01.27.2015

Austria’s Vienna Insurance Group (VIG) registered gross underwritten premiums of EUR355.5 million in Romania in 2014, down 4.9% from EUR373.9 million in 2013, mainly due to decline in the life more

01.20.2015

Romanian insolvent chemical company Oltchim SA (OLT.RO) registered a 25% higher turnover in 2014, of EUR141.19 million, largely due to higher exports and lower crude oil prices. more

01.16.2015

Insurer Euroins Romania underwrote premiums of EUR107.95 million in 2014, down 6.2% on the year, according to data released Friday by Bulgarian group Eurohold, which owns the Romanian insurer. more

01.13.2015

Car leasing company LeasePlan Romania on Tuesday said its turnover increased by 3% on the year in 2014, to EUR42.2 million, and its portfolio rose 15%. more

12.22.2014

BMF Grup, provider of facility and property management services to companies such as Inditex, H&M, NEPI or Immochan, estimates a 40% higher turnover for 2014, at EUR3.78 million. more

12.18.2014

Romanians benefited this year of around 25,000 state guarantees on mortgage loans under the First Home program and received total loans of EUR900 million. more

12.10.2014

Romanian low-cost airliner Blue Air expects a turnover of EUR160 million in 2015, 6% higher from EUR150 million estimated for this year, and estimates it will carry 1.6 million passengers in 2015, more

12.05.2014

Construction materials producer Elis Pavaje expects a turnover of EUR24 million in 2014, up 5% on the year, mainly supported by sales in the residential sector, and by big commercial and more

11.27.2014

British specialist payments company PayPoint reported a 14.1% increase in revenue at its Romanian unit to GBP15.48 million in the first fiscal semester ended September 30, mainly due to an increase in more

11.25.2014

Piraeus Bank Romania on Tuesday said its gross profit soared 88% to EUR6.8 million in the first nine months, from EUR3.6 million a year ago. more

11.21.2014

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) takes into account a 33% increase in net profit next year, to 20 million lei, after the solid figures it posted in the first nine more

11.20.2014

Raiffeisen Bank International (RBI) posted an after tax profit of EUR81 million in Romania in the first nine months, similar with the same period of 2013, as the effect of higher taxes on commissions more

11.19.2014

AFI Palace Cotroceni and Ploiesti shopping malls and the first two office buildings in AFI Park in Bucharest generated net operating income of over EUR27 million in the first nine months of 2014, were more

11.18.2014

Romanian state-run copper producer Cuprumin Abrud reported a gross profit of RON8.13 million in January-September, up 13% from RON7.2 million estimated for the entire year, due to higher production more

11.18.2014

Real estate developer GTC reported revenue of EUR2.8 million from renting its three shopping centers in Romania, up 7% on the year, due to a slight increase in the average rent and its decision to more

11.18.2014

Vienna Insurance Group (VIG) registered profit before tax of EUR2.6 million in Romania in January-September, versus a loss of EUR36.1 million in the same period in 2013, the company said in its more

11.14.2014

Romanian nuclear power producer Nuclearelectrica (SNN.RO) has seen its net profit fall 68% in the first nine months of the year due to lower energy prices and the tax on special constructions. more

11.14.2014

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) on Friday said its sales revenues were flat on the year at 217.2 million lei (EUR48.8 million) in January-September 2014. more

11.14.2014

Romania’s state-run power grid operator Transelectrica (TEL.RO) Friday reported a net profit of 303 million lei (EUR68.5 million) for the first nine months, a marked improvement from RON132 million more

11.14.2014

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) on Friday said it switched to loss in January-September 2014, posting a negative result of 37 million lei (EUR8.3 million), from a net more

11.14.2014

Romanian aluminum smelter Alro Slatina (ALR.RO), a subsidiary of Dutch-registered holding Vimetco, turned to losses in the first nine months, on lower international prices and energy costs, despite an more

11.14.2014

Pharmaceutical company Ropharma Brasov (RPH.RO) reported sales worth 306 million lei (EUR69.2 million) in the first nine months of the year, similar with the year-earlier period, while its profit rose more

11.14.2014

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) switched to a net profit of RON117,000 in January-September, from RON6.4 million loss in the same period a year earlier, the company said more

11.14.2014

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) reported a turnover of 120.83 million lei (EUR27.33 million) in the first nine months of the year, down 0.28% from RON121.17 more

11.14.2014

Romanian oil company Rompetrol Rafinare (RRC.RO) turned to profit in the third quarter, despite lower oil prices, on rising volume of products sold. more