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earnings

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Transelectrica Ends 2023 With RON219M Net Profit, Down 57.5% vs 2022
Energy

Transelectrica Ends 2023 With RON219M Net Profit, Down 57.5% vs 2022

Romania’s national power transmission company Transelectrica (TEL.RO) reported net profit of RON219 million for 2023, lower by RON296 million or 57.5% than in 2022, mainly due to the fact th...

Ecaterina Craciun · 28.02.2024 · 18:59 · 2 min
Infinity Capital Investments Reaches RON100.6M Revenues in 2023, Down 48%, RON67.6M Net Profit, 58% Lower YOY
Companies

Infinity Capital Investments Reaches RON100.6M Revenues in 2023, Down 48%, RON67.6M Net Profit, 58% Lower YOY

Infinity Capital Investments registered revenues worth RON100.6 million in 2023, down 48%, and RON7.6 million net profit, 58% lower than in 2022, impacted by the dynamic of dividend income.

Roxana Dumitru Rosu - Mediafax · 28.02.2024 · 10:57 · 1 min
Compa Sibiu Ends 2023 with RON767M Turnover, Up 4%; Net Profit Triples to RON7.6M
Companies

Compa Sibiu Ends 2023 with RON767M Turnover, Up 4%; Net Profit Triples to RON7.6M

Car parts producer Compa Sibiu ended 2023 with RON767 million turnover, 4% above the 2022 level, while the company’s net profit tripled to RON7.6 million.

Roxana Dumitru Rosu - Mediafax · 28.02.2024 · 10:12 · 1 min
Romgaz Reports RON9B Consolidated Turnover for 2023, Down 32%, RON2.8B Net Profit, 10.4% Higher YOY
Companies

Romgaz Reports RON9B Consolidated Turnover for 2023, Down 32%, RON2.8B Net Profit, 10.4% Higher YOY

Romgaz, Romania’s main natural gas producer and supplier, in 2023 generated consolidated turnover worth RON9 billion, down 32%, and RON2.8 billion net profit, up 10.4% from 2022.

Roxana Dumitru Rosu - Mediafax · 28.02.2024 · 10:01 · 1 min
Farmaceutica Remedia's Profit Surges 19.7% YoY To RON7.2M In 2023
Health

Farmaceutica Remedia's Profit Surges 19.7% YoY To RON7.2M In 2023

Farmaceutica Remedia Group, with activities in drug wholesale for pharmacies, but also for clinics and private hospitals, in pharma retail and sale of robots for pharmacies, ended 2023 with...

Ecaterina Craciun · 28.02.2024 · 03:12 · 1 min
Transavia Ends 2023 With Over RON1B Turnover
Companies

Transavia Ends 2023 With Over RON1B Turnover

Transavia, a leading poultry producer in Romania, which was founded 33 years ago by entrepreneur Ioan Popa, ended 2023 with a turnover of over RON1 billion (nearly EUR202 million) and expect...

Ecaterina Craciun · 28.02.2024 · 01:45 · 1 min
Romcab 2023 Net Profit Plunges 76.3% YoY To RON16.2M
Companies

Romcab 2023 Net Profit Plunges 76.3% YoY To RON16.2M

Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO) reported net profit of RON16.2 million for 2023, down 76.3% vs 2022, and a turnover of RON477.1 million, down 74.6% on the ye...

Ecaterina Craciun · 28.02.2024 · 01:16 · 1 min
Arctic Stream Ends 2023 With RON9.2M Net Profit, Up 35% vs 2022
Companies

Arctic Stream Ends 2023 With RON9.2M Net Profit, Up 35% vs 2022

Arctic Stream (AST.RO), an IT infrastructure and security integrator, ended 2023 with a 35% increase in its net profit and a 54% surge in revenue versus 2022.

Ecaterina Craciun · 28.02.2024 · 00:22 · 1 min
Safetech Innovations Reports RON31.1M Turnover, At An Individual Level, Down 11% YoY
Technology &Telecoms

Safetech Innovations Reports RON31.1M Turnover, At An Individual Level, Down 11% YoY

Cybersecurity company Safetech Innovations (SAFE.RO) reported a turnover of RON31.1 million, at an individual level, down 11% compared to 2022, and net profit of RON9.7 million, down 5% on t...

Ecaterina Craciun · 27.02.2024 · 22:19 · 5 min