05.20.2015

Romania’s largest natural gas producer Romgaz (SNG.RO) targets a net profit of RON1.5 billion in 2015, higher by 7.2% than last year’s net profit which was the largest ever registered by the more

05.18.2015

BCR Leasing posted a net profit of RON6.3 million in the first quarter, from RON700,000 in the same period last year, and sales rose 66%, company general manager Bogdan Speteanu said Monday. 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

05.17.2015

Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, reported net profit of 12 million lei (EUR2.7 million) for the first quarter of 2015, down 15.5% compared with RON14.2 more

05.12.2015

UniCredit Tiriac Bank’s net profit dropped 26.8% to 52.8 million lei (EUR11.9 million) in the first quarter of 2015, from RON72.1 million in the year-earlier period. more

05.11.2015

Shopping center operator Cocor Bucuresti (COCR.RO) reported a gross profit of RON110,514 in the first quarter of 2015, down 21% on the year, on the backdrop of lower leasing revenue. more

05.11.2015

Cigarette manufacturer British American Tobacco (Romania) Trading (BAT), the leader of the local market, ended last year with 6.91 billion lei (EUR1.55 billion) revenue, slightly down (0.1%) on 2013, more

05.07.2015

Betty Ice, one of the leading local ice cream manufacturers, expects almost 92 million lei (EUR21 million) revenue this year, an increase of 5% on the previous year, according to the data the company more

05.06.2015

WIEE Romania, a company with just nine employees, controlled by Russia's Gazprom and Germany's BASF, which has a 12% share on the gas import market, had a turnover of RON572.5 million (nearly EUR129 more

05.06.2015

Baneasa Developments, the company controlled by local businessmen Gabriel Popoviciu and Radu Dimofte which operates the retail area of the Baneasa real estate project in northern Bucharest, ended 2014 more

04.30.2015

GDF Suez Energy Romania had a turnover of RON4.3 billion (EUR976.8 million) in 2014, up 5% compared to 2013, while its profit declined 1%, to RON443.1 million (EUR99.8 million). more

04.29.2015

Romanian aluminum smelter Alro Slatina (ALR.RO) estimates a profit of $63.6 million for this year after losses in the past years, the company said Wednesday. more

04.29.2015

The companies subordinated to the Transport Ministry posted total profit of almost 650 million lei (EUR147 million) in 2014, after having posted total losses of RON460 million in 2013. more

04.24.2015

Furniture manufacturer Elvila, controlled by businessman Viorel Catarama, posted 0.7 million lei (EUR0.15 million) net profit in 2014, an increase of 30% on 2013, according to an annual financial more

04.24.2015

Norada facility of Odorheiu Secuiesc, Harghita county, part of the group of textile companies controlled by Joseph Seroussi, in 2014 operated with a 16% profit margin, recent years’ highest. more

04.24.2015

Cluj-based Terapia, the largest local drug producer, posted net profit worth 86 million lei (EUR19 million) last year, down 21% against 2013. This is the first decline the drug maker has witnessed in more

04.22.2015

Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL) reported a net profit of over RON1.7 million in 2014, up 4% on the year, while the number of clients rose 10% to 217,000, the bank said more

04.22.2015

TBI Bank, the local unit of TBI Bank EAD Sofia, operated by TBIF Financial Services group, estimates it will switch to profit this year, after RON1.9 million loss in 2014, the bank said in a statement more

04.21.2015

Companies operating in Romania’s architecture field posted total revenue worth 869 million lei (almost EUR200 million) in 2013. Over 4,700 companies operate in this field, with 3,500 posting revenue more

04.20.2015

Romanian insolvent hydropower producer Hidroelectrica posted a gross profit of RON405 million (EUR91 million) in the first quarter, more than double compared to the same period last year, as more

04.20.2015

Raiffeisen, a top five player in Romania’s banking system, will pay shareholders dividends worth 300 million lei (EUR68 million) from last year’s net profit, 14% above the sum disbursed from 2013 more

04.17.2015

Romanian shipyard Santierul Naval Orsova (SNO.RO), controlled by three of the five SIFs, expects 20% revenue growth this year amid rising ship production and wider client base. more

04.16.2015

Raiffeisen Leasing had a net profit of EUR3.12 million in 2014, up 11% compared to 2013, when its profit stood at EUR2.8 million, the company said Thursday. more

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