02.11.2014

The Bucharest Stock Exchange (BVB.RO) reported a preliminary net profit of 10 million lei (EUR2.1 million) in 2013, up 10.9% from RON9 million in the previous year, the market operator said Tuesday. more

02.11.2014

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Tuesday reported a preliminary net profit of 28.8 million lei (EUR6.4 million), up 6.3% on the year, mainly due to a higher operating profit. more

02.06.2014

Romanian insurer Carpatica Asig Thursday said it underwrote premiums of 481.7 million lei (EUR108.1 million) in 2013, up 61% on the year, due to an increase in the number of clients, from over 950,000 more

02.05.2014

South-African investment fund New Europe Property Investment (NEP.RO) on Wednesday said its net profit attributable to stockholders rose 73.5% to EUR57.46 million in 2013, from EUR33.1 million a year more

02.04.2014

Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, reported a loss of EUR5.9 million in 2013, sharply narrower on the year, helped by higher income and declining more

02.03.2014

Slovak dairy producer Koliba expects sales of EUR5.5 million on the Romanian market in 2014, up 57% from EUR3.5 million in 2013. more

01.30.2014

Romanian leading oil and gas company OMV Petrom (SNP.RO) reported 6% lower gas sales volumes in the fourth quarter of 2013, compared with the same period a year earlier, due to weak demand from the more

01.29.2014

Shopping center operator Cocor Bucuresti (COCR.RO) on Wednesday said it has swung to a pretax profit of 13.8 million lei (EUR3.1 million) in 2013, versus losses a year earlier, helped by higher more

01.29.2014

Austria’s Vienna Insurance Group (VIG) registered an 18.5% decline in gross premiums underwritten in Romania in 2013, to EUR373.9 million, mainly due to car insurance, according to the group's more

01.28.2014

Romanian private healthcare provider Gral Medical targets 20% higher revenues in 2014, despite the contracting of the medical service market, the company said in a statement Tuesday. more

01.27.2014

Statkraft Romania, owned by Norwegian energy group Statkraft, reported last year sales of 58 million lei (EUR13.1 million) from electricity trading, down 24.6% compared with RON77 million a year more

01.24.2014

Romanian leading bank BCR, a unit of Austria’s Erste Group Bank AG (EBS.RO), reported a net profit of around 370 million lei (EUR81.7 million) in 2013, sources at the bank said Friday. more

01.23.2014

Romanian commercial banks reported an aggregate net profit of 497 million lei (EUR109.7 million) in 2013, versus losses a year-earlier, as more than half of the active lenders ended the fiscal year in more

01.23.2014

The Bucharest National Airport Company (CNAB) reported last year a gross profit of 78 million lei (EUR17.3 million), threefold higher than forecasted, the company said in a release Thursday. more

01.16.2014

Romanian state-run lender CEC Bank reported a pretax profit of some 65 million lei (EUR14.36 million) in 2013, almost double on the year, government sources said Wednesday. more

01.14.2014

Romanian regional investment fund SIF Oltenia (SIF5.RO) reported last year a profit of RON130 million (EUR29.4 million), up 47% compared with RON88.4 million in 2012, mainly due to the sale of several more

12.17.2013

Logistics and transport firm Wim Bosman Romania reported turnover of EUR8 million in the first nine months of 2013, up 20% from the same period in 2012, and expects its turnover to exceed EUR10 more

12.16.2013

Romanian state-owned railway passenger company CFR Calatori estimates loss of 395 million lei (EUR88.6 million) this year, 2.5-fold lower than the RON992 million loss incurred in 2012. more

12.13.2013

Romanian investment fund Fondul Proprietatea Friday reported a net profit of 544.64 million lei (EUR123.6 million) in the first 11 months of 2013, down 4.35% on the year. more

12.12.2013

Vivre, the largest online deco home furnishing retailer in Romania, expects turnover of EUR7 million this year and will expand in Croatia in 2014. more

12.11.2013

FAN Courier, the largest Romanian-held company on the courier market, expects turnover of 275 million lei (EUR61.7 million) in 2013, up 13.7% on the year. more

12.03.2013

Tiriac Leasing, part of Tiriac group, Tuesday announced it had granted financing worth a total EUR31 million, of which 95% targeted new and used cars, in the first nine months of 2013, up 10% from the more

11.29.2013

Greek bank group Eurobank, owner of Bancpost, registered loss of EUR18.2 million in Romania in the first nine months of 2013, down 33.6% on the year, the financial institution said Friday. more

11.29.2013

Greek lender Alpha Bank Friday said its pretax loss in Romania narrowed 34.4% to EUR10.3 million in the first nine months, largely due to fewer provisions for bad loans. more

11.28.2013

Insurer Generali Romania underwrote premiums of 333.8 million lei (EUR75.2 million) in the first nine months of 2013, down 8% on the year, due to lower revenues on the general insurance segment. more