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BRD Triples 1Q Net Profit of Declining Risk Costs
BRD-Groupe Societe Generale (BRD.RO), the second largest lender in Romania, almost tripled its first-quarter net profit following a sharp decline in the net cost of risk, the company’s finan...
Sameday Courier Turnover Up 46% In 1Q
Delivery Solutions, operator of delivery service firm Sameday Courier (SDAY.RO), reported a turnover of RON2.6 million in the first quarter, up 46% on the year, the company said in a stateme...
Safety Broker’s 1Q Brokered Premiums Up 12% To Over EUR20M
Romanian insurance broker Safety Broker on Tuesday said it brokered gross premiums of RON91.3 million (EUR20.6 million) in the first quarter of 2015, up 12% on the year
Banca Transilvania 1Q Net Profit Up 46.5%
Romanian lender Banca Transilvania (TLV.RO) Thursday reported a net profit of 151.5 million lei (EUR34.3 million) for the first quarter, up 46.5% on the year-earlier period.
Agricover 2014 Turnover Up 18% To RON1.3B
Agribusiness group Agricover reported a turnover of RON1.3 billion (EUR285 million) in 2014, up 18% on the year, the company said in a statement Wednesday.
Omniasig Posts 2.3% Lower Underwritings In 2014, But Switches To Profit
Insurance company Omniasig Vienna Insurance Group (VIG) underwrote gross premiums of RON860.38 million lei (EUR193.7 million) in 2014, down 2.3% on the year, the company said in a statement...
Fondul Proprietatea Posts RON668M Loss In January-March
Investment fund Fondul Proprietatea (FP.RO) reported losses worth RON668.7 million (EUR151.6 million) in the first quarter of 2015, from RON79 million losses in January-March 2014, following...
BCR BpL Savings Deposits Up 27% To RON2.5B, Loan Portfolio Up 33% To Some RON152M In 2014
Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) registered last year a 27% advance in savings deposits to over RON2.5 billion and a 33% increase in its loan portfolio to nearly...
Piraeus Bank Romania’s Gross Profit Fell To EUR2.1M In 2014
Piraeus Bank Romania on Tuesday said its gross profit fell to EUR2.1 million in 2014, from EUR3.3 million a year ago.