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Energy

Transgaz 1H Net Profit Up 9% To RON321.5M

Romanian natural gas transmission company Transgaz (TGN.RO) Thursday reported a 9% in its net profit for the first half, mostly due to a significant reduction of expenditure.

Bogdan Neagu · 13.08.2015 · 10:24 · 1 min
OMV Petrom 2Q Net Profit More Than Doubles To RON691M
Energy

OMV Petrom 2Q Net Profit More Than Doubles To RON691M

OMV Petrom, Romania’s largest oil and gas company, Wednesday reported a net profit of 691 million lei (EUR155.6 million) for the second quarter of the year, more than doubled from RON312 mil...

Bogdan Neagu · 12.08.2015 · 09:17 · 2 min
Antibiotice Iasi 1H Sales Revenue Down 11.6% To EUR30M
Health

Antibiotice Iasi 1H Sales Revenue Down 11.6% To EUR30M

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) reported 11.6% lower sales revenue in the first half of 2015, to RON132.39 million (EUR30 million), in the context in which the local m...

Ecaterina Craciun · 10.08.2015 · 17:24 · 1 min
Allianz Underwrote EUR119M Gross Premiums In Romania In 1H, Up 7% On Year
Banks-Insurance

Allianz Underwrote EUR119M Gross Premiums In Romania In 1H, Up 7% On Year

German group Allianz underwrote gross premiums of EUR119 million in Romania in the first half of 2015, up 7% on the year, and its operating profit soared 70% to EUR12 million, the group said...

Ecaterina Craciun · 07.08.2015 · 14:49 · 1 min
UniCredit’s Consolidated Profit In Romania At EUR27M In 1H/2015
Banks-Insurance

UniCredit’s Consolidated Profit In Romania At EUR27M In 1H/2015

The consolidated profit of Italian banking group UniCredit in Romania stagnated at EUR27 million in the first six months of 2015, after the decrease of its operating profit was offset by low...

Gabriela Stan · 05.08.2015 · 17:18 · 1 min
NN Romania Posts 4% Higher Gross Underwritten Premiums In 1H, To RON309M
Banks-Insurance

NN Romania Posts 4% Higher Gross Underwritten Premiums In 1H, To RON309M

NN Romania (formerly ING Asigurari) underwrote gross premiums of RON308.6 million (EUR69.5 million) in the first half of 2015, up 4% on the year, due to a 9% increase in the average amounts...

Ecaterina Craciun · 05.08.2015 · 14:49 · 1 min
UPC Romania Revenue Down Nearly 11% In 1H, To $77.6M
Technology &Telecoms

UPC Romania Revenue Down Nearly 11% In 1H, To $77.6M

Cable TV and telecom operator UPC Romania posted a 10.8% decline in revenue in the first half of 2015, to $77.6 million, from $87 million in the same period last year, following a strong app...

Ecaterina Craciun · 05.08.2015 · 13:50 · 1 min
GDF Suez Energy Romania Net Profit At RON443M In 2014
Energy

GDF Suez Energy Romania Net Profit At RON443M In 2014

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, reported a net profit of 443.05 million lei (EUR99.7 million) in 2014, similar with RON447.07 million a year before.

Gabriela Stan · 05.08.2015 · 12:29 · 1 min
Banks-Insurance

ING Bank Romania Posts 6% Lower Net Profit In 1H

ING Bank Romania reported a 6% lower net profit for the first six months, while both its loan portfolio and attracted deposits posted significant gains, the lender said in a statement Wednes...

Bogdan Neagu · 05.08.2015 · 11:58 · 1 min