Capital Market
Rompetrol Rafinare Posts $14M Net Loss in 1Q/2019
Rompetrol Rafinare, part of KMG International, on Wednesday reported a net loss of $14 million for the first quarter, compared with a net loss of $3.7 million in the first quarter of 2018.
Zentiva Net Profit Nearly Triples in 1Q, To RON32.5M
Generics manufacturer Zentiva on Wednesday reported a net profit of RON32.5 million for the first quarter, nearly triple compared with the RON12 million net profit posted in the same period...
Sphera Franchise Group 1Q Sales Grow 26%, Profit Slumps 90%
Sphera Franchise Group, which manages over 100 restaurants under the KFC, Pizza Hut and Taco Bell brands, said Wednesday its consolidated sales grew 26% in the first quarter, to RON214.7 mil...
MedLife Turnover Grows 8% in 1Q, Switches to RON1M Loss
MedLife, the leading private healthcare provider in Romania, on Wednesday reported a turnover of RON112.6 million for the first quarter, up 8% on the year, and a loss of RON1 million, compar...
Transelectrica Net Profit Drops 44% in 1Q, to RON38M
Romanian state-run power grid operator Transelectrica (TEL.RO) on Wednesday reported total revenues of RON648 million for the first quarter, down 5% on the year, and a net profit of RON38 mi...
Romgaz 1Q Net Profit Grows 16.2%, to RON541.9M
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Wednesday reported a net profit of RON541.9 million for the first quarter of 2019, up 16.26% compared with the same period la...
Electrica Switches to RON41M Loss in 1Q/2019
Romanian state-owned energy utility group Electrica (EL.RO) on Wednesday reported a net loss of RON41 million for the first quarter, compared with a net profit of RON59M in the same period l...
Turbomecanica Net Profit Nearly Doubles To RON3.4M In 1Q/2019
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) on Tuesday said it registered revenue of RON18 million in the first quarter of 2019, compared to RON17.5 million in the year-ea...
Alro Slatina Posts RON9M Loss, RON767M Turnover YoY In 1Q/2019
Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum producers in Europe, on Tuesday said it registered a loss of RON9 million in January-March 2019, compared to a net re...