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earnings

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Innobyte 2023 Turnover Surges 30% YoY To RON12.57M
Technology &Telecoms

Innobyte 2023 Turnover Surges 30% YoY To RON12.57M

Innobyte, a leading player on the Romanian e-commerce market, ended 2023 with a turnover of RON12.57 million, up 30% on the year, and EBITDA of RON2.67 million, up 40% from 2022, company rep...

Ecaterina Craciun · 29.02.2024 · 19:07 · 1 min
IAR Brasov Net Profit Surges 70% YoY To RON24M In 2023
Companies

IAR Brasov Net Profit Surges 70% YoY To RON24M In 2023

IAR Brasov (IARV.RO), which makes and repairs spare parts for helicopters, reported net profit of RON24 million for 2023, up 69.5% from RON14.2 million in 2022, as per the company's prelimin...

Ecaterina Craciun · 29.02.2024 · 18:31 · 1 min
MedLife Hits RON2.2B Turnover in 2023, Up 25%, Goes from RON93M Profit To RON5.7M Losses
Companies

MedLife Hits RON2.2B Turnover in 2023, Up 25%, Goes from RON93M Profit To RON5.7M Losses

Private healthcare provider MedLife reported consolidated pro-forma turnover worth RON2.24 billion turnover in 2023, up 25% from 2022.

Eduard Ivanovici · 29.02.2024 · 11:26 · 2 min
Electrica 2023 Profit Rises 11% To RON620M YOY
Companies

Electrica 2023 Profit Rises 11% To RON620M YOY

Electricity supplier and distributor Electrica, recorded a 11% increase in net consolidated profit, to RON620.4 million, from RON558.8 million in 2022.

Eduard Ivanovici · 29.02.2024 · 11:13 · 1 min
Sphera Franchise Group Posts Record High Sales of almost RON1.5B in 2023, Up 11% YOY
Companies

Sphera Franchise Group Posts Record High Sales of almost RON1.5B in 2023, Up 11% YOY

Sphere Franchise Group, which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, for 2023 reported the sum of RON1.47 bil...

Eduard Ivanovici · 29.02.2024 · 11:04 · 2 min
Aquila Part Prod Boasts Record High Profit in 2023, Up 14% YOY
Companies

Aquila Part Prod Boasts Record High Profit in 2023, Up 14% YOY

Aquila Part Prod, the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, in 2023 generated RON97 million...

Eduard Ivanovici · 29.02.2024 · 10:54 · 1 min
Fondul Proprietatea Switches To Losses of Around RON900M in 2023, from RON2.8B Profit in 2022
Companies

Fondul Proprietatea Switches To Losses of Around RON900M in 2023, from RON2.8B Profit in 2022

Fondul Proprietatea ended 2022 with a net loss of RON896.1 million, after a net positive result of RON2.77 billion in the previous financial year.

Eduard Ivanovici · 29.02.2024 · 10:22 · 1 min
BCR Rakes In RON2.32B Net Profit in 2023, Up 33% YOY
Banks-Insurance

BCR Rakes In RON2.32B Net Profit in 2023, Up 33% YOY

Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, registered net profit worth RON2.32 billion (EUR469 million) in 2023, up 33% from 2022, driven by improved operatin...

Cristina Bellu · 29.02.2024 · 10:10 · 3 min
Nuclearelectrica Reports RON2.5B Net Profit, Down 10%, RON7.6B Revenues, up 16% YOY in 2023
Companies

Nuclearelectrica Reports RON2.5B Net Profit, Down 10%, RON7.6B Revenues, up 16% YOY in 2023

Nuclearelectrica, Romania’s sole nuclear power producer, reported net profit worth RON2.48 billion for 2023, down 10.2% from 2022.

Eduard Ivanovici · 29.02.2024 · 09:58 · 1 min