11.14.2014

Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) saw its profit drop to half in the first nine months of the year, to RON7.88 million, as expenses rose 11.6%, the more

11.12.2014

Romanian state-owned hydropower producer Hidroelectrica estimates a record high profit for 2014, at around 1.1 billion lei (almost EUR250 million), the company said in a statement Wednesday. more

10.30.2014

Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) reported net sales of RON175.56 million (EUR39.47 million) in the first nine months of the year, up 0.7%, and its net profit rose 58%, to more

10.29.2014

Romania's state-owned postal operator Posta Romana will end the year with a profit of RON65 million, after six years of losses, Minster for Information Society Razvan Cotovelea said Wednesday. more

10.22.2014

Sales of Heineken, the world's third largest beer producer by volume, declined in Romania in the third quarter of the year, reflecting continued challenging trading conditions and the effect of more

10.20.2014

Cotroceni Park SA, the operator of the AFI Palace Cotroceni mall, one of the key shopping destinations in Bucharest, posted EUR29.1 million net profit last year, five times higher than in 2012 and a more

10.16.2014

Just one third of the nearly 520,000 small and medium-sized companies that operated in Romania last year managed to rake in profits of above EUR1,000 at the end of the 12 months. more

10.15.2014

Romanian energy producer Hidroelectrica, the country’s biggest, in the first nine months of this year generated gross profit worth 817 million lei (EUR185 million), up 20% from the year earlier more

10.13.2014

Non-bank financial institutions (NBFI), a segment that includes consumer finance and leasing companies, posted about 300 million lei (EUR68 million) aggregate profit in the first half, double the more

10.01.2014

Garanti Leasing, the financial leasing division of Garanti Romania, gave new financing of EUR36.2 million in the first half of the year, up 68% on the year, in a leasing market that rose 22% in the more

09.15.2014

Romanian investment fund Fondul Proprietatea (FP.RO) reported a net profit of 1.01 billion lei (EUR226.6 million) in August, down by RON6 million from the previous month but almost double from more

09.15.2014

Romanian insolvent power producer Hidroelectrica posted a gross profit of 719 million lei (EUR162.7 million) in the first eight months of 2014, up 12% on the year, due to 14.5% higher electricity more

09.11.2014

Romanian companies reported the lowest overall loss in the past six years, at EUR10.5 billion in 2013, while profit totaled EUR14.1 billion, according to Trade Registry data. The gap between profit more

09.09.2014

Unirea Shopping Center (SCDM.RO) had a turnover of RON37.16 million (EUR8.3 million) in the first half of the year, down 3% on the year, while its net profit halved, to RON1.94 million (EUR434,500). more

09.08.2014

Romania’s banking system posted an aggregated profit of 209 million lei (EUR47.5 million) in the first half, much lower than RON1.15 billion in the same period a year ago, as banks continued more

08.18.2014

Romanian insolvent power producer Hidroelectrica posted a pretax profit of 600 million lei (EUR135.2 million) in the first seven months of 2014 and expects record earnings of over RON1 billion for the more

08.14.2014

Romanian investment fund Fondul Proprietatea Thursday said its net profit fell 4.6% to 1.015 billion lei (EUR228.7 million) at the end of July, from a record high profit of RON1.06 billion in the more

08.11.2014

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) posted a half-year turnover of EUR228.34 million, up 11.6% on the year, and its net profit tripled to RON13.38 million. more

07.28.2014

The liquid shares on the Bucharest Stock Exchange generated up to 35% profit in the first two summer months, with Impact (IMP.RO), Teraplast (TRP.RO) and Retrasib (RTRA.RO) leading the pack and more

07.15.2014

The 50 largest non-banking financial institutions (NBFI), largely consumer lending companies, in 2013 reported overall profit worth 144 million lei (EUR33 million) amid revenue of RON2.9 billion more

07.10.2014

Cement producer Lafarge Ciment, the largest company in Romania of France’s Lafarge, which is to sell its local assets in order to merge with Swiss-held Holcim, posted EUR2.4 billion revenue and more

07.08.2014

Insurance brokers posted an aggregated net profit of 114 million lei (EUR26 million) last year, and the margins of the 15 largest of them ranged from as low as 3% to as much as 75% of the total more

07.04.2014

Raiffeisen Bank International (RBI) said Friday it expects profit in Romania in 2014 as well, after Erste Group announced that it expects record losses due to higher provisions in Romania and Hungary. more

07.02.2014

Italian-held home appliances manufacturer De’Longhi, which opened a plant on some of the space vacated by Nokia in Jucu, near Cluj, ended its first year in business in Romania in the black posting more

07.01.2014

Insurance companies ended last year with a loss about 450 million lei (EUR100 million), 40% higher than in 2012. This is the eighth year in the red for the Romanian insurance industry, according to more