earnings
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Allianz Group’s Total Revenue Up 6.2% To EUR44B; Operating Profit Down Nearly 3% To EUR3.2B In 1Q/2022
Allianz Group, present on the Romanian market through insurance company Allianz-Tiriac, on Thursday said it ended the first three months of 2022 with total revenues of EUR44 billion, up 6.2%...
Oil Terminal's Net Profit Soars 81% YoY To RON11.5M In 1Q/2022
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Thursday reported a net profit of RON11.5 million for the first quarter of 2022, up 81% from the year-earlier period...
Nuclearelectrica Boasts All-Time High Figures in 1Q/2022: RON820M Profit, Up 250%, and Almost Triple Revenues at RON1.9B
Amid the unprecedented energy price hikes, Nuclearelectrica, Romania’s sole nuclear energy producer and a company where the Romanian state is a majority stakeholder, reported all-time high f...
Grand Hotel Bucharest Ends 2021 with 50% Higher Revenues, at RON18M
The former Intercontinental hotel, currently Grand Hotel Bucharest, managed by Compania Hoteliera Intercontinental, in 2021 registered RON18 million turnover, up almost 50% from the previous...
First Bank Reports RON57M Net Profit For 2021
First Bank (the former Piraeus Bank), held by American private equity investment firm J.C. Flowers, on Wednesday said it recorded a net profit of RON57.1 million for 2021, significantly high...
Heating System Supplier Viessmann Ends 2021 with RON203M Turnover, Up over 11% YOY
Viessmann SRL, part of Germany’s heating, industrial and refrigeration systems group Viessmann, with total EUR3.4 billion revenues and 13,000 employees, for 2021 reported turnover of RON203...
Germany’s Kromberg & Schubert Seeks to Hire 120 People at Nadab Plant
German-held car parts supplier Kromberg & Schubert currently has 120 jobs available at the plant of Nadab, located around 40 km away from Arad.
Poland’s CCC Hits RON661M Turnover in Romania After 33% Growth in 2021
Poland’s retail group CCC, operating particularly on the footwear market, in 2021 generated RON661 million (626.7 million zlotys) turnover, up 33% from 2020.
Altex Sees Turnover Rise Fivefold in One Decade
Electro-IT retailer Altex saw its turnover near RON6 billion last year, after a 16% advance from 2020. The business grew fivefold in a decade.