Capital Market
Romgaz Shares On Upward Trend After Company Unveils Nearly RON15.7B Investment Program For Next 5 Years
Romania's state-owned natural gas producer Romgaz (SNG.RO) on Tuesday said its shares are on upward trend after it unveiled the development/investment strategy for the 2020-2025 period, wher...
Brewer Martens Galati Sees Revenue Down 12% in 2019
Martens (MABE.RO), a top ten brewer in Romania, ended 2019 with RON21.6 milion revenue, about 12% lower than in the previous year, Finance Ministry data show.
Patria Bank Posts RON2.4M Loss in 1Q/2020
Romanian lender Patria Bank (PBK.RO) on Monday reported a net loss of RON2.4 million for the first quarter of 2020, 6% wider than in the same period last years, citing Covid-19 impact and no...
Cemacon Turnover Falls 7% To RON29.6M, Net Profit Drops 20.1% To RON10.6M YoY In 1Q/2020
Romanian brick maker Cemacon (CEON.RO) on Friday said it ended the first quarter of 2020 with a net turnover of RON29.6 million, down 7% on the year, and a net profit of RON10.56 million, do...
IAR Brasov Net Profit Soars 50% To RON12.7M, Turnover Up 15.4% To Nearly RON100M YoY In 1Q/2020
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) on Friday said it ended the first quarter of 2020 with a net profit of RON12.7 million, up 50.7% on the year,...
MedLife Group Turnover Up 14% YoY To RON264M In 1Q/2020
MedLlife Group (M.RO), the leading private medical services operator in Romania, ended the first quarter of 2020 with a turnover of RON264.1 million, up 14.3% on the year, and a net profit h...
Transelectrica Net Profit Doubles YoY To RON77M In 1Q/2020
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said its net profit reached RON77 million in the first quarter of 2020, versus RON38 million in the year-earlier pe...
Romgaz Turnover Drops 17% To RON1.4B, Net Profit Grows 5.5% To RON527M YoY In 1Q/2020
Romania's state-owned natural gas producer Romgaz (SNG.RO) ended the first quarter of 2020 with a turnover of RON1.4 billion, down 17% on the year, and a net profit of RON572 million, up 5.5...
Digi Communications Revenue Up 11% To EUR313M, Loss Widens To EUR56M YoY In 1Q/2020
Telecommunications operator Digi Communications (DIGI.RO) reported revenue of EUR313 million in the first quarter of 2020, up 11% on the year, and loss of EUR56 million, compared with a loss...