04.14.2015

Austria’s Vienna Insurance Group (VIG) returned to a positive result in Romania in 2014, reporting a profit before tax (PBT) of EUR6.1 million, versus a loss of EUR98.7 million in 2013, the company more

04.09.2015

The Bucharest National Airport Company (CNAB), which manages Bucharest’s two airports, Henri Coanda (Otopeni) and Aurel Vlaicu (Baneasa), ended 2014 with net profit worth above 106 million lei, up more

04.07.2015

Romania’s state-run lender EximBank reported a net profit of RON46.6 million (EUR10.5 million) last year, slightly higher compared with 2013, while its operating profit rose 50% to RON121 million, more

04.07.2015

The judicial administrator of insolvent Hidroelectrica, Romania’s biggest power producer, will propose to the company’s creditors and shareholders the disbursement of dividends accounting for 80% more

03.31.2015

Pitesti-based group Lazar, one of Romania’s biggest entrepreneurial businesses in the field of freight transport, ended last year with revenue of EUR90 million, slightly down on the year, but more

03.31.2015

Litigation with the thousands of employees who left the company, the lower-than-expected results of some investments and the failure of some exploration and production projects were the elements that more

03.25.2015

Raiffeisen Bank Romania posted last year a net profit of EUR113 million, up 8.6% from EUR104 million in the previous year, the lender said Wednesday. more

03.19.2015

Insurer Generali Romania nearly doubled its net profit last year, from RON20.1 million to RON39.2 million, as it lowered staff numbers by 22% and damage payments by 7.3%, while underwritings rose more

03.06.2015

OTP Bank Romania, part of Hungarian group OTP, posted a net profit of HUF765 million (EUR2.47 million) in 2014, after a net loss of HUF1.6 billion (EUR5.18 million) in the fourth quarter of 2014, due more

02.24.2015

Pension fund BCR Pensii plans to switch to profit in 2015, after posting losses every year since it was established, in 2007, general manager Lucian Anghel said Tuesday. more

02.23.2015

Romanian state-owned hydropower producer Hidroelectrica posted a record gross profit of RON140 million in January, double compared to January 2014, the company said in a statement Monday. more

02.12.2015

State-run oil transporter Conpet Ploiesti (COTE.RO) had a net profit of RON50.5 million (EUR11.4 million) last year, up 61% compared to 2013, when its profit was impacted by a cost of RON33 million more

02.12.2015

UniCredit Tiriac Bank's net profit rose 7% in 2014, to RON80.3 million, and total operating revenue declined 2.1%, to RON1.3 billion, the bank, part of Italian group UniCredit, said in a statement more

02.10.2015

The net profit of the Bucharest Stock Exchange (BVB) climbed 25% in 2014, to 11.9 million lei (EUR2.7 million), from RON9.48 million a year ago, backed by the value of trades which boosted the more

02.08.2015

Romanian real estate developer Impact Developer&Contractor (IMP.RO) had a net profit of 4.1 million lei (EUR923,000) in 2014, from a loss of RON42.46 million in 2013, due to gains from asset more

01.26.2015

Romanian state-owned hydropower producer Hidroelectrica had a record turnover of RON3.4 billion (EUR765.7 million) last year, 10.3% higher than in 2013, and a profit of RON1.2 billion (EUR270 more

01.20.2015

Romanian pharmacy chain DONA, which currently consists of 275 units, ended 2014 with a 30% growth in turnover and switched back to profit, with net earnings of EUR6 million. more

01.19.2015

Romania's five regional investment funds (SIFs) ended 2014 with about 687 million lei (EUR152 million) profit and investors are now calculating how much of it will go to shareholders as dividends. more

01.14.2015

Romanian state-run companies’ revenues increased by RON6.49 billion in 2013 and the gross profit of the 228 active state-owned economic operators stood at RON2.74 billion, according to a report more

01.14.2015

Most of the energy companies listed on the Bucharest Stock Exchange are preparing to pay the highest dividends ever to their investors after a 2014 when utility companies posted record profits. more

01.08.2015

Pastry shop chain Fornetti Romania, which switched to profit last year and had sales of over RON100 million, hopes to exit insolvency this year. more

12.12.2014

The profit of investment fund Fondul Proprietatea (FP.RO) increased by RON33.2 million in November, after four months of decline, reaching RON1.01 billion (EUR227.3 million) in January-November, more

12.09.2014

Romania's state-owned postal operator Posta Romana will end this year with an operating profit of RON74.3 million, from losses of RON35 million in 2013 and RON52 million in 2012, the Ministry for more

12.04.2014

Omniasig underwrote premiums of RON582 million in January-September, down 8% on the year, and reported a net profit of RON2.2 million from a loss of RON20 million in the same period last year. more

12.03.2014

Insurer BCR Asigurari de Viata posted a net profit of RON17.3 million in January-September, from losses in the same period last year, after cutting administrative costs by 40% and changing the more