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Alpha Bank Posts EUR6.3M Profit In Romania In 1H/2016
Greek lender Alpha Bank registered a gross profit of EUR6.3 million in Romania in the first half of 2016, due to higher operating revenue and lower provision levels, according to data releas...
Idea Bank Switched To Profit In 1H, Doubled Loan Portfolio
Idea Bank switched to profit in the first half of the year, to RON7.1 million (EUR1.6 million) from a loss of around RON9 million in the same period last year, according to data released by...
Libra Internet Bank 1H Profit Doubles To RON25M
Libra Internet Bank reported a net profit of RON25 million in the first half of 2016, up 111% against the same period a year ago, and its assets rose 41% to RON2.86 billion.
Romanian Shipyard Santierul Naval 2 Mai Posts 30% Higher Profit In 1H/2016, Of RON264.000
Romanian state-owned company Santierul Naval 2 Mai (STNM.RO), partner of Korean group Daewoo within shipyard Santierul Naval Mangalia, reported a net profit of RON264,000 in the first half o...
Sintofarm Bucuresti Profit More Than Doubled In 1H/2016
Drugmaker Sintofarm Bucuresti (SINT.RO) reported a net profit of over RON78,000 in the first half of 2016, up 128% against the same period a year ago.
Romania’s Banking System Headed Towards Most Profitable Year Ever
Romania’s banking system posted about 2.4 billion lei (EUR537 million) net profit in the first half so the profit may come close or even be higher than in the last year of economic boom, 200...
Top Three Lenders Made RON1.5B Profit In H1
BCR, BRD-SocGen and Banca Transilvania, the three largest lenders in Romania, posted about 1.5 billion lei (EUR330 million) profit together in the first half, an increase of 50% on the year-...
Romanian Transgaz 1H Net Profit Down 12% on Year, to RON282M
Romanian natural gas transmission company Transgaz (TGN.RO) on Tuesday reported a 12% decline in net profit for the first half of the year, to RON282 million, on reduced demand for natural g...
Romanian Electrica 1H Profit Up 21%, to RON336M
Romanian electricity distribution and supply company Electrica (EL.RO) on Tuesday reported a net profit of RON336 million for the first half of the year, 21% higher than in the same period a...