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Telekom Romania Group Posts Consolidated Revenue Of EUR226.5M, EBITDA Of EUR33.1M In 1Q/2018
The group of companies Telekom Romania on Wednesday said it registered consolidated revenue of EUR226.5 million in the first quarter of 2018, and adjusted earnings before interest, taxes, de...
H&M Profit Up, Headcount Down In Romania In 2017
H&M, the leader of the fashion retail market in Romania, posted 27.7 million lei (EUR5.94 million) net profit in 2017, 96.4% higher than the RON14.1 million in 2016, according to Finance Min...
OMV Petrom Posts RON958M Operating Result In 1Q/2018, Up 25% On Year
Romania's oil and gas company OMV Petrom (SNP.RO), controlled by Austria's OMV, on Thursday said its operating result, excluding special items, rose 25% on the year to RON958 million in the...
Transelectrica Posts RON47M Loss In 2017 Due To Tariff Decline And ANAF Taxation Decision
Romanian state-run power grid operator Transelectrica (TEL.RO) on Friday said it revised downwards its 2017 results and announced an accounting loss of RON47.9 million, compared to a net pro...
Pharmaceutical Firm Merck Posted 17% Higher Sales In Romania In 2017
Pharmaceutical firm Merck registered 17% higher sales in Romania in 2017, considering that stuff numbers rose 50% in the last 18 months.
Gral Medical 2017 Revenue Up 17% At RON123M
Private medical service operator Gral Medical on Monday said it registered revenue of RON123 million (EUR27 million) in 2017, up 17% on the year, and expects to keep its double-digit growth...
Electrica 2017 Net Profit Down 2.6% To RON258M
Romanian energy utility Electrica (EL.RO) registered a net profit of RON258 million in 2017, down 2.6% from 2016, and total operating income of RON5.777 billion, up 0.27% versus 2016.
Winemaker Purcari 2017 Revenue Up 38% To RON147M, Net Profit Up 37% To RON32M
Winemaker Purcari (WINE.RO), based on the Republic of Moldova, posted sales of RON147 million in 2017, up 38% on the year, and a net profit of RON32 million, up 37% from a year before, accor...
ING Bank Romania Posts 20% Consolidated Revenue Increase, To RON1.433B, In 2017
ING Bank Romania registered a consolidated increase in revenue of 20%, to RON1.433 billion, in 2017, and of 32% in its gross profit, to RON584 million, against the backdrop of developing its...