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Banks-Insurance

BRD Net Profit More Than Doubles To RON270M In First Six Months

Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) Wednesday reported a net profit of 270 million lei (EUR60.8 million) for the first half of the year, more than double comp...

Bogdan Neagu · 05.08.2015 · 09:48 · 1 min
Energy

Rompetrol’s Exports Up 34% In 1H

KMG International, formerly Rompetrol group, which majority owns Rompetrol Rafinare (RRC.RO), posted revenue of $5.5 billion (21.9 billion lei) in the first half of 2015, down 18% compared w...

Manuela Panescu · 27.07.2015 · 18:00 · 1 min
Libra Internet Bank Posts Record Profit Of RON11.8M In 1H
Banks-Insurance

Libra Internet Bank Posts Record Profit Of RON11.8M In 1H

The net profit of Romanian lender Libra Internet Bank rose 40% on the year in the first half of 2015, to a record RON11.8 million, the lender said Monday.

Gabriela Stan · 27.07.2015 · 11:29 · 1 min
Fondul Proprietatea Profit Down Threefold To RON356M In January-June
Capital Market

Fondul Proprietatea Profit Down Threefold To RON356M In January-June

Investment fund Fondul Proprietatea (FP.RO) reported a profit of RON356.6 million (EUR80.2 million) in January-June, threefold lower from the record profit of RON1.06 billion posted in the s...

Gabriela Stan · 15.07.2015 · 13:42 · 1 min
Banks-Insurance

ASF To Announce Results Of Insurers Overview Program Next Week

Financial Supervisory Authority (ASF) will announce next week the results of the first stage of the insurers overview program, which included 13 companies with an overall market share of ove...

Gabriela Stan · 08.07.2015 · 13:05 · 1 min
Alexandrion Grup Sales Up 11% To EUR58.8M In 2014
Retail&Consumer

Alexandrion Grup Sales Up 11% To EUR58.8M In 2014

Spirits producer Alexandrion Grup Romania registered an 11% higher gross turnover in 2014, of EUR58.8 million, while its net profit grew at a similar pace, to EUR1.45 million, from EUR1.26 m...

Ecaterina Craciun · 09.06.2015 · 14:18 · 1 min
Companies

Pirelli Tyres Romania 2014 Sales Up 6% To RON1.67B

Tire producer Pirelli Tyres Romania, a unit of Italian tire maker Pirelli, registered sales revenue of 1.67 billion lei (EUR376.2 million) in 2014, up 6% from RON1.58 billion a year before.

Gabriela Stan · 04.06.2015 · 19:08 · 1 min
Renania 2014 Turnover Up 16% To RON102M
Companies

Renania 2014 Turnover Up 16% To RON102M

Romanian safety equipment supplier Renania Targu Mures reported a turnover of RON102 million (EUR23 million) last year, up 16% compared with 2013.

Gabriela Stan · 04.06.2015 · 16:03 · 1 min
CEC Bank’s 2014 Profit Four Times Lower To RON13.8M
Banks-Insurance

CEC Bank’s 2014 Profit Four Times Lower To RON13.8M

Romanian state-owned lender CEC Bank on Tuesday said it registered a pretax profit of RON13.8 million in 2014, four times lower than RON56.2 million in 2013, while the balance of loans rose...

Ecaterina Craciun · 02.06.2015 · 12:14 · 1 min