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Oltchim Records EUR6.1M Profit in 1H/2017
Romania's state-owned chemical plant Oltchim, insolvent since January 2013, on Thursday reported a profit of EUR6.1 million for the first six months of 2017 and a turnover of EUR100 million.
Bucharest Stock Exchange Posts Threefold Higher Profit, 43% Higher Revenue In 1H/2017
The Bucharest Stock Exchange (BSE) on Thursday said it registered a profit of RON5.15 million in the first half of 2017, nearly threefold higher than RON1.80 million posted in the year-earli...
Romanian Lender BCR Net Profit Halves in 1H/2017
Romania's largest lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, on Friday reported a net profit of RON305 million for the first six months of the year, less than half...
Energy Holding CE Oltenia Switches To RON260M Profit In Jan-May 2017 Vs RON20M Loss
Romanian state-run energy holding Complexul Energetic Oltenia posted a profit of RON260 million in January-May 2017, compared with a loss of RON20 million in the year-earlier period. The com...
Turbomecanica Posts RON6.8M Profit In 1H/2017
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) registered a profit of RON6.8 million in the first six months of 2017, higher than RON4.1 million in the year-earlier period, a...
ELCEN Reports RON165M Gross Profit in 1H 2017
State-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN), insolvent since October 2016, recorded a gross operating profit of RON165 million in the first six months...
Romania’s Banking System Most Profitable In Europe
The banks in Romania have become the most profitable in Europe, as the return on equity (ROE) reached 15.6% at the end of the first quarter, double the European average, statistics of the Eu...
Hidroelectrica, Most Profitable Company In Romania In 2016
Hidroelectrica, the crown jewel of Romania’s energy system in 2016 had the highest net income of all the companies in this country for the first time ever, beating Romgaz, another state-owne...
Musette 2016 Profit Doubles To RON9.8M, Turnover Up 21% To RON73.4M
Footwear manufacturer and retailer Musette doubled its profit in 2016, to RON9.8 million from RON5 million, and its turnover rose 21%, to RON73.4 million from RON60.6 million, according to F...