05.07.2015

Romania’s largest lender BCR, a unit of Austria’s Erste Group Bank (EBS.RO), switched to profit in the first quarter of 2015 after a record loss last year caused by huge provisions for more

05.06.2015

BRD-Groupe Societe Generale (BRD.RO), the second largest lender in Romania, almost tripled its first-quarter net profit following a sharp decline in the net cost of risk, the company’s financial more

05.05.2015

Delivery Solutions, operator of delivery service firm Sameday Courier (SDAY.RO), reported a turnover of RON2.6 million in the first quarter, up 46% on the year, the company said in a statement more

05.05.2015

Romanian insurance broker Safety Broker on Tuesday said it brokered gross premiums of RON91.3 million (EUR20.6 million) in the first quarter of 2015, up 12% on the year more

04.30.2015

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a net profit of 151.5 million lei (EUR34.3 million) for the first quarter, up 46.5% on the year-earlier period. more

04.29.2015

Agribusiness group Agricover reported a turnover of RON1.3 billion (EUR285 million) in 2014, up 18% on the year, the company said in a statement Wednesday. more

04.20.2015

Insurance company Omniasig Vienna Insurance Group (VIG) underwrote gross premiums of RON860.38 million lei (EUR193.7 million) in 2014, down 2.3% on the year, the company said in a statement Monday. more

04.14.2015

Investment fund Fondul Proprietatea (FP.RO) reported losses worth RON668.7 million (EUR151.6 million) in the first quarter of 2015, from RON79 million losses in January-March 2014, following the more

04.07.2015

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) registered last year a 27% advance in savings deposits to over RON2.5 billion and a 33% increase in its loan portfolio to nearly RON152 more

03.31.2015

Piraeus Bank Romania on Tuesday said its gross profit fell to EUR2.1 million in 2014, from EUR3.3 million a year ago. more

03.10.2015

AFI Europe registered net operating income of EUR37 million in 2014, up 20% on the year, from the renting of AFI Palace Cotroceni and Ploiesti shopping malls and the first two office buildings in AFI more

03.10.2015

BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, said Tuesday it granted financing of EUR95 million in 2014, up 25% on the year, backed by the auto segment, more

03.05.2015

Business software solution provider SoftOne Romania and its partners registered sales of EUR1.5 million in 2014, the first operating year on the local market, due to doubling the number of clients and more

03.04.2015

Danubius Hotels, part of Hungarian group Danubius Hotels, reported a turnover of RON30.5 million in 2014 and estimates a 30% turnover increase this year, following the investments completed in 2014. more

03.04.2015

ING Bank Romania Wednesday said its gross profit rose 19% on the year in 2014, to 340 million lei (EUR76.4 million), from RON287 million a year earlier, while provision costs fell 40% to RON71 more

03.02.2015

Romanian footwear producer and retailer Denis, based in Suceava, reported a turnover of EUR10.5 million in 2014, up 16% from EUR9 million a year before, and targets EUR15 million sales this year. more

03.02.2015

Romanian cosmetics producer Farmec Cluj-Napoca reported a turnover of 152 million lei (EUR34 million) in 2014, up over 10% from RON138 million a year before, the companys aid Monday. more

02.27.2015

Austria’s Erste Group Bank (EBS.RO), the owner of the largest Romanian bank, BCR, Friday reported a net loss of 1.44 billion euros for 2014, due to write-downs and charges in some of its largest more

02.27.2015

Romania’s largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), went back into red last year after it took a significant charge for non-performing loans. more

02.26.2015

Romanian insurer Allianz-Tiriac Asigurari underwrote 6.2% higher premiums on the year in 2014, to EUR222 million, according to data provided by German group Allianz. more

02.26.2015

Romania's leasing market grew 7% last year, to EUR1.32 billion, driven by a 14% growth on the auto segment, to EUR1 billion, while equipment leasing declined 11%, to EUR282 million, ALB Romania data more

02.26.2015

State-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) reported a preliminary turnover of RON1.9 billion (EUR428 million) in 2014, up 19% from RON1.6 billion a year before, more

02.19.2015

Romania’s state-run natural gas producer Romgaz (SNG.RO) Thursday reported a 44% growth in its 2014 net profit to 1.43 billion lei (EUR322 million), fueled by higher delivered quantities and more

02.19.2015

Romania’s largest company OMV Petrom (SNP.RO) turned to losses in the fourth quarter of 2014, due to the lower oil prices and the negative contribution of its power business. more

02.16.2015

Romanian oil refining company Rompetrol Rafinare (RRC.RO) Monday reported a net loss of $58.44 million for 2014, compared with $95.6 million in the previous year. more