01.15.2014

SIF Transilvania (SIF3.RO) maintained its position as the most profitable Romanian investment fund in 2013, for the third consecutive year, with a net profit of 193.8 million lei (EUR44 million), more

01.15.2014

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday said its net profit rose 20.3% on the year to 682.15 million lei (EUR150.7 million) in 2013, largely fueled by one-time income following more

12.18.2013

Allianz-Tiriac Asigurari will end 2013 with revenues slightly higher than the RON900.2 million it posted in 2012 and will awing back to profit following a loss of RON42.7 million last year. more

12.04.2013

Profitability remains the main focus of Allianz-Tiriac in the coming period, after the insurer improved its profit rate in the first nine months of this year, Remi Vrignaud, the insurer’s general more

11.27.2013

Raiffeisen Bank International Wednesday reported profit after taxes of EUR81 million in Romania for the first nine months of 2013, up 11.3% on the year, mainly due to higher net commission and trading more

11.18.2013

Romania’s Finance Ministry anticipates that banks and companies, as well as individuals, will earn higher income in the years to come and will contribute more to the budget than the amounts expected more

11.15.2013

Shopping center operator Cocor Bucuresti (COCR.RO) switched to net profit of 4 million lei (EUR0.921 million) in the first nine months of 2013, after loss of RON10.5 million in the similar interval a more

11.15.2013

Romanian chemical company Chimcomplex Borzesti (CHOB.RO) Friday said its net profit fell 27% to 6.1 million lei (EUR million) in the first nine months of 2013, from RON8.4 million in the similar more

11.14.2013

Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) Thursday said its net profit rose 54.8% to 5.11 million lei (EUR1.1 million) in the first nine months of 2013, from RON3.3 million in the more

11.14.2013

South-African real estate investment fund New Europe Property Investments (NEP.RO) said Thursday its profit attributable to shareholders rose 80% to EUR35.9 million in the first nine months of 2013, more

11.14.2013

Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) Thursday said its profit fell 33% on the year to 4.47 million lei (EUR1 million) in the first nine months of 2013. more

11.14.2013

State-owned power supply and distribution company Electrica Furnizare, posted 2.4 billion lei (EUR540 million) revenue in the first half of 2013, up 11.5% on the year-ago period, according to the more

11.13.2013

Romanian hotel-operator THR Marea Neagra (EFO.RO) registered net profit of 2.8 million lei (EUR0.644 million) in the first nine months of 2013, down 24% from RON3.7 million in the similar interval a more

11.13.2013

Romanian aluminum processor Alumil Rom Industry (ALU.RO) Wednesday said its net profit fell to RON1 million (EUR0.231 million) in the first nine months of 2013, from RON2.4 million in the similar more

11.13.2013

The profit of Romanian glass container producer Stirom Bucharest (STIB.RO) halved to 4.8 million lei (about EUR1.1 million) in the first nine months of 2013, from RON9.6 million in the similar more

11.13.2013

Romanian car parts maker UAMT Oradea (UAM.RO) Wednesday reported four times higher net profit for the first nine months of 2013, of 7.5 million lei (EUR1.68 million), from RON1.8 million in the more

11.13.2013

Cement producer Holcim Romania, the local subsidiary of Swiss group Holcim, will return to profit this year after last year it posted losses for the first time in more than a decade, of around EUR8.5 more

11.12.2013

Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) registered net profit of 39.7 million lei (EUR9 million) in the first nine months of 2013, up 28% on the year. more

11.11.2013

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) registered turnover of 101.7 million lei (EUR23 million) in the first nine months of 2013, down 24% from RON134.1 million in the more

11.11.2013

Romanian nuclear power company Nuclearelectrica (SNN.RO) Monday reported turnover of 1.425 billion lei (EUR323.3 million) for the first nine months of 2013, up 19% on the year, and net profit of more

11.07.2013

Mobile operator Cosmote Romania had revenues of EUR116 million in the third quarter of 2013, slightly down from the same period last year, and it’s EBITDA declined 3.5%, to EUR33 million, due to more

11.07.2013

The revenues of Romanian telecom operator Romtelecom fell 0.6% on the year to EUR152.6 million in the third quarter of 2013, Greek group OTE, owner of Romtelecom, Cosmote and Germanos, said in a more

11.07.2013

Romania’s leading oil and gas company OMV Petrom (SNP.RO) Thursday reported a 47% increase in its third-quarter net profit to 1.27 billion lei (EUR286.7 million), helped by higher oil prices and more

11.07.2013

Greek OTE group and the representatives of Romania’s Ministry of Communications and Information Society at the end of August discussed about the use of the EU70 million net profit Romtelecom made more

11.06.2013

Romanian insurer ING Asigurari de Viata said Wednesday it underwrote premiums of 408.2 million lei (EUR92 million) in the first nine months of 2013, up 0.2% on the year, and its gross profit rose more