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Builder CON-A Revenue up to EUR115M in 2021
Companies

Builder CON-A Revenue up to EUR115M in 2021

Construction company CON-A in Sibiu posted EUR115 million revenue in 2021, an increase of about 16% compared with the previous year, according to ZF calculations based on data provided by th...

Loredana Frățilă-Cristescu · 03.02.2022 · 20:07 · 1 min
Antibiotice Iasi Eyes RON448M Revenues and RON32M Net Profit in 2022
Companies

Antibiotice Iasi Eyes RON448M Revenues and RON32M Net Profit in 2022

Antibiotice Iasi (ATB.RO), the biggest local Romanian-held drug producer, projects total revenues worth RON448 million in 2022, up 15% on the year and net profit of RON32 million, 6% higher...

Georgiana Mihalache · 31.01.2022 · 10:00 · 1 min
BCR 2022 Budget: 7.7% Higher Revenues, around 11% Lending and Profit Growth
Banks-Insurance

BCR 2022 Budget: 7.7% Higher Revenues, around 11% Lending and Profit Growth

BCR, the second biggest bank in Romania by assets, expects operating revenues, profit and assets to increase in 2022, amid stronger lending.

Claudia Medrega · 20.01.2022 · 10:05 · 1 min
Seven Of Ten Largest Insurance Companies In Romania Report Profit For 2020
Banks-Insurance

Seven Of Ten Largest Insurance Companies In Romania Report Profit For 2020

Seven of ten biggest insurance companies in Romania registered profit in 2020, per finance ministry data. The most profitable insurer was Allianz-Tiriac, reporting profit of RON138 million,...

Ecaterina Craciun · 02.12.2021 · 13:16 · 1 min
Alpha Bank Posts EUR20M Pre-Tax Profit in Jan-Sep
Banks-Insurance

Alpha Bank Posts EUR20M Pre-Tax Profit in Jan-Sep

Alpha Bank, a top ten lender in Romania by assets, posted pre-tax profit of EUR20 million in the first nine months, more than in the year-ago period.

Loredana Frățilă-Cristescu · 01.12.2021 · 16:41 · 1 min
Most Profitable Large Banks in Romania in Jan-Sept 2021: Top 3 Banks Hit RON3.5B Cumulated Profit
Banks-Insurance

Most Profitable Large Banks in Romania in Jan-Sept 2021: Top 3 Banks Hit RON3.5B Cumulated Profit

Most large banks reported rising profits in the first nine months of 2021 compared with the same period of 2020 amid the waning fallout of the coronavirus crisis and the declining risk charg...

Claudia Medrega · 01.12.2021 · 10:19 · 1 min
Romania Banking System Hits Record Profit Of RON6.4B In Jan-Sept 2021, Up 36% YoY
Banks-Insurance

Romania Banking System Hits Record Profit Of RON6.4B In Jan-Sept 2021, Up 36% YoY

The net profit generated by the entire Romanian banking system at the end of the first nine months of 2021 reached a record high of around RON6.4 billion despite the pandemic, up over 36% fr...

Claudia Medrega · 23.11.2021 · 10:44 · 1 min
Electroarges Posts RON600,000 Profit in Jan-Sep
Capital Market

Electroarges Posts RON600,000 Profit in Jan-Sep

Home appliances manufacturer Electroarges (ELGS.RO) recorded net profit of about RON603,000 in the first nine months of the year, compared with RON4.9 million loss of in the same period in 2...

Loredana Frățilă-Cristescu · 19.11.2021 · 00:00 · 1 min
Patria Bank Hits RON7.2M Net Profit in Jan-Sept 2021, Up 20% from Year-Earlier Period
Banks-Insurance

Patria Bank Hits RON7.2M Net Profit in Jan-Sept 2021, Up 20% from Year-Earlier Period

Patria Bank ended the first nine months of 2021 with net profit worth RON7.2 million, up 20% from the same period of 2020, mainly supported by the favorable trend of operating revenues and t...

Roxana Dumitru Rosu - Mediafax · 16.11.2021 · 10:53 · 1 min