earnings
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TotalSoft Group Eyes Over EUR34M Turnover In 2024, Up 11% YoY
TotalSoft Group, one of the largest software developers in Romania, targets an annual 11% increase in its consolidated turnover in 2024, up to nearly EUR34.5 million at the end of the year,...
BRD Ends H1/2024 with RON675M Net Profit, Down 9.6% from H1/2023
BRD-Soc Gen, the fourth largest bank in Romania by assets, in the first half of 2024 generated net profit of RON675 million, down 9.6% from the same period of 2023.
Germany’s Mahle 2023 Turnover Tops RON1B, Up 17.2% YOY
Mahle Componente de Motor, the local subsidiary of German group Mahle, for 2023 reported turnover worth RON1.086 billion (EUR219.7 million), 17.2% higher than in 2022, in line with ZF calcul...
TeraPlast Group Ends H1/2024 with RON428M Turnover, Up 34%, RON6.6M Losses
TeraPlast group ended the first half of this year with RON428 million turnover, up 34%, and RON6.6 million losses amid the RON3.8 million non-recurrent expenses and the accelerated ramp-up o...
OMV Petrom Rakes in RON2.6B Net Profit in H1/2024, Up 178% vs H1/2023
OMV Petrom, Romania’s largest oil and gas producer, reported RON2.62 billion net profit for the first half of this year, up 178% from the year-earlier period.
Vertiv Romania Raises 2024 Estimates
Vertiv group, a provider of critical digital infrastructure solutions and IT&C support services, present locally via Vertiv Romania subsidiary, with offices in Cluj and Bucharest, continues...
Marelvi 2023 Turnover Down 2.3% YOY To RON340M
Radauti-based home appliances wholesaler Marelvi, controlled by local entrepreneur family Mihalescul, reported a turnover of RON340 million (EUR68.7 million) for 2023, down 2.3% from RON348....
Raiffeisen Bank Ends H1/2024 with RON820M Net Profit, Down 6.17% from H1/2023
Raiffeisen Bank Romania, the sixth largest bank by assets, ended the first half of 2024 with RON820 million net profit, down 6.17% from the year-earlier period.
Sonaca Aerospace Transilvania Sees 2023 Turnover Rise 4,6% To RON62.3M
Aircraft parts manufacturer Sonaca Aerospace Transilvania, the local subsidiary of Belgian group Sonaca, for 2023 reported turnover worth RON62.3 million (EUR12.6 million), up 4.6% from 2022...