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IPROEB Bistrita Posts 63.6% Higher Net Profit In 9M 2024
Capital Market

IPROEB Bistrita Posts 63.6% Higher Net Profit In 9M 2024

IPROEB Bistrita (IPRU.RO), Romania's leading manufacturer of cables and conductors, posted a net profit of RON18 million in the first nine months of 2024, up 63.63% compared with the year-ag...

Loredana Frățilă-Cristescu · 28.11.2024 · 22:14 · 1 min
Farm Input Supplier Agrotex Revenue And Net Profit Down In 2023
Companies

Farm Input Supplier Agrotex Revenue And Net Profit Down In 2023

Agrotex, a farm input supplier based in Carei, Satu Mare County, acquired by Swiss group Ameropa earlier this year, posted RON646.7 million (EUR130.7 million) revenue in 2023, down by about...

Loredana Frățilă-Cristescu · 25.11.2024 · 22:38 · 1 min
Furniture Maker Ecolor Net Profit Shrinks 52% To RON19.6M In 2023
Companies

Furniture Maker Ecolor Net Profit Shrinks 52% To RON19.6M In 2023

Furniture manufacturer Ecolor, the local subsidiary of Sweden’s Gyllensvaans Möbler, posted RON460.6 million (EUR93.1 million) revenue in 2023, down about 19% from the previous year’s RON568...

Loredana Frățilă-Cristescu · 25.11.2024 · 22:14 · 1 min
Romania Banking System Boasts Record High RON11.5B Net Profit in 9M 2024
Banks-Insurance

Romania Banking System Boasts Record High RON11.5B Net Profit in 9M 2024

The still high interest rates and continued lending aided Romania banking sector generate an RON11.5 billion record high net profit in the first nine months of 2024, up around 10% from the g...

Claudia Medrega · 21.11.2024 · 09:51 · 1 min
Switzerland’s Cicor Sees EUR87M Revenue From Electronic Component Maker Systronics In 2023
Companies

Switzerland’s Cicor Sees EUR87M Revenue From Electronic Component Maker Systronics In 2023

Arad-based electronic components manufacturer Systronics, held by Swiss group Cicor, posted RON431.3 million (EUR87.2 million) revenue in 2023, down slightly from the previous year’s RON435....

Loredana Frățilă-Cristescu · 19.11.2024 · 22:08 · 1 min
tbi bank Posts EUR38M Net Profit In 9M 2024
Banks-Insurance

tbi bank Posts EUR38M Net Profit In 9M 2024

tbi bank, which operates on several markets including Romania, ended the first nine months of 2024 with EUR38 million net profit, 34% higher than in the year-ago period, and operating income...

Loredana Frățilă-Cristescu · 19.11.2024 · 18:50 · 1 min
Fondul Proprietatea Makes RON210M Net Profit In Jan-Sep 2024
Capital Market

Fondul Proprietatea Makes RON210M Net Profit In Jan-Sep 2024

Fondul Proprietatea (FP.RO) ended the first nine months of 2024 with RON209.6 million net profit, compared with a loss of RON968.9 million in the year-ago period. Gross dividend income stood...

Loredana Frățilă-Cristescu · 15.11.2024 · 19:09 · 1 min
Compa Sibiu Profit Halves To RON5M, Revenue Down 20% In 9M 2024
Capital Market

Compa Sibiu Profit Halves To RON5M, Revenue Down 20% In 9M 2024

Auto parts maker Compa Sibiu (CMP.RO) posted net profit of just over RON5 million in January-September 2024, down to half of the year-ago period’s level.

Loredana Frățilă-Cristescu · 15.11.2024 · 18:43 · 1 min
THR Marea Neagra Posts RON9.1M Net Profit, RON23M Revenue In 9M 2024
Capital Market

THR Marea Neagra Posts RON9.1M Net Profit, RON23M Revenue In 9M 2024

THR Marea Neagra (EFO.RO), which manages several hotels on the Romanian Black Sea coast, posted RON9.1 million net profit in the first nine months of 2024, half as much as in the year-ago pe...

Loredana Frățilă-Cristescu · 15.11.2024 · 18:33 · 1 min