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Banca Transilvania Sees Profit Up 141% In H1
Banks-Insurance

Banca Transilvania Sees Profit Up 141% In H1

Banca Transilvania (TLV.RO), the third largest bank in Romania by assets, saw an almost 50% rise in operating income in the first half, largely because of the interest income and posted 458....

Loredana Frățilă-Cristescu · 15.08.2016 · 09:52 · 1 min
Bucharest Stock Exchange Group Posts RON1.8M Profit In 1H/2016
Capital Market

Bucharest Stock Exchange Group Posts RON1.8M Profit In 1H/2016

Bucharest Stock Exchange group (BVB.RO), which includes Bucharest Stock Exchange, Central Depository, Bucharest Compensation House and Investor Compensation Fund, reported a profit of RON1.8...

Gabriela Stan · 12.08.2016 · 12:25 · 1 min
Energy

Romanian Transelectrica 1H Profit Falls 32.6%

Romanian power grid operator Transelectrica (TEL.RO) Friday reported a net profit of RON142 million for the first half of the year, down 32.6% compared with the same period a year ago.

Oana Gavrila · 12.08.2016 · 12:22 · 1 min
Romanian Romgaz 1H Profit Falls Nearly 20% on Reduced Natural Gas Demand
Energy

Romanian Romgaz 1H Profit Falls Nearly 20% on Reduced Natural Gas Demand

Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Friday reported a 19.7% decline in net profit in the first half of the year compared with the same period a year ago, to RON6...

Oana Gavrila · 12.08.2016 · 11:52 · 1 min
Impact Developer&Contractor Profit Doubles To RON14M In 1H
Real Estate

Impact Developer&Contractor Profit Doubles To RON14M In 1H

Romanian real estate developer Impact Developer&Contractor (IMP.RO) doubled its profit to RON13.7 million in the first six months on the backdrop of higher two-room apartment sales triggered...

Gabriela Stan · 12.08.2016 · 11:34 · 1 min
Romanian Alro Slatina 1H Net Profit Falls to RON39M
Energy

Romanian Alro Slatina 1H Net Profit Falls to RON39M

Romanian aluminum smelter Alro Slatina (ALR.RO) on Friday reported a net profit of RON39 million for the first half of the year, down from RON68 million in the same period last year.

Oana Gavrila · 12.08.2016 · 11:01 · 1 min
OMV Petrom Profit Falls 83% in 2Q on Declining Oil Prices
Energy

OMV Petrom Profit Falls 83% in 2Q on Declining Oil Prices

Romania's largest company OMV Petrom (SNP.RO), majority owned by Austria's OMV, on Wednesday reported a net profit of RON117 million, down 83% compared with the same period last year, citing...

Oana Gavrila · 10.08.2016 · 11:04 · 1 min
Agricover Credit 1H Net Profit Surges 42% To RON14.6M
Banks-Insurance

Agricover Credit 1H Net Profit Surges 42% To RON14.6M

Agricover Credit IFN, the lending division of Agricover group, registered a net profit of RON14.6 million in the first half of 2016, up 42% compared with the same period a year ago.

Ecaterina Craciun · 09.08.2016 · 12:34 · 1 min
Banks-Insurance

Romanian BCR Posts RON636M Net Profit in 1H

Romania's largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), reported a net profit of 636 million lei (EUR141.5 million) in the first half of the year, due to an improved loan...

Oana Gavrila · 05.08.2016 · 11:19 · 2 min