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Romania’s Banking System Posts EUR1B Profit In 2015
Romania’s banking sector stepped back into the black last year, when it posted about EUR1 billion profit, after the record losses of 2014, central bank data reveal.
Businesses With More Than 500 Employees Make 50% Of The Profit Of Companies In Romania
In 2000, the companies with more than 500 employees in Romania posted losses so serious they offset the profits made by the other types of companies. Things were different in 2014.
NEPI Profit Up 75.8% To EUR165.8M In 2015
South-African investment fund New Europe Property Investment (NEP.RO) on Tuesday said its net profit rose 75.8% on the year in 2015, to EUR165.825 million.
Bucharest Stock Exchange’s Net Profit Down 41% In 2015, To RON7M
The Bucharest Stock Exchange (BVB) ended 2015 with a net profit of RON7 million, down 41% against 2014, according to Ziarul Financiar.
Hidroelectrica Profit Stays Above RON1B
Hydropower producer Hidroelectrica, the most valuable state-owned company in Romania, managed to keep its gross profit above the one billion lei (EUR221 million) mark last year, despite a de...
Fondul Proprietatea Profit Down 22% To RON793M In January-November
Investment fund Fondul Proprietatea (FP.RO) reported a profit of RON793 million (EUR178.4 million) in January-November, down 21.6% from the record profit of RON1.01 billion posted in the sam...
Romgaz Revises 2015 Profit Estimate Down by One Third, to RON1B
Romania’s largest natural gas producer Romgaz (SNG.RO) has revised its estimated profit for this year to RON1 billion from RON1.5 billion expected according to the company budget approved in...
Electrica Net Profit Rises 27% in January-September
Romanian electricity distribution and supply company Electrica (EL.RO) Monday said its consolidated net profit for the first nine months grew 27% compared with the same period last year, on...
UniCredit Bank’s Consolidated Net Profit Up 14.3% In January-September, To RON183.6M
UniCredit Bank group registered a consolidated net profit, before minority interest, of RON183.6 million (EUR41.3 million), up 14.3% against the year-earlier period, while the bank’s individ...