earnings
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Promateris Sales Grow 39% YoY To RON116M In 2020
Packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast and held by businessman Florin Pogonaru, ended 2020 with consolidated sales of RON116.1 million, up 39% from 2019, an...
Vrancart Adjud Ends 2020 With RON18.4M Net Profit, RON285.6M Revenue
Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, ended 2020 with a net profit of RON18.4 million, down 44.5% from 2019, a...
Safetech Innovations Ends 2020 With RON14.7M Turnover, RON3.1M Net Profit
Romanian cybersecurity company SafeTech Innovations (SAFE.RO) reported consolidated revenue of RON14.7 million for 2020, up 43% versus 2019, and a net profit of RON3.1 million, up 148% on th...
Practic Bucuresti Approves Its 2021 Budget: RON35.4M Turnover And RON23M Net Profit
Shareholders of real estate developer Practic Bucuresti (PRBU.RO), held by Radu Dimofte, have approved the company’s income and expense budget for 2021 and envisages a turnover of RON35.4 mi...
Cocor Bucuresti 2020 Net Profit Plunges 74% YoY To RON1.4M
Cocor Bucuresti (COCR.RO), which owns the Cocor shopping center in downtown Bucharest, ended 2020 with a net profit of RON1.4 million, down 74% from 2019, and a turnover of RON10.4 million,...
Electrica Group Targets RON712.4M Investments In 2021
The Board of Directors of state-owned energy utility group Electrica (EL.RO), the largest players in the energy services sector, approved on February 26 the consolidated investment plant (CA...
Electroarges Switches To RON13.7M In 2020
Vacuum cleaner manufacturer Electroarges (ELGS.RO) in Curtea de Arges ended 2020 with a net loss of RON13.7 million, from a net profit of RON2 million in 2019, and revenue from contracts of...
Bittnet Operating Profit Grows 400% in 2020, to RON4.3M
Bittnet (BNET.RO), a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, reported RON108.6 million consolidated revenues in 2020 and an operating profit of RON4....
Patria Bank Net Profit Halves in 2020, to RON2.8M
Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), reported a net profit of RON2.8 million for 2020, down 48% compared with 2019.