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Romania’s Refineries Ended 2015 In The Black
The only three operational refineries left in Romania ended last year in the black and the last of them to announce results was Russian-held Petrotel Lukoil.
CEC Bank Ends 2015 With RON11M Net Profit
Romanian lender CEC Bank ended 2015 with a net profit of RON11 million, up nearly 43% against 2014, due to increased lending activity.
Vinalcool Arges Posted RON1.3M Profit In 2015
Vinalcool Arges Pitesti (VIAG.RO), producer of vinegar, wines and rubbing alcohol, reported a profit of RON1.3 million in 2015, ten times higher than the result obtained throughout 2015.
Gas Stations Generate More Revenue Than Drilling For OMV Petrom
OMV Petrom, the largest oil and gas group in Romania, went through a profound change of revenue structure last year, when its gas stations became the main revenue and profit generator, while...
CGS Sees RON50M Net Profit In 2015
Focus on more complex projects and expansion of presence to cities other investors avoid generated a rise in revenue and profit for the US-held outsourcing service provider Computer Generate...
Romania’s Banking System Sees Almost RON1.2B Profit In Q1
Romania’s banking sector posted 1.17 billion lei (EUR259 million) profit in the first quarter, while assets decreased to RON370.2 billion.
2015, Most Profitable Year For Furniture Maker Taparo
Furniture manufacturer Taparo, one of the top five furniture exporters in Romania, posted 9.2 million lei (EUR2 million) profit last year, six times higher than in 2014. This is its highest...
Albalact Profit Rose 2.5-Fold To RON8.5M In 1Q/2016
Romanian dairy manufacturer Albalact (ALBZ.RO) reported a profit of RON8.5 million in January-March 2016, 2.5-fold higher than RON3.5 million in the same period a year ago, according to the...
Zentiva Profit Soared 68% To RON12M In 1Q/2016
Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, reported a profit of RON12 million in January-March 2016, up 68% against the year-earlier period.