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NTT Data Romania’s Net Profit Down Again in 2021
Technology &Telecoms

NTT Data Romania’s Net Profit Down Again in 2021

Software services and solutions provider NTT Data Romania ended 2021 with more than RON425.8 million (EUR86.1 million) revenue, an increase of almost 15% on the previous year, the first year...

Loredana Frățilă-Cristescu · 05.07.2022 · 21:57 · 1 min
Broker Goldring Doubles Profit to RON1.5M in 2021
Capital Market

Broker Goldring Doubles Profit to RON1.5M in 2021

Goldring, one of the most active brokers in terms of flotations on the Bucharest Stock Exchange, ended 2021 with RON1.5 million net profit, an increase of 112.2% on 2020, while revenue went...

Loredana Frățilă-Cristescu · 30.06.2022 · 00:00 · 1 min
Automotive Part Maker VCST Back into the Black in 2021
Automotive

Automotive Part Maker VCST Back into the Black in 2021

Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgian group BMT, posted RON151.7 million revenue (EUR30.8 million) for 2021, up 24% from the prev...

Loredana Frățilă-Cristescu · 27.06.2022 · 21:50 · 1 min
Mobile Phone Wholesaler Gersim Posts RON40M Net Profit in 2021
Technology &Telecoms

Mobile Phone Wholesaler Gersim Posts RON40M Net Profit in 2021

Romania’s largest mobile phone and tablet wholesaler in Romania, Gersim Impex, posted almost RoN40 million net profit in 2021, 8% higher than in the previous year, Finance Ministry data show...

Loredana Frățilă-Cristescu · 14.06.2022 · 20:25 · 1 min
TBI Bank Ends Q1 with EUR10.2M Profit
Banks-Insurance

TBI Bank Ends Q1 with EUR10.2M Profit

TBI Bank, which has operations in Romania, Bulgaria, Germany and Lithuania, posted EUR10.2 million net profit in the first quarter of 2022, 40% higher than in the year-ago period.

Loredana Frățilă-Cristescu · 14.06.2022 · 14:12 · 1 min
Tire Maker Michelin Doubles Profit to RON29M in 2021
Companies

Tire Maker Michelin Doubles Profit to RON29M in 2021

Michelin Romania, part of the French Michelin Group, one of the world's largest tire manufacturers, posted more than RON4.21 billion (EUR856.3 million) revenue in 2021, up 32.4% from the pre...

Loredana Frățilă-Cristescu · 09.06.2022 · 21:47 · 1 min
Orange Ends 2021 with Almost RON600M Net Profit in Romania
Technology &Telecoms

Orange Ends 2021 with Almost RON600M Net Profit in Romania

Romania’s telecom market leader Orange saw its net profit grow almost six times faster than its revenue in 2021, data on the Finance Ministry website show.

Loredana Frățilă-Cristescu · 06.06.2022 · 14:58 · 1 min
HeidelbergCement Profit in Romania Halves in 2021
Companies

HeidelbergCement Profit in Romania Halves in 2021

HeidelbergCement Romania, the local subsidiary of Germany’s group by the same name ended 2021 with 1% rise in revenue to some RON1.3 billion.

Loredana Frățilă-Cristescu · 01.06.2022 · 17:26 · 1 min
BCR Asigurari de Viata Ends 2021 with RON30.7M Profit
Banks-Insurance

BCR Asigurari de Viata Ends 2021 with RON30.7M Profit

BCR Asigurari de Viata, part of Austria’s Vienna Insurance Group (VIG), ended 2021 with RON30.7 million profit, an increase of 2.7% on 2020 and intends to disburse RON24.8 million dividends...

Loredana Frățilă-Cristescu · 01.06.2022 · 14:21 · 1 min