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Agricover Credit 1H Profit Up 27% To RON10.2M
Banks-Insurance

Agricover Credit 1H Profit Up 27% To RON10.2M

Agricover Credit IFN, the lending division of Agricover group, reported a net profit of RON10.22 million in the first six months, up 27% compared with the corresponding period a year earlier...

Gabriela Stan · 20.08.2015 · 12:01 · 1 min
Banks-Insurance

Raiffeisen Bank 1H Net Profit Up 6% To EUR48M

Raiffeisen Bank posted a net profit of EUR48 million in January-June, up 6% from EUR45 million in the same period the previous year, the lender said Wednesday.

Gabriela Stan · 19.08.2015 · 15:41 · 1 min
Banks-Insurance

Raiffeisen Bank International 1H After-Tax Profit In Romania Up 10% To EUR52M

Raiffeisen Bank International (RBI) posted an after tax profit of EUR52 million in Romania in the first six months of 2015, up 10.4% from EUR47 million in January-June 2014, the lender said...

Gabriela Stan · 19.08.2015 · 11:47 · 1 min
Hungarian Group Danubius Hotels Switches To Profit In Romania
Companies

Hungarian Group Danubius Hotels Switches To Profit In Romania

Hungarian group Danubius Hotels registered a pretax profit of 14 million forints (EUR46,000) in the first six months of 2015, from losses worth 107 million forints (EUR346,000) in the same p...

Gabriela Stan · 18.08.2015 · 14:11 · 1 min
Real Estate

AFI Europe Romania 1H Net Operating Income Up 8.4% At EUR20M

AFI Europe Romania registered net operating income of nearly EUR20 million in the first six months of 2015, up 8.4% on the year, the company said in a statement.

Gabriela Stan · 17.08.2015 · 16:31 · 1 min
Electrica 1H Net Profit Rises 30%
Energy

Electrica 1H Net Profit Rises 30%

Romanian electricity distribution and supply company Electrica (EL.RO) Friday said its net profit for the first half rose nearly 30% on the year on higher operating revenue and improved cost...

Bogdan Neagu · 14.08.2015 · 12:12 · 1 min
Romgaz 2Q Net Profit Down 22% On Low Gas Demand
Energy

Romgaz 2Q Net Profit Down 22% On Low Gas Demand

Romania’s largest natural gas producer Romgaz (SNG.RO) Friday reported a 22.5% drop in its second-quarter net profit due to a decline in domestic gas demand.

Bogdan Neagu · 14.08.2015 · 10:08 · 1 min
Allianz-Tiriac Asigurari Underwrote RON530M Gross Premiums In 1H, Up 7.3% On Year
Banks-Insurance

Allianz-Tiriac Asigurari Underwrote RON530M Gross Premiums In 1H, Up 7.3% On Year

Allianz-Tiriac Asigurari on Thursday said it underwrote gross premiums of RON530 million in January-June 2015, up 7.3% on the year, mainly due to increases on the non-auto segment.

Ecaterina Craciun · 13.08.2015 · 13:50 · 1 min
Biofarm Net Profit Up 2% to RON15M In First Half
Health

Biofarm Net Profit Up 2% to RON15M In First Half

Romanian pharmaceutical producer Biofarm (BIO.RO) Thursday reported a first-half net profit of 15 million lei (EUR3.4 million), slightly up from RON14.7 million in the year-earlier period.

Bogdan Neagu · 13.08.2015 · 12:37 · 1 min