earnings
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Kosarom 2022 Turnover Up 19% To over RON219M
Compania Industrializarea Carnii (Kosarom), part of Kosarom group operating in the meat industry, a business founded by entrepreneur Neculai Apostol around 31 years ago, for 2022 reported tu...
Austria’s SW Umwelttechnik 2022 Romania Turnover Rises 38% To RON190M
SW Umwelttechnik Romania, the local subsidiary of the Austrian company with the same name, a maker of precast concrete products, saw its turnover go up by 38% in 2022, to almost RON190 milli...
Aerostar Bacau Ends 1Q/2023 with RON30M Net Profit, Up 50% from 1Q/2022
Aerostar Bacau (ARS.RO) a company that makes aircraft parts and provides aircraft maintenance services, in the first quarter of 2023 posted net profit worth RON30.1 million, up 50.1% from th...
Banca Transilvania's Net Profit Doubles YoY To RON837.7M In Q1/2023
Banca Transilvania financial group reported a consolidated net profit of RON837.7 million for the first quarter of 2023, of which lender Banca Transilvania's profit is RON675.9 million.
CEC Bank Ends 2022 With Audited Net Profit Of RON424M, Up 16% YoY
Romanian state-owned lender CEC Bank ended 2022 with an audited net profit of RON424.3 million, up 16% from 2021, and net interest income of RON1.54 billion, up 43% on the year.
Raiffeisen Bank Romania 1Q/2023 Net Profit Soars 90% To RON414M
Raiffeisen Bank Romania in the first quarter of 2023 posted RON414 million net profit, from RON218 million in the same period of 2022, amid intense lending activity for all business segments...
Bucharest Stock Exchange Ends 1Q/2023 with RON12.9M Revenues, RON1.8M Net Profit
The Bucharest Stock Exchange (BVB), the operator of Romania’s capital market, for the first quarter of this year reported consolidated revenues worth RON12.86 million, down 18% from the same...
Winemaker Domeniile Averesti Expects 20% Higher Sales in 2023
Rares Florea, CEO of winemaker Domeniile Averesti, says Romania’s wine market is doing well, with the company’s sales reaching RON27 million last year, around RON5 million more than in 2021....
GoCab Software Ends Q1/2023 With Revenue Of Over RON2M On Corporate Ride Segment
GoCab Software (CAB.RO), the operator of the cab booking services platform GoCab, reports revenue of over RON2.11 million on the corporate ride segment for the first three months of 2023 and...