Capital Market
Conpet Ploiesti Posts 7.2% Higher Turnover, Of RON304M, In January-September 2019
State-run oil transporter Conpet Ploiesti (COTE.RO) ended the first nine months of 2019 with a turnover of RON304.2 million, up 7.2% from the same period in 2018, and a net profit of RON50.0...
MedLife Group 9-Month Profit More Than Doubles YoY To RON5.7M
Private medical services group MedLife, controlled by the Marcu Family, on Thursday said it registered a profit of RON5.7 million in January-September 2019, up 134.6% compared to the same pe...
Digi Communications Group Posts 15.6% Higher Revenue, Of EUR874.6M, In Jan-Sept 2019
Digi Commu¬nica¬tions Group, leader on the cable television and fixed interest services market in Romania, with significant operations in Hungary and Spain, on Thursday said it registered to...
Nuclearelectrica Net Profit Grows 30% YoY To RON415M In Jan-Sept 2019
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Thursday said it ended the first nine months of 2019 with a net profit of RON415.9 million, up 29.6% on the year.
Transgaz 9-Month Net Profit Plunges 25% YoY To RON224M
Romania's natural gas transmission company Transgaz (TGN.RO) on Thursday said it ended the first nine months of 2019 with an operating income of RON1.08 billion, down 1% on the year, and a n...
Romgaz Turnover Up 10% To RON3.7B; Net Profit Up 19% To RON1.1B In Jan-Sept 2019
Romania's state-owned natural gas producer Romgaz (SNG.RO) on Thursday said it ended the first nine months of 2019 with a turnover of RON3.7 billion, up 10.1% year-over-year, and a net profi...
Banca Transilvania 9-Month Net Profit Soars 41% YoY To RON1.3B
Banca Transilvania Financial Group on Thursday said its consolidated net profit grew 26.4% on the year to RON1.56 billion in January-September 2019, reflecting growing business efficiency an...
Antitrust Body Looks into Wetterbest's Acquisition of Cortina WTB
Romania's antitrust body said Wednesday it was looking into the acquisition of local metallic tile producer Cortina WTB by Wetterbest, a roof system manufacturing company part of TeraPlast G...
Fondul Proprietatea Calls for RON1.25B Dividends from Hidroelectrica
Investment fund Fondul Proprietatea (FP.RO), which holds minority stakes in major state-owned companies, has called for hydropower company Hidroelectrica to distribute dividends totaling RON...