04.23.2014

Austrian group Agrana estimates its turnover will drop to RON958 million in Romania in 2014, compared with RON1.18 billion a year earlier, the company stated. more

04.16.2014

Romania’s life and non-life (general) insurance underwritten premiums reached 1.39 billion lei (EUR0.31 billion) in the first two months of 2014, up 1.8% from the year-earlier period, according to more

04.15.2014

Romanian investment fund Fondul Proprietatea Tuesday reported a loss of roughly 79 million lei (EUR19 million) for the first quarter, sharply wider from RON5.57 million in the year-earlier period. more

04.15.2014

Romanian housing bank Raiffeisen Banca pentru Locuinţe (RBL) on Tuesday said its net profit tripled on the year to over 1.7 million lei (EUR0.38 million) in 2013, as revenues rose while costs more

04.11.2014

Romanian river navigation company Navrom Galati (COVG.RO) registered revenues of 272.1 million lei (EUR60.9 million) in 2013, up 6.5% on the year, and net profit of RON4.6 million, from RON588,000 a more

04.11.2014

Romanian regional investment fund SIF Moldova (SIF2.RO) on Friday said its first-quarter net profit rose to 135.8 million lei (EUR30.43 million), from RON20 million in the year-earlier period, largely more

04.11.2014

Auchan Romania registered sales of 4.6 billion lei (EUR1.03 billion) in 2013, excluding taxes, more than double the RON1.97 billion sales posted in 2012, following the integration of the 20 real more

04.10.2014

Austria’s Vienna Insurance Group Thursday said its loss before tax in Romania doubled to EUR98.7 million in 2013, from EUR44.9 million registered in 2012, after the group took "preventive measures" more

04.01.2014

Piraeus Bank Romania, a unit of Greece’s second-largest lender Piraeus Bank, reported a 16% increase in its assets to over EUR2 billion in 2013, the bank said in a statement Tuesday. more

03.31.2014

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) reported a net profit of 8.4 million lei (EUR1.9 million) in 2013, up 15% from RON7.3 million a year earlier, the company said in a statement. more

03.30.2014

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates a net profit of 96.9 million lei (EUR21.77 million) in 2014, down by over 50% compared with RON203.3 million a year earlier, more

03.28.2014

Discount store chain Penny Market and XXL Mega Discount in Romania registered 13.8% higher sales to over EUR500 million in 2013, from around RON2 billion (EUR448 million) in 2012, said German group more

03.28.2014

Italy’s lender Intesa Sanpaolo on Friday announced it will reassess its presence in Romania after posting losses of EUR37 million on the local market in 2013, almost 50% wider on the year. more

03.27.2014

Raiffeisen Bank International (RBI) reported profit after taxes of EUR100 million in Romania in 2013, up 15.8% from EUR86 million a year earlier, due to lower income taxes, according to the bank's more

03.26.2014

Romanian lender Banca Transilvania (TLV.RO) on Wednesday proposed increasing its share capital by 352.7 million lei (EUR78.9 million) to RON2.55 billion by incorporating part of the bank’s reserves. more

03.20.2014

Greek group Sarantis, owner of cosmetics producer Elmiplant, said Thursday it registered sales of EUR35.86 million in Romania in 2013, up 4.35% from EUR34.37 million in 2012. more

03.20.2014

ING Bank Romania Thursday said its pretax profit slid 7% on the year to 216 million lei (EUR48 million) in 2013, largely due to higher investment costs with technology and product development. more

03.20.2014

Austrian property investor Immofinanz Thursday said its rental revenues in Romania rose slightly to EUR36.2 million in the first nine months (May 1, 2013 -January 31, 2014) of the 2013/2014 fiscal more

03.19.2014

GTS Telecom Romania, part of GTS Central Europe, reported revenue worth EUR19.24 million in 2013, slightly down from EUR20 million a year earlier, and earnings before interest, taxes, depreciation, more

03.19.2014

Austrian group CA Immo Wednesday said its rental income in Romania fell slightly to EUR30.4 million in 2013, from EUR30.6 million a year before. more

03.18.2014

Romanian hotel operator Bucuresti Turism, which operates the Radisson hotel in Bucharest, switched to profit of 5.7 million lei (EUR1.25 million) in 2013 after posting loss every year since its more

03.13.2014

Romanian pharmaceuticals company Biofarm (BIO.RO) targets a net profit of 21.7 million lei (EUR4.8 million) for 2014, down 15% on the year, and RON128 million sales (EUR28.4 million), up 9% more

03.12.2014

Siniat Romania, a unit of Belgian industrial group Etex, reported a turnover of 100 million lei (EUR22.2 million) in 2013, slightly higher on the year, while the company estimates higher sales for the more

03.12.2014

Italy’s utility Enel Wednesday said its pretax earnings in Romania rose 25% on the year in 2013, fueled by higher electricity prices. more

03.12.2014

Real estate developer AFI Europe Wednesday reported net operating income of EUR28.7 million in 2013 from AFI Palace Cotroceni mall in Bucharest, up 6.5% on the year, while tenants’ sales rose 4.3% more