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Romanian Lender BRD Posts RON73M Profit in 1Q
Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) Wednesday reported a net profit of RON73 million for the first quarter, lower than the RON85 million profit posted in the...
Omniasig 2015 Profit Nearly Doubled To RON29M
Omniasig, the largest general insurance company on the Romanian market, reported a profit of 29 million lei (EUR6.5 million) in 2015, nearly double compared to almost RON16 million in 2014.
Bancpost Posted RON19M Profit In 1Q/2016 Vs. RON25M In Same Period Of Last Year
Bancpost, the second largest Greek bank in Romania, reported a profit of RON19 million in the first quarter of 2016, compared with a profit of RON25 million in the year-earlier period, accor...
Terapia Sees RON98M Profit In 2015
Cluj-based pharmaceutical producer Terapia held by India’s Sun Pharma, posted 98.4 million lei (EUR22 million) net profit in 2015, an increase of 14% on 2014, according to the Finance Minist...
Romania’s Major Energy Companies Not Too Bullish About 2016
The largest companies in the oil, natural gas and electricity industry that are either listed on the Bucharest Stock Exchange or aspiring to believe, with a few exceptions, that they will en...
Banks’ Return To Profit Boosts SIF Dividend Income
The regional investment funds (SIF) will double their dividend income to 320 million lei (EUR71.6 million) this year because of Banca Transilvania (TLV.RO), BRD (BRD.RO) and Erste Bank (EBS....
BCR Leasing Posts RON26M Profit In 2015
BCR Leasing registered a profit of RON26 million and a market share of 9.4% in 2015.
Romgaz Expects RON1.3B Net Profit In 2016
Romgaz Medias (SNG.RO), the largest local natural gas producer, budgeted 12% higher net profit for 2016, 1.3 billion lei (EUR292 million), as it expects provision costs to drop.
Borza: Hidroelectrica Expects Gross Profit Of RON1.3B In 2016, Seen As Best Year Ever
Romania’s insolvent state-owned power producer Hidroelectrica might register a gross profit of RON1.3 billion in 2016, which would be the best result ever recorded by the company, compared w...