02.16.2015

Romanian state-owned power grid operator Transelectrica (TEL.RO) reported an 85% higher net profit for 2014, following a significant rise in revenue, the company’s preliminary financial report more

02.16.2015

Pharmaceutical company Ropharma Brasov (RPH.RO) reported sales worth 418.2 million lei (EUR94.2 million) in 2014, up 2% from RON411.2 million a year earlier, the company said Monday. more

02.16.2015

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, reported a net profit of 41.6 million lei (EUR9.3 million) in 2014, up fourfold from RON11.8 million a year before. more

02.16.2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) reported revenue worth RON106.14 million (EUR23.9 million) in 2014, up 4.2% from RON101.83 million a year earlier. more

02.16.2015

Globalworth Real Estate Investments, controlled by Greek businessman Ioannis Papalekas, had a real estate portfolio of nearly EUR600 million in Romania, at the end of 2014, excluding the buildings more

02.16.2015

Romanian brick maker Cemacon (CEON.RO) reported a turnover of RON63.1 million in 2014, up 31% from RON48.3 million a year earlier, the company said Monday. more

02.16.2015

Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) reported a profit of 6.6 million lei (EUR1.48 million) in 2014, down from RON16.2 million a year earlier, the more

02.16.2015

Romanian aluminum smelter Alro Slatina (ALR.RO) posted a net loss of 92.6 million lei (EUR20.8 million) in 2014, mainly due to higher financial costs, according to the company’s preliminary report more

02.13.2015

Romanian drugmaker Zentiva Bucharest (SCD.RO) posted a preliminary net profit of 61.5 million lei (EUR13.8 million) for 2014, up 65.3% compared with the previous year, following a significant increase more

02.13.2015

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group KMG International, on Friday said its net profit halved to RON13.9 million (EUR3.1 million) in 2014, from RON27.6 more

02.13.2015

Cable TV and telecom operator UPC Romania posted a growth of 6% in revenues in 2014, to $173 million, on the backdrop of developing its Internet services and boosting its Internet user base. more

02.13.2015

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday said it switched to 170 million lei (EUR38.2 million) loss in 2014, from RON38.4 million profit a year before, after booking additional more

02.13.2015

Romanian lender Banca Transilvania (TLV.RO) Friday reported a 19.5% rise in its net profit for 2014, as increased lending activity led to a higher operating income. more

02.13.2015

Romanian state-owned natural gas transport company Transgaz (SNG.RO) Friday said its net profit rose 51.7%, to 507.4 million lei (EUR114.3 million) in 2014, from RON334.4 million a year earlier. more

02.12.2015

French group Renault, Europe’s third largest automaker, registered a net profit of EUR1.99 billion in 2014, up 1.3% from EUR695 million in 2013, due to an increase in sales volume in Europe fueled more

02.12.2015

BRD-Groupe Societe Generale (BRD.RO), the second largest bank in Romania, returned to profit in 2014, after a record loss in the previous year, mainly due to a significant drop in risk costs, more

02.11.2015

Romanian state-run passenger rail carrier CFR Calatori estimates revenue worth RON2.097 billion for 2015, down 10% from RON2.337 billion forecasted for last year, and a gross profit of RON3.1 million, more

02.10.2015

Raiffeisen Bank International (RBI) posted an after tax profit of EUR97 million in Romania in 2014, down 3% from EUR100 million a year earlier, due to lower provisions, the lender said in a more

02.09.2015

Romanian steel roof tile maker BILKA Steel, owned by businessman Horatiu Tepes, reported last year a turnover of over RON134 million, up 29% on the year, the company said Monday. more

02.05.2015

Monza Hospital, part of Italian group Policlinico di Monza, reported a turnover of EUR9.5 million in 2014, up over threefold on the year, and estimates the turnover will increase to EUR12 million this more

02.04.2015

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, reported last year revenue worth 631.5 million lei (EUR142 million), up 18.8% on the year, and a consolidated net more

02.03.2015

The cheaper crude oil will lead to better operating figures for Petromidia refinery, Romania’s biggest oil processing unit, says Catalin Dumitru, vice-president of KMG International, the former more

01.28.2015

Romanian state-owned railway freight carrier CFR Marfa targets revenue worth 877.1 million lei (EUR197.1 million) in 2015, down 21.5% from the level forecasted for 2014, and a gross profit of RON3 more

01.28.2015

Swedish home appliances manufacturer Electrolux on Wednesday said its sales in Romania fell 5.7% to SEK299 million (EUR32.2 million) in 2014, its worst year on the local market since 2001, the group more

01.28.2015

Datanet Systems on Wednesday said it registered a turnover of $23.7 million in 2014, up 3.4% on the year, due to an increase in the number of data and telephony infrastructure projects and to enhanced more