earnings
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OMV Petrom Reports RON1.6B Net Profit, RON10.7B Turnover in 3Q/2023
OMV Petrom, Romania’s largest hydrocarbon producer, reported RON1.6 billion net profit in the third quarter of 2023, down from RON4.5 billion in the same period of 2022 amid falling oil pric...
BCR Reports RON1.69B Net Profit in Jan-Sept, Up 10.3% YOY
Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, in the first nine months of 2023 posted net profit worth RON1.69 billion (EUR343.8 million), up 10.3% from the same...
Bulgaria’s Trace Group Switched from 0 to RON41M Turnover in Romania
Trace Group Hold, a Bulgarian construction company involved in the execution of highway A7 to Moldavia, generated RON41 million turnover in Romania in 2022 with just seven employees. A year...
Pasta Maker Pangram Sees 2022 Turnover Rise 27.8% To RON65.6M
Pangram, the producer of Monte Banato pasta brand, majority held by Italy’s Colussi and the current mayor of Resita, Ioan Popa, ended 2022 with turnover worth RON65.6 million (EUR13.3 millio...
Freight Forwarder IB Cargo Ends 2022 with 35% Turnover Growth YOY
Freight forwarder IB Cargo, which delivers freight for clients in the automotive, FMCG, pharma, agriculture sectors and others, in 2022 generated RON405.5 million turnover, up 35% from 2021.
Artemob International 2022 Turnover Down 22.7% To RON134.3M
Furniture maker Artemob International, controlled by French company P3G Industries, for 2022 reported turnover worth RON134.3 million (EUR27.2 million), down 22.7% on the year, in line with...
Oyl Company Holding Reports Over RON229M Turnover For 2022, Up 18.3% YoY
Oyl Company Holding, a company operating in the field of road construction and held by entrepreneur Corneliu Dragomir, ended 2022 with a turnover of RON229.1 million (EUR46.5 million), up 18...
Prebet Signs EUR12M Contract For Supply Of Products For Railway Works
Concrete prefab manufacturer Prebet Aiud (PREB.RO) has announced in a stock market report on October 24 the conclusion, as seller, of a contract for the supply of prestressed products, whose...
Orange Romania Reports EUR384M Revenue For Q3/2023, Down 4.7% YoY
Orange Romania, one of the leading players on the local telecom market, registered revenue of EUR384 million for the third quarter of 2023, down 4.7% on the year, as per data provided by the...