05.29.2015

Greek lender Alpha Bank registered a loss before tax of EUR6.5 million in Romania in the first quarter of 2015, after posting a negative result of EUR58.5 million in 2014. more

05.25.2015

Romanian state-run lender EximBank’s profit rose fivefold to nearly RON35 million on the year in the first quarter of 2015, and its assets increased 5% to RON4.1 billion, compared to the end of more

05.21.2015

Bancpost, the Romanian unit of Greek group Eurobank, reported a net profit of RON25.2 million in January-March, given the increase of operating incomes by 7% and the decrease of operating expenses by more

05.18.2015

Romania’s leading oil and gas company OMV Petrom (SNP.RO) Monday reported a 68% drop in its net profit for the first quarter, as sales were impacted by lower oil prices. more

05.17.2015

Romanian pharmaceutical company Ropharma (RPH.RO) posted a 15% rise in its first-quarter net profit, fueled by a similar increase in operating income. more

05.15.2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) reported a net profit of RON6.5 million in January-March, 13-fold higher compared to the same period a year earlier, the company said more

05.15.2015

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) reported a net profit of 6 million lei (EUR1.4 million) for the first quarter, up 15% on the year, the company said in a statement Friday. more

05.15.2015

Romanian state-run power grid operator Transelectrica (TEL.RO) Friday reported a 7.4% drop in its first-quarter net profit, following a spike in operating costs. more

05.15.2015

Romanian power supply and distribution company Electrica (EL.RO) Friday reported a 32% higher profit for the first quarter, following an increase in delivered electricity quantities. more

05.15.2015

Romanian aluminum smelter Alro switched to profit in the first quarter of 2015, as the company’s sales were boosted by increased production and higher metal prices on international markets. more

05.14.2015

Rompetrol Rafinare, the largest Romanian unit of Kazakhstan’s KazMunayGas, Thursday reported a strong decline in revenue but an even more important improvement of its net result. more

05.14.2015

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group KMG International, reported a net profit of RON258,000 in the first quarter, 92% lower from RON3.2 million in the more

05.14.2015

Romanian nuclear power producer Nuclearelectrica (SNN.RO) Thursday reported an 11% increase in its net profit for the first quarter, despite a slight decline in production. more

05.13.2015

SABMiller sales in Romania fell 2% in the fiscal year ended March 31, 2015, less than the overall market, the group said in a report Wednesday. more

05.13.2015

Romania’s natural gas transmission company Transgaz (TGN.RO) Wednesday reported a 12% decline in its profits for the first quarter, following a decrease in transported gas quantities. more

05.12.2015

Transport and logistics company GEFCO Romania, the local division of Gefco group, on Tuesday said it registered a turnover of EUR52 million in 2014, up 10% on the year, and targets a similar growth more

05.12.2015

German insurance group Allianz on Tuesday said it underwrote gross premiums on the general insurance segment of EUR61 million in Romania, in the first quarter of 2015, up 5.2% from EUR58 million in more

05.12.2015

Romanian brick maker Cemacon Cluj (CEON.RO) switched to profit in the first quarter of 2015, posting a positive result of RON8.1 million (EUR1.8 million), from a loss of RON1.5 million in the more

05.12.2015

Romania’s largest natural gas producer Romgaz (SNG.RO) Tuesday reported a first-quarter net profit of 563 million lei (EUR126.8 million), 7.5% lower than in the year-earlier period. more

05.11.2015

Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) reported a turnover of RON35.6 million in January-March, tenfold higher from RON3.4 million in the corresponding period more

05.08.2015

Italian utility group Enel on Friday said it registered earnings before interest, tax, depreciation and amortization (EBITDA) of EUR64 million in Romania in the first quarter of 2015, down 1.5% from more

05.08.2015

Banca Comerciala Carpatica (BCC) on Friday said it switched to profit in the first quarter of 2015, posting a positive of nearly RON0.65 million, from a loss of nearly RON1 million in the same period more

05.07.2015

ING Bank Romania reported a net profit of 82 million lei (EUR18.6 million) for the first quarter, up 19% on the year, the lender said in a statement Thursday. more

05.07.2015

Heineken Romania on Thursday said it registered a 3% lower turnover of RON1.08 billion in 2014, due to lower beer consumption on the whole market, but saw a two-digit profitability. more

05.07.2015

The net profit of Austria’s Erste Group Bank (EBS.RO) more than doubled in the first quarter against the same period of 2014, following an extensive balance sheet clean-up process implemented last more