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earnings

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Penny Reports Net Turnover Of RON4.73B For 2020
Retail&Consumer

Penny Reports Net Turnover Of RON4.73B For 2020

German-owned discount retail chain Penny, which operates a network of almost 280 discount stores, had a net turnover of RON4.73 billion in 2020.

Ecaterina Craciun · 11.05.2021 · 13:06 · 1 min
Carbochim Profit Up 25% To RON289,023, Total Revenue Down 1.7% To RON8M YoY In 1Q/2021
Companies

Carbochim Profit Up 25% To RON289,023, Total Revenue Down 1.7% To RON8M YoY In 1Q/2021

Industrial abrasives manufacturer Carbochim Cluj Napoca (CBC.RO), indirectly held by businessman Iulian Dascalu, the owner of Iulius Group, ended the first three months of 2021 with a net re...

Ecaterina Craciun · 10.05.2021 · 13:28 · 1 min
Bucur Obor Net Profit Drops 12.7% in 1Q, Sales Down 3.5%
Retail&Consumer

Bucur Obor Net Profit Drops 12.7% in 1Q, Sales Down 3.5%

Bucur Obor (BUCU.RO), the company that owns the Bucur Obor shopping center in Bucharest, on Monday reported a net profit of RON4.35 million for the first quarter of 2021, down 12.7%, while i...

Oana Gavrila · 10.05.2021 · 12:56 · 1 min
OTP Bank Romania Reports Net Profit Of RON7M In 1Q/2021 Versus RON11M Loss In 1Q/2020
Banks-Insurance

OTP Bank Romania Reports Net Profit Of RON7M In 1Q/2021 Versus RON11M Loss In 1Q/2020

OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON7 million in the first quarter of 2021, versus a loss of RON11...

Ecaterina Craciun · 07.05.2021 · 18:34 · 1 min
Raiffeisen Bank Net Profit Grows 41% in 1Q, to RON198M
Banks-Insurance

Raiffeisen Bank Net Profit Grows 41% in 1Q, to RON198M

Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a a net profit of RON198 million in the first quarter of 2021, 41% higher compared with the same perio...

Oana Gavrila · 07.05.2021 · 10:37 · 1 min
Nuclearelectrica Expects 6% Higher Revenue, Of RON2.74B, 20% Lower Net Profit, Of RON562M, In 2021
Energy

Nuclearelectrica Expects 6% Higher Revenue, Of RON2.74B, 20% Lower Net Profit, Of RON562M, In 2021

Shareholders of Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, on Thursday approved, among others, the company’s budget of...

Ecaterina Craciun · 06.05.2021 · 17:24 · 1 min
BRD Net Profit Falls 6.5% in 1Q, to RON218M
Banks-Insurance

BRD Net Profit Falls 6.5% in 1Q, to RON218M

BRD Groupe Societe Generale, the third largest lender on the Romanian market by assets, on Thursday reported a net profit of RON218 million for the first quarter of 2021, down 6.5% on the ye...

Oana Gavrila · 06.05.2021 · 09:53 · 2 min
CEC Bank Net Profit Above Forecast Level, At RON81.7M In 1Q/2021
Banks-Insurance

CEC Bank Net Profit Above Forecast Level, At RON81.7M In 1Q/2021

Romanian state-owned lender CEC Bank on Wednesday said it registered a net profit of RON81.7 million in the first quarter of 2021, above the forecast level.

Ecaterina Craciun · 05.05.2021 · 13:43 · 2 min
Agricover Holding Ends 2020 With Consolidated Profit Of RON77M, Up 61% YoY
Companies

Agricover Holding Ends 2020 With Consolidated Profit Of RON77M, Up 61% YoY

Agricover Holding, one of the largest players in Romanian agribusiness, on Tuesday said it ended 2020 with consolidated profit of RON77.3 million, up 61% on the year, and consolidated revenu...

Ecaterina Craciun · 04.05.2021 · 20:19 · 1 min