earnings
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VIG Gross Underwritings In Romania Grow 5.5% YoY To EUR493.8M
Austria’s Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, said Thursday it recorded gross underwritings of EUR493,8 million in Roman...
Policolor Profit Doubles YoY To EUR2.4M In 2020
Construction paint maker Policolor reported a profit of EUR2.4 million in 2020, more than double the EUR1 million level reported in 2019, despite the coronavirus pandemic, per the company’s...
ENGIE Romania Overshoots EUR1.5B Turnover Threshold In 2020; Unveils EUR140M Investment Budget For 2021
ENGIE Romania, the largest natural gas distributor in Romania, ended 2020 with a turnover of EUR1.54 billion, up 7% on the year, per data from the annual financial report of the utilities gr...
Hotel Complex Alpin Resort 2020 Revenue Down 57% YoY To RON23M In 2020
Hotel complex Alpin Resort Hotel in Poiana Brasov mountain resort (Brasov County, central Romania), held by businessman Claudiu Aron, reported revenue of just RON23 million in 2020, down 57%...
Chimcomplex Reports RON95M Profit in 2020
Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, on Thursday reported a net profit of RON95 million for 2020.
Baneasa Shopping City Turnover Down 31%, Profit Halves in 2020
Baneasa Developments, which operates Baneasa Shopping City in northern Bucharest, reported a 31% drop in turnover and its profit halved in 2020, a tough year for retail as malls were closed...
Visual Fan 2020 Turnover Hits 19-Year High, At Over EUR82M
Brasov-based Visual Fan, which produces electronic devices under the brand Allview, on Tuesday said its turnover exceeded EUR82.75 million (RON404.61 million) in 2020, the highest level in t...
Alro Group Switches To RON335M Profit In 2020 From RON67M Loss In 2019
Alro Group (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, on Monday reported a turnover of RON2.51 billion for 2020, slightly lower than RON2.78 billion in 2019,...
Kingfisher Sales in Romania Grow 11.8% in 2020
Sales of retailer Kingfisher in Romania, where it owns do-it-yourself (DIY) Brico Dépôt stores, grew 11.8% on the year in Romania in 2020, to GBP242 million, on increased demand.