10.26.2016

The Romanian M&A market size has decreased by nearly 50% in the first six months of 2016, to $1.1 billion, from $2.1 billion in the year-earlier period, according to EY M&A Barometer. more

10.21.2016

Loans granted by non-banking financial institutions (NBFIs) included in the central bank's general registry reached RON23 billion (EUR5.2 billion) at the end of June 2016, up by RON1.8 billion more

10.18.2016

Caroli Foods Group, one of the largest local processed meats producers in Romania, reported a turnover of RON229 million in the first six months of 2016, up 34% verus the year-earlier period, the more

09.28.2016

Sugar producer Agrana Romania (BETA.RO) reported losses of RON1.6 million in the first six months of 2016, versus losses of RON13 million in the year-earlier period, the company said in a statement more

09.21.2016

Intermedicas, a medical second opinion provider in Romania or abroad, estimates a turnover of RON1.7 million in 2016, up 50% on the year, after a 40% sales increase in the first six months of the more

09.07.2016

The total value of transactions on Bucharest Stock Exchange fell 28% on the year in the first six months, to RON4.88 billion, on the backdrop of a 92% decrease in bond trades and the halving of trades more

09.07.2016

BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, granted financing of EUR73.6 million in the first six months of 2016, double versus the year-earlier period. more

08.23.2016

Garanti Bank reported net losses of RON23 million in the first half of the year, versus RON50 million profit in the year-earlier period due to the absorbing of prudential requirements related to more

08.21.2016

Strauss Romania, the producer of coffee brands Doncafe and Fort, reported 5.7% higher sales in the first six months of 2016, to over RON135 million. more

08.19.2016

Romanian poultry producer Avicola Slobozia (AVSL.RO) reported 7.8% lower sales in January-June 2016, at RON29.5 million, the company said in a statement. more

08.19.2016

Romanian state-owned airline Tarom reported losses of RON28.6 million in the first six months, eightfold higher from the estimated RON3.4 million, mainly due to technical issues which triggered flight more

08.18.2016

Raiffeisen Bank Romania, the fourth largest player in the local banking system, reported a net profit of EUR38 million in the first six months, down 27% compared with the year-earlier period, the bank more

08.17.2016

Romanian regional investment fund SIF Transilvania (SIF3.RO) reported a net profit of RON23.1 million in the first six months of the year, from RON44.4 million in the same period a year earlier. more

08.17.2016

Romania’s state-owned hydropower producer Hidroelectrica, which underwent a restructuring process during insolvency, became the most profitable local company by the gross profit margin posted in the more

08.16.2016

AFI Europe Romania registered a net operating income of EUR22.2 million in the first six months of 2016, up 13.1% from the year-earlier period, the company said in a statement. more

08.16.2016

Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) reported a profit of RON16.8 million in January-June, down 44% compared with the first half of 2015, the company said more

08.16.2016

Vrancart Adjud (VNC.RO), a major paper and cardboard maker in Romania, reported a net profit of RON11.35 million in the first six months of 2016, up 51% from RON7.52 million in the year-earlier more

08.12.2016

Bucharest Stock Exchange group (BVB.RO), which includes Bucharest Stock Exchange, Central Depository, Bucharest Compensation House and Investor Compensation Fund, reported a profit of RON1.8 million more

08.12.2016

Romanian real estate developer Impact Developer&Contractor (IMP.RO) doubled its profit to RON13.7 million in the first six months on the backdrop of higher two-room apartment sales triggered by the more

08.12.2016

Romanian pharmaceutical producer Biofarm (BIO.RO) reported a profit of RON15.2 million in the first six months of the year, up 1% compared with January-June 2015, the company said Friday. more

08.11.2016

UniCredit Leasing reported a net consolidated profit of EUR3.7 million in the first six months of 2016, up 33% from the year-earlier period, the company said in a statement Thursday. more

08.11.2016

Insurance company Allianz-Tiriac, the largest insurer on the Romanian market, reported total revenues of RON598 million in January-June, up 13% from the year-earlier period. more

08.11.2016

The Romanian financial leasing market saw a 25% increase in the first six months of 2016, to nearly EUR1 billion, the association of financial companies ALB Romania said Thursday. more

08.11.2016

Coca-Cola sales volumes in Romania rose over 10% on the year in the first six months of 2016, according to Coca-Cola HBC financial report released Thursday. more

08.10.2016

ING Romania reported a net profit of RON278 million in the first six months of 2016, up 79% on the year, mainly due to the sale of Visa shares in the second quarter of the year and due to lending more