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Hidroelectrica Posts EUR1B Profit Between 2013 And 2016
Romania’s state-owned hydropower producer Hidroelectrica registered a profit of EUR1 billion between 2013 and 2016 and an annual EBITDA (earnings before interest, taxes, depreciation, and am...
Alro Group Posts RON71M Profit And RON2.3B Turnover In 2016
Alro group, which also includes aluminum smelter Alro Slatina, registered a net profit of RON71.5 million in 2016, compared with a loss of RON18,000 in 2015, while consolidated sales fell sl...
BRD-SocGen Expects Significant Profit Improvement, 4% Rise In Net Banking Income In 2017
BRD-SocGen, the third leading bank in Romania, expects net banking income to go up by 4% and seeks a significant improvement in profit in 2017, after having posted 728.3 million lei (EUR160...
Most Profitable Banks In Romania In 2016
Banca Transilvania kept its leading position by profits on the local banking market in 2016, followed by BCR and BRD-SocGen. Fourth leading bank by profit was ING Bank, while Raiffeisen and...
Electrica Plans To Pay Out Gross Dividend Of RON0.74/Share Of 2016 Profit
Romanian electricity distribution and supply company Electrica (EL.RO), 48.78% owned by the Romanian state, is considering paying out a gross dividend of RON0.74 per share of its 2016 profit...
Conpet Ploiesti Targets RON412M Revenue And RON68M Profit In 2017
State-run oil transporter Conpet Ploiesti (COTE.RO) targets revenue of RON412 million and a gross profit of RON83 million in 2017.
SIF Oltenia Proposes Two Options For Allocation Of 2016 Profit
Romanian regional investment fund SIF Oltenia (SIF 5.RO) proposed shareholders two options for the allocation of last year’s net profit: the payment of gross dividends of RON0.0815/share at...
27 Lenders In The Black And 10 In The Red In 2016
Almost three quarters of the lenders in Romania posted profit in 2016, an improvement on 2015, Romania’s central bank data show.
Banks In Romania See Second Highest Profits Since Start Of Crisis
Romania’s banking system posted 4.3 billion lei (EUR951.5 million) net profit in 2016, the second highest annual profit since the onset of the economic crisis.