02.15.2016

Romanian oil refining company Rompetrol Rafinare (RRC.RO), member of KMG International group, reported a net consolidated result of $62 million in 2015, thus marking the switch to profit of Petromidia more

02.15.2016

Albalact group (ALBZ.RO) reported a profit of RON15.23 million in 2015, from RON811,000 a year before, the company said in a statement Monday. more

02.15.2016

Romanian lender Banca Transilvania (TLV.RO) reported a net profit of RON2.42 billion (EUR544 million) last year, fivefold and a half higher than in 2014, including the gain from the acquisition of more

02.15.2016

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) reported a net profit of RON27.1 million in 2015, down from RON31.1 million a year before, but higher than forecasted, the company said in a more

02.15.2016

Romanian brick maker Cemacon Cluj (CEON.RO) reported a turnover of RON67.94 million in 2015, up 24% against 2014, and a net profit of over RON13 million. more

02.12.2016

Romanian chemical plant Oltchim Ramnicu Valcea reported a preliminary net profit of RON2.308 billion in 2015, due to debt write-offs, versus losses of RON459.32 million in 2014. more

02.10.2016

Sales of Hungarian pharmaceutical group Gedeon Richter in Romania rose 14.6% to EUR165 million in 2015, from EUR144 million a year ago, backed by the distribution and retail activities which account more

02.10.2016

UniCredit Bank on Wednesday said it registered assets of RON30.6 billion (EUR6.8 billion) last year, 6.7% more against 2014, due to a 4.1% increase in lending to RON19.7 billion (EUR4.3 billion), and more

02.05.2016

Freight forwarder IB Cargo reported a turnover of EUR19.02 million in 2015, up 31.2% on the year, Catalin Putineanu, the company’s managing partner, stated Friday. more

01.28.2016

Operating leasing company LeasePlan Romania reported a turnover of EUR42.4 million last year, up 0.5% compared with 2014, while the car fleet it manages rose 6% to over 11,000 vehicles, general more

01.27.2016

Secom, a company specializing in the import, distribution and sale of natural health and beauty products, reported a turnover of RON54.8 million (EUR12.2 million) in 2015, up 19% on the year. more

01.27.2016

Romanian state-run chemical plant Oltchim on Wednesday said it registered a turnover of EUR167 million in 2015, up 18% on the year, and an EBITDA of EUR9.6 million, after negative annual results more

01.26.2016

Happy Tour group reported a turnover of EUR94 million in 2015, up 40% on the year, due to a 23% increase in the number of business clients and a 20% hike of the number of leisure clients, the company more

01.26.2016

Romanian lender Banca Comerciala Carpatica (BCC.RO) halved its net loss down to RON85.43 million in 2015, from RON169.5 million a year before, but its assets also saw a decline, falling by 4.7% to more

01.25.2016

Romania’s insolvent state-owned power producer Hidroelectrica on Monday said it posted a pre-tax profit of RON1.1 billion (EUR248 million) in 2015, slightly lower than in 2014, but it also reported more

01.21.2016

London-headquartered brewer SABMiller on Thursday said its revenue in Romania rose 25% in the third quarter ended December 31, with beer volumes up 20% as a result of double digit growth on all price more

01.12.2016

Romanian online computer and electronics retailer PC Garage registered a turnover of RON165 million in 2015, up nearly 30% on the year, with a third of it being achieved in the last quarter of 2015, more

12.21.2015

Danubius Sovata hotel group reported a turnover of RON36 million in 2015, 20% higher on the year, the company said in a statement Monday. more

12.17.2015

Austrian property investor Immofinanz Thursday said its rental revenues in Romania stagnated to EUR22.2 million in the first half of the 2015/2016 financial year (May-October period), accounting for more

12.15.2015

Garanti Romania group posted a net profit of RON98.5 million in January-September, up 8% on the year, while its assets rose 10% to RON9.5 billion, the company said in a statement Tuesday. more

12.10.2015

Romania’s insurance market saw a 7.4% increase in gross underwritten premiums in January-September 2015, to RON6.33 billion, of which general insurance represent nearly RON5 billion, up 6.9% on the more

11.26.2015

British specialist payments company PayPoint reported a 0.5% increase in revenue at its Romanian unit to GBP15.56 million in the first six months of 2015, due to an increase in the number of more

11.24.2015

Austria’s Vienna Insurance Group (VIG) registered underwritten gross premiums of EUR300.6 million in Romania in the first nine months of 2015, up 23.3% from EUR243.8 million in the year-earlier more

11.16.2015

Insurance company Grawe Romania reported a net profit of RON2.4 million in the first nine months of the year, up 80% from RON1.33 million in January-September 2014, the company said in a statement. more

11.13.2015

Italian utility group Enel Friday said its earnings before interest, tax, depreciation and amortization (EBITDA) fell to EUR221 million in Romania in January-September 2015, from EUR227 million in the more