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Autonom Services Profit Shrinks 31% To RON12.2M In H1
Automotive

Autonom Services Profit Shrinks 31% To RON12.2M In H1

Autonom Services, the largest mobility network in Romania, held by brothers Marius and Dan Stefan, posted RON12.3 million net profit in January-June 2023, 31% below the same period last year...

Loredana Frățilă-Cristescu · 30.08.2023 · 21:34 · 1 min
Altur Slatina Posts RON75M Revenue And RON7.8M Net Profit in H1
Capital Market

Altur Slatina Posts RON75M Revenue And RON7.8M Net Profit in H1

Automotive component maker Altur Slatina (ALT.RO) posted RON75.3 million revenue in the first half, slightly up on the RON73.4 million in the year-ago period, while profit increased to RON7....

Loredana Frățilă-Cristescu · 29.08.2023 · 20:25 · 1 min
Turbomecanica Posts RON60M Revenue In H1
Capital Market

Turbomecanica Posts RON60M Revenue In H1

Turbomecanica (TBM.RO), a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, posted RON60 million revenue in the first half of 2023 compared with RON57.7 milli...

Loredana Frățilă-Cristescu · 25.08.2023 · 19:57 · 1 min
Germina Agribusiness Posts RON1.53M Profit In H1
Capital Market

Germina Agribusiness Posts RON1.53M Profit In H1

Seed producer and processor Germina Agribusiness Bucuresti (SEOM.RO) posted RON1.53 million net profit in the first half of 2023, up from only RON29,325 in the first half of 2022.

Loredana Frățilă-Cristescu · 25.08.2023 · 16:49 · 1 min
Pretzel Shop Chain Luca Operator Tinervis Group Sees Sales Up 75% In 2022
Retail&Consumer

Pretzel Shop Chain Luca Operator Tinervis Group Sees Sales Up 75% In 2022

Tinervis Group, the company that operates the Luca chain of pretzel shops, held by entrepreneurs George Adragai and Mircea Cosmin Postole, posted almost RON368 million (EUR74.6 million) sale...

Loredana Frățilă-Cristescu · 23.08.2023 · 21:05 · 1 min
Cocor Posts 11% Decline In Profit In H1
Capital Market

Cocor Posts 11% Decline In Profit In H1

Cocor (COCR.RO), the company that manages the shopping center by the same name in downtown Bucharest, posted RON993,546 net profit in the first half of 2023, down 11.1% on the year-ago perio...

Loredana Frățilă-Cristescu · 23.08.2023 · 16:57 · 1 min
Romania Banking System Boasts Record High RON7B Profit in 1H/2023, Up 40% from 1H/2022
Banks-Insurance

Romania Banking System Boasts Record High RON7B Profit in 1H/2023, Up 40% from 1H/2022

Net profit at the level of the Romanian banking system at the end of the first half of 2023 hit a record high of RON6.9 billion, up over 40% from the gain reported for 1H/2022.

Claudia Medrega · 23.08.2023 · 08:43 · 1 min
Moara Cibin Switches To Profit In H1
Capital Market

Moara Cibin Switches To Profit In H1

Bakery company Moara Cibin (MOIB.RO) held by Boromir, ended he first half of 2023 with RON2.7 million net profit, compared with a loss of RON184,700 in the year-ago period, on RON113.5 milli...

Loredana Frățilă-Cristescu · 22.08.2023 · 19:13 · 1 min
MAM Bricolaj Posts 3% Decline In Sales To RON26.9M In H1
Capital Market

MAM Bricolaj Posts 3% Decline In Sales To RON26.9M In H1

DIY retailer MAM Bricolaj (MAM.RO), which sells furniture materials and accessories, ended the first half of 2023 with RON200,409 net profit, a 60% decline compared with the first half of 20...

Loredana Frățilă-Cristescu · 22.08.2023 · 16:24 · 1 min