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Romgaz Ends H1 with RON1.7B Net Profit
Capital Market

Romgaz Ends H1 with RON1.7B Net Profit

Romgaz (SNG.RO), a state-owned natural gas producer and supplier, posted RON1.7 billion net profit in the first half of 2022, an increase of 127% on the year-ago period. Revenue, on the othe...

Loredana Frățilă-Cristescu · 12.08.2022 · 14:39 · 1 min
Nuclearelecrica’s Net Profit More Than Triples to RON1.2B in H1
Capital Market

Nuclearelecrica’s Net Profit More Than Triples to RON1.2B in H1

Nuclearelectrica (SNN.RO), Romania's only nuclear power producer, ended the first half of 2021 with a net profit of RON1.2 billion, up 216% year-on-year, while revenue increased 127% to RON3...

Loredana Frățilă-Cristescu · 12.08.2022 · 13:33 · 1 min
Bakery Producer Pambac Doubles Profit to RON27.5M in 2021
Companies

Bakery Producer Pambac Doubles Profit to RON27.5M in 2021

Romanian-held bakery producer Pambac posted more than RON263 million (EUR53.5 million) revenue in 2021, up 22.6% compared with the previous year’s RON214.5 million (EUR44.3 million), accordi...

Loredana Frățilă-Cristescu · 11.08.2022 · 00:00 · 1 min
Transilvania Broker de Asigurare Posts RON7.8M Net Profit in H1
Capital Market

Transilvania Broker de Asigurare Posts RON7.8M Net Profit in H1

Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokerage companies in Romania, ended the first half of 2022 with RON7.76 milion net profit, an increase of 130.3% on...

Loredana Frățilă-Cristescu · 10.08.2022 · 13:47 · 1 min
Alpha Bank Romania 1H/2022 Gross Profit Spikes 71% To EUR18.2M From Year-Earlier Period
Banks-Insurance

Alpha Bank Romania 1H/2022 Gross Profit Spikes 71% To EUR18.2M From Year-Earlier Period

Alpha Bank, among the ten largest banks by assets on the Romanian market, in the first half of this year posted EUR18.2 million gross profit, up 71.6% from the 1H/2021 level.

Cristina Bellu · 03.08.2022 · 12:29 · 1 min
BRD 1H/2022 Total Net Banking Income Hits RON1.6B, Up 9% Vs 1H/2021
Banks-Insurance

BRD 1H/2022 Total Net Banking Income Hits RON1.6B, Up 9% Vs 1H/2021

BRD for the first half of this year reported total net banking income of RON1.6 billion, up 9%, and operating expenses of RON806 million, 5.1% above the 1H/2021 level.

Roxana Dumitru Rosu - Mediafax · 03.08.2022 · 10:11 · 3 min
Raiffeisen Bank Ends 1H/2022 with RON602M Net Profit, Up 50% YOY
Banks-Insurance

Raiffeisen Bank Ends 1H/2022 with RON602M Net Profit, Up 50% YOY

Raiffeisen Bank generated net profit worth RON602 million in the first half of 2022, up 50% from the year-earlier period, on soaring lending and a significantly improved risk profile.

Cristina Bellu · 02.08.2022 · 10:50 · 1 min
Carmeuse Posts RON230.5M Revenue and RON26M Profit in Romania in 2021
Companies

Carmeuse Posts RON230.5M Revenue and RON26M Profit in Romania in 2021

Belgium’s Carmeuse Holding, which owns three factories producing lime on the local market, posted RON230.5 million(EUR46.8 million) revenue in 2021, up 13% from the previous year, according...

Loredana Frățilă-Cristescu · 25.07.2022 · 20:53 · 1 min
Electronic Component Maker Plexus  Returns to Profit in 2021
Companies

Electronic Component Maker Plexus Returns to Profit in 2021

Electronic component manufacturer Plexus Services Ro, the local subsidiary of the US Plexus Group, posted RON844.8 million (EUR171.7 million) revenue in 2021, 9% lower than the RON28.6 milli...

Loredana Frățilă-Cristescu · 12.07.2022 · 18:32 · 1 min