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Romania Banking Sector Boasts Record High RON3.4B Profit in 1Q/2023
Net profit at the level of the Romanian banking system at the end of the first quarter of 203 hit a new record high, of almost RON3.4 billion, up around 70% from the gain reported for 1Q/202...
Borsec Revenue Up 9% To RON948M In 2022
Romaqua Group, the largest Romanian-held beverage business, ended 2022 with more than RON948 million (more than EUR192 million) revenue, an increase of almost 9% year-on-year, Finance Minist...
Huf Romania Returns To Profit And Sees Revenue Up In 2022
Car access and authorization systems manufacturer Huf Romania, part of Germany’s Huf Group, posted about RON505.8 million (EUR102.5 million) revenue in 2022, a 53% increase year-on-year, ZF...
Remedia Sees 10% Growth In Revenue To RON136M In Q1
Remedia Group (RMAH.RO), which has pharmaceutical wholesale and retail operations and sells robots to pharmacies, posted RON136 million revenue in first quarter of 2023, an increase of 10% o...
Vard Tulcea Shipyard Ends 2022 With RON1.2B Revenue
Vard Tulcea shipyard, one of the largest shipbuilders in Romania and the biggest employer in Tulcea County, ended last year with RON1.2 billion revenue, flat on 2021 and made profit instead...
Carbochim Posts RON117M Net Profit In Q1 Following Sale Of Assets
Carbochim Cluj-Napoca (CBC.RO), the largest professional abrasives manufacturer in Romania, posted RON116.8 million net profit in the first quarter of 2023, up from the mere RON1.04 million...
Transelectrica Net Profit Reaches RON80M In Jan-March 2023
National grid company Transelectrica (TEL.RO) ended the first quarter of 2023 with RON80 million net profit, ten times the net profit of the first quarter of 2022, while operating revenue re...
Maspex Romania Overshoots RON1B Revenue Mark In 2022
Maspex Romania, one of the largest actors on the non-alcoholic ready to drink beverage market, as well as on the pasta market in Romania, posted more than RON1 billion (EUR207.8 million) rev...
SIF Muntenia Posts RON21.4M Net Profit In Q1
Financial investment company SIF Muntenia (SIF4.RO) announced RON21.4 million net profit in the first quarter of 2023, compared with a net loss of RON53.7 million in the year-ago period, in...