11.13.2015

The net profit of Romanian lender Libra Internet Bank rose by over 60% on the year in the first nine months of 2015, to RON18.8 million, the lender said in a statement Friday. more

11.12.2015

Raiffeisen Bank International (RBI) posted an after tax profit of EUR86 million in Romania in the first nine months of 2015, up 6.2% from EUR81 million in January-September 2014, the lender said in a more

11.11.2015

German utility group E.ON Wednesday said that the Romania regional unit’s EBITDA rose in the third quarter, supported by the positive effect of tariff increases in the gas distribution business, more

11.10.2015

Romanian lender Banca Transilvania (TLV.RO) on Tuesday said its assets rose 10.6% to RON39.39 billion, after the integration of Volksbank, and its pretax profit inched down 0.6% to RON373.5 million on more

11.06.2015

Revenue of cable TV and telecom operator UPC Romania fell 10% in January-September 2015, to $117.7 million, from $130.5 million in the same period last year, following a strong appreciation of the more

11.05.2015

Bancpost, held by Greek group Eurobank, on Thursday said its profit reached RON65.8 million in January-September 2015, compared to a loss of RON102.7 million in the first nine months of 2014. more

11.04.2015

EximAsig, controlled by EximBank, registered gross underwritten premium of RON12.7 million in January-September 2015, posting profit of RON600,000, from a loss of over RON800,000 in the year-earlier more

11.04.2015

Sales of Hungarian pharmaceutical group Gedeon Richter in Romania rose 10.8% in January-September, to EUR118.7 million, from EUR107.1 million a year ago, the company said in a report Wednesday. more

11.02.2015

South-African investment fund New Europe Property Investment (NEP.RO) on Monday said its net profit attributable to stockholders rose 163% to EUR119.46 million in the first nine months, from EUR45.35 more

10.30.2015

Romanian lender Banca Comerciala Carpatica (BCC.RO) widened its loss in the first nine months of the year to RON26.5 million, from RON21.7 million in the same period last year, as its revenue declined more

10.22.2015

Revenues of telecom operator Orange Romania increased by 3.2% on the year in January-September, to EUR697 million, and by 7% on the year in the third quarter, to EUR243.2 million, the company said in more

10.21.2015

KMG International group (the former Rompetrol Grup) registered a net profit of $11.4 million in January-September 2015, from a loss of $30 million in the same period a year ago, despite lower revenue more

09.30.2015

Private hospital Ponderas in Bucharest, specializing in weight loss surgery, estimates higher revenues this year, at EUR16 million, as it reported a turnover of EUR12 million in January-September. more

09.15.2015

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) posted a net profit of 3.8 million lei in August, while SIF Muntenia (SIF4.RO) reported RON26 million loss amid the plunge of the Chinese more

09.07.2015

Bancpost, held by Greek group Eurobank, posted a net profit of RON34.6 million in the first half of 2015, due to an 18% decrease in operating expenses and a 1% increase in operating revenue. more

09.04.2015

Meat producer Kosarom based in Pascani (NE Romania) and held by the Apostol family expects EUR50 million to EUR55 million revenue this year, following a 12% to 15% increase in the first half. more

08.26.2015

Romanian state-owned postal company Posta Romana reported a net profit of RON18.3 million (EUR4.13 million) in the first seven months of the year, while its revenues stood at RON655 million (EUR147 more

08.25.2015

Austria’s Vienna Insurance Group (VIG) registered underwritten gross premiums of EUR194.2 million in Romania in the first half of 2015, up 17.6% from EUR137.7 million in the year-earlier period, more

08.24.2015

Romanian insurer CertAsig on Monday said it underwrote gross premiums of EUR7 million in the first half of 2015, up 20% from EUR5.8 million in the same period last year, of which a third targeted more

08.24.2015

Romanian state-owned postal company Posta Romana expects a gross profit of RON1.6 million in 2015, down 95.7% compared with last year’s profit, given that it will register only RON1 profit for every more

08.20.2015

The market capitalization of Romanian aluminum smelter Alro Slatina (ALR.RO), majority owned by Vimetco group, exceeded 1 billion lei on the Bucharest Stock Exchange, the growth being fueled by the more

08.20.2015

Agricover Credit IFN, the lending division of Agricover group, reported a net profit of RON10.22 million in the first six months, up 27% compared with the corresponding period a year earlier, the more

08.19.2015

Raiffeisen Bank posted a net profit of EUR48 million in January-June, up 6% from EUR45 million in the same period the previous year, the lender said Wednesday. more

08.19.2015

Raiffeisen Bank International (RBI) posted an after tax profit of EUR52 million in Romania in the first six months of 2015, up 10.4% from EUR47 million in January-June 2014, the lender said in a more

08.18.2015

Hungarian group Danubius Hotels registered a pretax profit of 14 million forints (EUR46,000) in the first six months of 2015, from losses worth 107 million forints (EUR346,000) in the same period a more