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UniCredit Leasing Posts RON105M Profit In 2017
Banks-Insurance

UniCredit Leasing Posts RON105M Profit In 2017

UniCredit Leasing, the largest finance leasing company in Romania, posted 105.3 million lei (EUR23 million) net profit last year, about 80% higher than in 2016, Finance Ministry data show.

Loredana Frățilă-Cristescu · 15.06.2018 · 00:00 · 1 min
Coca-Cola Bottler Posts Highest Net Profit In Romania Ever
Companies

Coca-Cola Bottler Posts Highest Net Profit In Romania Ever

Coca-Cola HBC Romania, the largest soft drinks bottler in the country, saw its net profit rise 21% to 337.9 million lei (almost EUR74 million) last year, Finance Ministry data show.

Loredana Frățilă-Cristescu · 05.06.2018 · 09:00 · 1 min
Ubisoft Sees RON194M Revenue In Romania
Technology &Telecoms

Ubisoft Sees RON194M Revenue In Romania

French-held video games developer and publisher Ubisoft, one of the largest on the global market, posted growth of 15% in revenue to 193.6 million lei (EUR42.4 million) last year.

Loredana Frățilă-Cristescu · 30.05.2018 · 11:10 · 1 min
Dedeman Profit Nears RON1B
Retail&Consumer

Dedeman Profit Nears RON1B

Do-it-yourself retailer Dedeman, the largest entrepreneurial company in Romania, saw profit up by nearly 25% year-on-year in 2017. Last year’s profit stood at 889 million lei (some EUR193 mi...

Loredana Frățilă-Cristescu · 29.05.2018 · 09:37 · 1 min
Romanian Banking System Posts Record Profit In 1Q/2018, Of Over RON1.7B
Banks-Insurance

Romanian Banking System Posts Record Profit In 1Q/2018, Of Over RON1.7B

The Romanian banking system reported a net profit of nearly RON1.77 billion and the assets peaked to RON431.7 billion in the first quarter of 2018, driven by a rise in lending, according to...

Ecaterina Craciun · 25.05.2018 · 11:48 · 1 min
Major Banks Did Better Than Romania’s Economy In Q1
Banks-Insurance

Major Banks Did Better Than Romania’s Economy In Q1

The largest local banking groups posted 25% to more than 120% higher net profit in the first quarter compared with the year-ago period, while overall lending increased by 6% and the economic...

Loredana Frățilă-Cristescu · 21.05.2018 · 10:56 · 1 min
CEC Bank Posts Gross Profit of RON222.7M in 2017
Banks-Insurance

CEC Bank Posts Gross Profit of RON222.7M in 2017

Romanian state-owned lender CEC Bank on Monday reported a gross profit of RON222.7 million for 2017, its highest earnings in ten years.

Oana Gavrila · 14.05.2018 · 17:26 · 1 min
BCR Group Posts 15% Higher Profit, Of EUR42.4M, In 1Q/2018
Banks-Insurance

BCR Group Posts 15% Higher Profit, Of EUR42.4M, In 1Q/2018

Austria’s Erste Group, the majority shareholder of Romanian lender Banca Comerciala Romana (BCR), reported on Friday its financial results for the first quarter of 2018, including the result...

Ecaterina Craciun · 04.05.2018 · 14:05 · 1 min
Transgaz Proposes Hiking Dividends For FY 2017
Energy

Transgaz Proposes Hiking Dividends For FY 2017

The Romanian state proposes the granting of a gross dividend higher than the level proposed by the Executive Board of natural gas transmission company Transgaz (TGN.RO).

Ecaterina Craciun · 18.04.2018 · 09:35 · 2 min