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  • Gedeon Richter Sales In Romania Up 11% In January-September

    10.31.2013

    Hungarian pharmaceutical company Gedeon Richter registered sales of EUR107.8 million in Romania in the first nine months of 2013, up 11.1% on the year, fueled by distribution and retail, the group more

  • Banca Carpatica Net Profit Climbs 61% In January-September

    10.31.2013

    Romanian lender Banca Comerciala Carpatica (BCC.RO) said Thursday its net profit rose 61% on the year to 19 million lei (EUR4.31 million) in the first nine months of 2013. more

  • Banca Transilvania 9-Month Net Profit Down 9% To RON240M

    10.31.2013

    Romanian lender Banca Transilvania (TLV.RO) reported a net profit of 240.2 million lei (EUR54.4 million) for the first nine months, down 9.5% on the year, the bank said in a statement Thursday. more

  • SIF Crisana-Banat Revenues Halve To RON68.8M In January-September

    10.30.2013

    Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) Wednesday reported revenues of 68.83 million lei (EUR15.6 million) for the first nine months of 2013, down 51.4% from RON141.74 million in more

  • Erste Net Profit Falls 28% To EUR430M In First 9 Months; Risk Costs Decline

    10.30.2013

    Austria's Erste Group Bank AG (EBS.RO) Wednesday said its net profit fell 28% to EUR430.3 million in the first nine months of 2013, from EUR597.3 million in the similar interval a year ago when it more

  • BCR 9-Month Net Profit At RON559.8M Vs Loss A Year Ago

    10.30.2013

    Romania’s largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), Wednesday reported a net profit of 559.8 million (EUR126.9 million) for the first nine months, compared with a loss of more

  • Romsilva Reports Higher-Than-Expected Turnover In First 9 Months, Of RON1.15B

    10.29.2013

    Romania’s national forest administrator Romsilva registered turnover of 1.15 billion lei (EUR0.25 billion) in January-September 2013, up 30% from initial estimates, and four-fold higher pretax more

  • Farmec Sales Up 16% On Year To RON105M In January-September

    10.29.2013

    Romanian cosmetics producer Farmec registered turnover of 105 million lei (EUR23.6 million) in the first nine months of 2013, up 16% on the year. more

  • Safety Broker Posts Nearly EUR38M Turnover In First 9 Months, Expands To Moldova

    10.29.2013

    Romanian insurance broker Safety Broker de Asigurare Tuesday said it brokered premiums of EUR37.68 million in January-September 2013, higher by nearly EUR14 million from the same period a year ago. more

  • Private Pension Funds’ Net Profit Up 41% To RON462.8M In 1H/2013

    10.28.2013

    The net profit of Romanian mandatory (Pillar II) and voluntary (Pillar III) private pension funds reached 462.8 million lei (EUR104.2 million) in the first half of 2013, up 41% on the year, according more

  • ELCEN Gross Profit Up Over 8 Times On Year To RON250M In January-September

    10.28.2013

    Romanian state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) registered gross profit of 250.4 million lei (EUR56.7 million) in the first nine months of 2013, 8.3 times more

  • SIF Transilvania 9-Month Revenues Up 20% Fueled By Share Sale

    10.25.2013

    Romanian regional investment fund SIF Transilvania (SIF3.RO) registered 20% higher revenues in the first nine months of 2013, of 342.09 million lei (EUR77.6 million), and the increase was fueled by more

  • Popa, Transavia: Company Reached Maturity, May Expand Further Through Acquisitions

    10.24.2013

    Transavia, the largest poultry meat producer in Romania, reached full development and may further expand only through acquisitions or investments started from scratch, Ioan Popa, owner and general more

  • DPD Romania 9-Month Sales Rise 24% To RON34.8M

    10.23.2013

    Parcel delivery service company DPD Romania, a unit of French La Poste, Wednesday reported a 24% increase in its sales to 34.8 million lei (EUR7.84 million) in the first nine months, fueled by more

  • Oltchim Turnover Doubles On Year To EUR11.4M In September

    10.22.2013

    Romanian chemical plant Oltchim doubled turnover to EUR11.43 million in September 2013, from EUR5.6 million in the similar interval a year ago, the company’s court-appointed administrators said in a more

  • Romanian Banks Swing To RON1.5B Aggregate Profit In Jan-August

    10.21.2013

    The Romanian banks reported an aggregate net profit of 1.5 billion lei (EUR337 million) in the first eight months of 2013, versus losses a year-earlier, helped by lower risk costs and fewer loan-loss more

  • Hidroelectrica Posts Pretax Profit Of RON681M In January-September

    10.16.2013

    Romania’s largest power producer Hidroelectrica Wednesday reported a pretax profit of 681 million lei (EUR153 million) in the first nine months of 2013, on total sales of RON2.28 billion. more

  • SIF Transilvania 9-Month Profit Rises To RON213.6M

    10.15.2013

    Romanian regional investment funds SIF Transilvania (SIF3.RO) Tuesday said its net profit rose 9% to 213.6 million lei (EUR48.4 million) in the first nine months, mainly fueled from sales of shares in more

  • Italy’s IGD To Invest Some EUR5M In Winmarkt Romania Store Chain In 2013

    10.08.2013

    Italian company Immobiliare Grande Distribuzione (IGD) has earmarked nearly EUR5 million for investments in modernizing and extending the rentable area of shopping center chain Winmarkt Romania this more

  • Immofinanz Rental Revenues In Romania Climb To EUR12.4M In May 1-July 31

    09.25.2013

    Austrian real estate investment group Immofinanz registered rental revenues of EUR12.4 million in Romania in the first quarter (May 1 –July 31) of fiscal year, higher from EUR11.9 million in the more

  • DAAS Romania Expects 10% Higher Sales In 2013

    09.16.2013

    DAAS Romania, supplier of equipment and services for the Horeca and food retail industry, said Monday it expects 10% higher turnover in 2013, from EUR23.5 million last year. more

  • Tarom CEO: Results Are As Planned, Passenger Numbers Up 6% In August

    09.16.2013

    Results registered by the Romanian state-owned airline Tarom are in line with those stated in the company’s management plan and passenger numbers rose 6% in August, according to Christian Heinzmann, more

  • MedLife 1H Turnover Up 17% On Year To EUR35M

    09.03.2013

    Romanian private healthcare provider MedLife registered turnover of EUR35.2 million in the first half of 2013, 17% higher on the year. more

  • Alpha Bank Pretax Loss In Romania Widens To EUR20M In First Half

    09.02.2013

    Greek lender Alpha Bank Friday said its pretax loss in Romania widened 20.7% to EUR20 million in the first half, largely due to higher provisions for bad loans. more

  • Unirea Shopping Center 1H Net Profit Doubles On The Year

    09.02.2013

    Romania’s Unirea Shopping Center (SCDM.RO) Monday said its net profit doubled on the year to 3.7 million lei (EUR0.83 million) in the first half, as costs declined faster than revenues. more

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