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Oil Equipment Manufacturer Cameron Romania Doubles Profit to RON255M in 2018
Companies

Oil Equipment Manufacturer Cameron Romania Doubles Profit to RON255M in 2018

Cameron Romania, which makes oil industry equipment, posted 128% increase in net profit to 255 million lei (EUR54 million), Finance Ministry data show, and its net profit margin stood at 20%...

Loredana Frățilă-Cristescu · 23.07.2019 · 09:36 · 1 min
LaDorna Dairy Manufacturer Revenue up 25% in 2018
Companies

LaDorna Dairy Manufacturer Revenue up 25% in 2018

Dorna Lactate, the company that makes the LaDorna dairy brand and is part of the Lactalis group, ended 2018 with 237 million lei (EUR51 million) revenue, an increase of 25% on the previous y...

Loredana Frățilă-Cristescu · 17.07.2019 · 00:00 · 1 min
Four of Top Five Winemakers Posted Higher Profits in 2018
Analysis

Four of Top Five Winemakers Posted Higher Profits in 2018

Four of the top five winemakers in Romania posted higher profits in 2018 in one of the best years for the local wine production, ZF has found from the data in the 2019 ‘Cei mai mari jucatori...

Loredana Frățilă-Cristescu · 12.07.2019 · 00:00 · 1 min
Central Bank Reports 6.3-Fold Higher Profit In 2018, Of Nearly RON1.2B
Banks-Insurance

Central Bank Reports 6.3-Fold Higher Profit In 2018, Of Nearly RON1.2B

Romania’s central bank on Wednesday said it registered a profit of RON1.18 billion in 2018, 6.3-fold higher than in 2017, mostly due to the result obtained from foreign currency asset and li...

Ecaterina Craciun · 03.07.2019 · 15:56 · 1 min
Five Most Profitable Companies in Romania Posted RON9B Profit In 2018
Analysis

Five Most Profitable Companies in Romania Posted RON9B Profit In 2018

The most profitable companies in Romania last year posted almost 9 billion lei (almost EUR2 billion) net profit, ZF has found from Trade Register and ‘Cei mai mari jucatori din economie’ (Ke...

Loredana Frățilă-Cristescu · 27.06.2019 · 10:03 · 1 min
GTS Telecom 2018 Net Profit Grows 14% YoY To RON12M
Companies

GTS Telecom 2018 Net Profit Grows 14% YoY To RON12M

GTS Telecom, one of the largest providers of communication services for companies on the local market, reported a turnover of RON86.9 million (EUR18.7 million) in 2018, up 3% year-on-year, a...

Ecaterina Craciun · 25.06.2019 · 10:24 · 1 min
Romania’s Most Profitable Banks Account for 95% of Banking System Profit
Banks-Insurance

Romania’s Most Profitable Banks Account for 95% of Banking System Profit

BRD, Banca Transilvania and BCR are the top profit makers among banks in Romania in 2018. The ten most profitable banks also include two that are not among the top ten by assets: Eximbank an...

Loredana Frățilă-Cristescu · 25.06.2019 · 09:55 · 1 min
Romania’s Tallest Office Building Sky Tower Turns First Profit
Real Estate

Romania’s Tallest Office Building Sky Tower Turns First Profit

Sky Tower Building, the company that manages the Sky Tower office building near the Promenada Mall in Bucharest, posted profit in 2018 for the first time since opening. The revenue rose 8% t...

Loredana Frățilă-Cristescu · 21.06.2019 · 10:11 · 1 min
Unirea Shopping Center Switches to RON23M Profit in 2018
Retail&Consumer

Unirea Shopping Center Switches to RON23M Profit in 2018

Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, posted a profit of RON23.2 million in 2018, compared with a loss of RON34.8 million in 2017, afte...

Oana Gavrila · 18.06.2019 · 11:54 · 1 min