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Slavia Pharm Revenue Up 3% to RON38.8M in 2020
Bucharest-based pharmaceutical company Slavia Pharm posted a slight increase in revenue, 3%, to RON38.8 million in 2020, Finance Ministry data show.
Ranking Of Most Profitable Large Banks in Romania in 1H/2021: Top Three Banks Post RON2.2B Combined Profit
All large banks in Romania reported higher profits for 1H/2020 against the same period in 2020 amid weakening pandemic fallout and declining risk and provision costs, but also in the wake of...
Bearings Maker Timken Romania Sees Revenue Up 11.5% to RON492.6M in 2020
Bearings manufacturer Timken Romania, the local subsidiary of US’ Timken group, posted about RON492.6 million (EUR102.2 million) revenue in 2020, an increase of 11.5% year-on-year, ZF has ca...
Packaging Maker Promateris Posts 211% Higher Consolidated Net Profit in H1
Romanian industrial group Promateris (PPL.RO) posted RON84.74 million consolidated revenue in the first half, an increase of 60% on the year-ago period. Consolidated net profit stood at RON9...
Turbomecanica Revenue Drops 3% To RON52M, Net Profit Shrinks To RON863,128 1H/2021
Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, in the first six months of this year generated revenues of RON52 million, 3% lower than...
Central Bank: Romania’s Banking System Posts RON3.73B Profit In First Five Months Of 2021
Romania’s banking system reached a profit of RON3.732 billion at the end of the first five months of 2021, according to a presentation released by Cristian Popa, member of the Board of Direc...
Austrian-owned Uniqa Ends 1H/2021 with EUR3.7M Profit, EUR50.8M Underwritten Premiums in Romania
Uniqa Asigurari reported gross underwritten premiums worth EUR18.7 million, for the first half of this year, on the non-automotive insurance segment, up 3% from the same period of 2020, whil...
Freight Carrier Transport Trade Services Posts 45% Higher Profit in H1
Transport Trade Services (TTS.RO), the largest freight carrier on the Danube, on Monday announced it concluded the first half with RON27.3 net million profit, an increase of 44.4% on the yea...
Patria Bank’s Net Profit Rises 27% to RON6.05M in H1
Patria Bank (PBK.RO), a lender 83.2% held by Emerging Europe Accession Fund, posted RON6.05 million net profit in the first half, an increase of 27% on the year-ago period.