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Transelectrica Net Profit Grows 18% in 2020, to RON114M
Companies

Transelectrica Net Profit Grows 18% in 2020, to RON114M

Romanian state-owned power grid operator Transelectrica (TEL.RO) on Monday reported a net profit of RON114 million for 2020, up 18% on the year.

Oana Gavrila · 15.02.2021 · 09:57 · 1 min
Oil Terminal Profit Grows 48% in 2020, to RON3.55M
Capital Market

Oil Terminal Profit Grows 48% in 2020, to RON3.55M

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Friday reported a net profit of RON3.55 million for 2020, up 47.8% compared with 2019.

Oana Gavrila · 12.02.2021 · 12:44 · 1 min
BRD Net Profit Declines 37% in 2020, to RON951.5M
Banks-Insurance

BRD Net Profit Declines 37% in 2020, to RON951.5M

BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets, on Wednesday reported a net profit of RON951.5 million for 2020, down 37% on the year.

Oana Gavrila · 10.02.2021 · 09:31 · 2 min
IIB Net Profit Grows 28% in 2020, to EUR7.3M
Banks-Insurance

IIB Net Profit Grows 28% in 2020, to EUR7.3M

International Investment Bank (IIB), founded in 1970 in Budapest and 6.8% owned by Romania, reported a net profit of EUR7.3 million in 2020, up 28% from EUR5.6 million in 2019, the bank said...

Oana Gavrila · 08.02.2021 · 11:18 · 1 min
OMV Petrom Group Sales Revenue Down 23% To RON19.7B, Net Profit Down 64% To RON1.29B YoY In 2020
Energy

OMV Petrom Group Sales Revenue Down 23% To RON19.7B, Net Profit Down 64% To RON1.29B YoY In 2020

OMV Petrom Group ended 2020 with sales revenue of RON19.7 billion, down 23% versus 2019, following negative evolution of the commodity prices and lower sales volumes for petroleum products a...

Ecaterina Craciun · 04.02.2021 · 09:59 · 2 min
Elefant.ro Posts 35% Turnover Growth in 2020, to RON235M, Plans IPO in 2021
Companies

Elefant.ro Posts 35% Turnover Growth in 2020, to RON235M, Plans IPO in 2021

Elefant.ro, one of the largest online stores on the local market, operated by Elefant Online, had a turnover of RON235 million (EUR48.2 million) in 2020, up 35% on the year.

Oana Gavrila · 01.02.2021 · 12:42 · 1 min
FAN Courier Turnover Nears RON1B Mark in 2020, Up 22%
Companies

FAN Courier Turnover Nears RON1B Mark in 2020, Up 22%

FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to the RON1 billion mark – 22% higher compared with 2019 as th...

Oana Gavrila · 10.12.2020 · 15:50 · 1 min
Allianz-Tiriac Underwritings Decline 2.5% YoY To Over RON1B In Jan-Sept 2020
Banks-Insurance

Allianz-Tiriac Underwritings Decline 2.5% YoY To Over RON1B In Jan-Sept 2020

Allianz-Tiriac, the second largest insurer on the Romanian market, reported gross underwritings totaling over RON1 billion in January-September 2020, down 2.5% on the year, due to the corona...

Ecaterina Craciun · 08.12.2020 · 15:08 · 1 min
IAR Brasov Net Profit Drops Threefold To RON15M, Turnover Falls 28% To RON214M In Jan-Sept 2020
Companies

IAR Brasov Net Profit Drops Threefold To RON15M, Turnover Falls 28% To RON214M In Jan-Sept 2020

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) ended the first nine months of 2020 with a net profit of RON15 million, threefold lower than in the year-earli...

Ecaterina Craciun · 07.12.2020 · 11:29 · 1 min