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BRD-Groupe Société Générale Posts Record Profit, Of RON1.54B, In 2018
Banks-Insurance

BRD-Groupe Société Générale Posts Record Profit, Of RON1.54B, In 2018

BRD - Groupe Société Générale, the third largest bank in Romania by assets, reported a net profit of RON1.54 billion in 2018, up 12% compared with RON1.38 billion in 2017, according to preli...

Ecaterina Craciun · 07.02.2019 · 11:04 · 1 min
Patria Bank Reduces Loss By 25% On Year To RON19.9M In Jan-Sept 2018
Banks-Insurance

Patria Bank Reduces Loss By 25% On Year To RON19.9M In Jan-Sept 2018

Patria Bank, held by investment fund Axxess Capital controlled by Horia Manda, on Friday said it reduced its loss by 25% year-on-year in January-September 2018, to RON19.9 million.

Ecaterina Craciun · 16.11.2018 · 10:32 · 1 min
Electrica Group Net Profit Soars 231.6% On Year To RON315M In Jan-Sept 2018
Companies

Electrica Group Net Profit Soars 231.6% On Year To RON315M In Jan-Sept 2018

Romanian energy utility group Electrica (EL.RO) on Thursday said its consolidated net profit soared by 231.6% (or by RON220 million), year-on-year to RON315 million in the first nine months...

Ecaterina Craciun · 15.11.2018 · 14:04 · 1 min
Romgaz Turnover Up 6.3% To RON3.4B, Net Profit Down 14% To RON1.02B In Jan-Sept 2018
Companies

Romgaz Turnover Up 6.3% To RON3.4B, Net Profit Down 14% To RON1.02B In Jan-Sept 2018

Romgaz Medias, one of the largest natural gas producers and suppliers in Romania, on Thursday said its turnover grew 6.3% to RON3.4 billion and its net profit fell 14% to RON1.02 billion yea...

Ecaterina Craciun · 15.11.2018 · 12:35 · 2 min
Sphera Franchise Group 9-Month Consolidated Sales Grow 23% To RON551M
Companies

Sphera Franchise Group 9-Month Consolidated Sales Grow 23% To RON551M

Sphera Franchise Group, which manages over 100 restaurants under the KFC, Pizza Hut and Taco Bell brands, on Thursday said it registered consolidated sales of RON551.6 million in January-Sep...

Ecaterina Craciun · 15.11.2018 · 11:35 · 1 min
SIF Oltenia Revenue Up 70% On Year To RON102.9M In Jan-Sept 2018
Capital Market

SIF Oltenia Revenue Up 70% On Year To RON102.9M In Jan-Sept 2018

Romanian regional investment fund SIF Oltenia (SIF5.RO) on Wednesday said its total revenue surged 70% year-on-year to RON102.9 million in the first nine months of 2018.

Ecaterina Craciun · 14.11.2018 · 13:06 · 1 min
Digi Communications Posts 8.7% Higher Revenue, Of EUR176M, For Its Romanian Operations In 3Q/2018
Companies

Digi Communications Posts 8.7% Higher Revenue, Of EUR176M, For Its Romanian Operations In 3Q/2018

Digi Communications (Digi.RO) on Wednesday reported revenue of EUR176 million for its Romanian operations, in the third quarter of 2018, up 8.7% compared with the same period in 2017.

Ecaterina Craciun · 14.11.2018 · 12:51 · 1 min
Comelf 9-Month Revenue Down 17% To RON114M, Net Profit Down 42% To RON2.03M
Companies

Comelf 9-Month Revenue Down 17% To RON114M, Net Profit Down 42% To RON2.03M

Romanian industrial equipment maker Comelf Bistrita (CMF.RO), part of Uzinsider Group, on Wednesday said its operating revenue fell 17% year-on-year to RON114 million in the first nine month...

Ecaterina Craciun · 14.11.2018 · 12:22 · 1 min
ING Bank Romania 9-Month Net Profit Soars 66% To RON529M
Banks-Insurance

ING Bank Romania 9-Month Net Profit Soars 66% To RON529M

ING Bank Romania on Tuesday said its net profit grew 65.8% year-on-year to RON529 million in January-September 2018.

Ecaterina Craciun · 13.11.2018 · 12:44 · 2 min