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Oechsler Sees EUR32M Revenue From Its Romanian Plant In 2023
Automotive

Oechsler Sees EUR32M Revenue From Its Romanian Plant In 2023

The manufacturer of plastic parts and subassemblies for the automotive industry Oechsler Romania, the local subsidiary of the German group Oechsler, posted RON158.2 million (about EUR32 mill...

Loredana Frățilă-Cristescu · 21.08.2024 · 23:26 · 1 min
Romania Banking System Rakes in Record High RON7.5B Profit in H1/2024
Banks-Insurance

Romania Banking System Rakes in Record High RON7.5B Profit in H1/2024

The still high interest rates and sustained lending helped Romania’s banking system reach a record high net profit f RON7.5 billion in the first half of 2024, up around 10% from H1/2023 one.

Claudia Medrega · 21.08.2024 · 09:46 · 1 min
HELL Energy Posts Higher Revenue, Lower Profit In 2023
Companies

HELL Energy Posts Higher Revenue, Lower Profit In 2023

HELL Energy, one of the biggest players in the energy drinks market, posted RON358.3 million (EUR72.4 million) revenue in 2023, up 12.4% from the RON318.7 million (EUR64.6 million) of 2022,...

Loredana Frățilă-Cristescu · 20.08.2024 · 23:44 · 1 min
Banca Transilvania Sees 42% Rise In Net Profit To RON1.8B In H1 2024
Banks-Insurance

Banca Transilvania Sees 42% Rise In Net Profit To RON1.8B In H1 2024

Banca Transilvania (TLV.RO), the largest lender in Romania, ended the first half of 2024 with a consolidated net profit of RON2.1 billion, up from the RON1.59 billion in the first half of 20...

Loredana Frățilă-Cristescu · 20.08.2024 · 23:06 · 1 min
Helbako Electronica Sees Revenue Up 27%, Net Profit Up 31% In 2023
Automotive

Helbako Electronica Sees Revenue Up 27%, Net Profit Up 31% In 2023

Helbako Electronica, the local subsidiary of Germany's Helbako GmbH, posted RON223.6 million (EUR45.2 million) revenue in 2023, up 27% from the previous year’s about RON176 million (EUR35.6...

Loredana Frățilă-Cristescu · 19.08.2024 · 22:40 · 1 min
Sipex Company Ends H1 With RON158M Revenue, Up 9%
Capital Market

Sipex Company Ends H1 With RON158M Revenue, Up 9%

Sipex Company (SPX.RO), a distributor of construction supplies, with 27 years in business, on Monday announced having ended the first half of 2024 with RON158 million revenue, an increase of...

Loredana Frățilă-Cristescu · 19.08.2024 · 17:55 · 1 min
Rompetrol Well Services Sees RON4.1M Net Profit, RON36.7M Revenue In H1 2024
Capital Market

Rompetrol Well Services Sees RON4.1M Net Profit, RON36.7M Revenue In H1 2024

Rompetrol Well Services S.A. (PTR.RO), one of the most important wellbore special services companies in Romania, announced it made RON4.13 million net profit in the first half of 2024, 36% l...

Loredana Frățilă-Cristescu · 14.08.2024 · 20:25 · 1 min
Evergent Investments Ends H1 With RON250M Net Profit, Three Times More Than Budgeted For Full Year
Capital Market

Evergent Investments Ends H1 With RON250M Net Profit, Three Times More Than Budgeted For Full Year

Alternative investment fund Evergent Investments (EVER.RO) recorded a net profit of RON250 million in the first half of 2024, 2.6 times higher than the budgeted level for the full year 2024.

Loredana Frățilă-Cristescu · 14.08.2024 · 20:11 · 1 min
Bucur Obor Posts RON7.7M Net Profit, RON18.2M Revenue In H1 2024
Capital Market

Bucur Obor Posts RON7.7M Net Profit, RON18.2M Revenue In H1 2024

Bucur Obor (BUCU.RO company, which manages the shopping center by the same name in Bucharest, made RON7.7 million net profit in the first half of 2024, an increase of 1.63% on the year-ago p...

Loredana Frățilă-Cristescu · 14.08.2024 · 18:03 · 1 min