earnings
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Alpha Bank Posts EUR21.3M Pre-Tax Profit in 2020
Greek-owned Alpha Bank Romania, one of the top ten lenders in Romania, reported a pre-tax profit of EUR21.3 million for 2020, operating revenue of EUR137.8 million, and a loan portfolio of E...
Flanco Sales Drop 11% in 2020, Profit Drops 44% to RON22.3M
Electronics retailer Flanco said Monday it registered sales of RON1.08 billion in 2020, down 10.8% on the year as over 70 of its 156 stores were closed during lockdown, but turned a profit o...
ING Bank Romania Posts 3% Growth in Revenue in 2020, Gross Profit Down 37%
Lender ING Bank Romania on Monday said its revenues grew 3% in 2020, to RON2.1 billion, but it pre-tax profit dropped 37% on the year, to RON574 million.
Romanian Game Developer Amber Turnover Tops $20M in 2020
Romanian game developer Amber reported a turnover of RON85 million in 2020, topping the $20 million threshold, up 58% compared with 2019, following expansion.
Enel Reports EUR1.39B Revenues in Romania in 2020
Italian utility group Enel, which owns electricity distribution companies E-Distributie Muntenia, E-Distributie Dobrogea and E-Distributie Banat, reported revenues of EUR1.39 billion in Roma...
Kärcher Turnover in Romania Grows 30% in 2020
Germany’s Kärcher group, which makes vacuum cleaners in its own plant Curtea de Arges, Romania, said its turnover grew 30% in 2020, to over RON380 million, and business has picked up in 2021...
Raiffeisen Bank Profit Drops 17% in 2020, to RON644M
Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a a net profit of RON644 million for 2020, 17% lower than in 2019, under the impact of the pandemic an...
Elis Pavaje 2020 Turnover Up 32% YoY To RON287.3M
Paver manufacturer Elis Pavaje in Alba County reported a turnover of RON287.3 million in 2020, up 32% from RON217.6 million in 2019.
Aerostar Bacau Calls Shareholders To Approve RON18.3M Dividends From 2020 Profit: 2.9% Yield
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) has summoned its shareholders on April 21 to vote on the allocation of the net profit and setting the dividend, per a s...