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Romaero Reduces Loss in 1H/2020 to RON24M
Companies

Romaero Reduces Loss in 1H/2020 to RON24M

Romanian aircraft parts maker Romaero (RORX.RO), of strategic importance for the Romanian aerospace and defense industries, posted a loss of RON24.1 million in the first half of 2020, compar...

Oana Gavrila · 30.09.2020 · 18:42 · 1 min
OMRO IFN Net Loss Nearly Doubles YoY To RON1.2M In 1H/2020
Companies

OMRO IFN Net Loss Nearly Doubles YoY To RON1.2M In 1H/2020

OMRO IFN, one of the first microfinance institutions in Romania, previously known as Opportunity Microcredit Romania, ended the first half of 2020 with a net loss of RON1.2 million, nearly t...

Ecaterina Craciun · 30.09.2020 · 15:38 · 1 min
Imocredit IFN, Part Of ImoFinance Group, Doubles Net Profit YoY To RON1.4M In 1H/2020
Capital Market

Imocredit IFN, Part Of ImoFinance Group, Doubles Net Profit YoY To RON1.4M In 1H/2020

Imocredit IFN, a mortgage lender part of financial group ImoFinance, specialized in real estate financing, ended the first half of 2020 with a net profit of RON1.4 million, more than double...

Ecaterina Craciun · 30.09.2020 · 15:17 · 1 min
Elvila Returns to Profit in 1H/2020
Companies

Elvila Returns to Profit in 1H/2020

Furniture producer Elvila (ELV.RO), owned by businessman Viorel Catarama, ended the first half of 2020 with a net profit of RON3.45 million, compared with a loss of RON1.5 million in the sam...

Oana Gavrila · 30.09.2020 · 14:54 · 1 min
Idea Bank Net Profit Doubles YoY To RON5.6M In 1H/2020
Banks-Insurance

Idea Bank Net Profit Doubles YoY To RON5.6M In 1H/2020

Idea Bank, held by Poland’s Getin Holding Group, reported operating revenue of RON55.8 million in January-June 2020, up 11.7% on the year, and a net profit of RON5.6 million, almost double f...

Ecaterina Craciun · 30.09.2020 · 11:53 · 1 min
Chimcomplex Borzesti Posts 25% Lower Turnover, Of RON524M, In 1H/2020
Companies

Chimcomplex Borzesti Posts 25% Lower Turnover, Of RON524M, In 1H/2020

Chemical producer Chimcomplex Borzesti (CHOB.RO), run by businessman Stefan Vuza, reported a net loss RON27 million in January-June 2020, from a profit of RON577,000 in the year-earlier peri...

Ecaterina Craciun · 25.09.2020 · 17:24 · 1 min
Zitec Turnover Grows Over 50% YoY To EUR1.5M In 1H/2020
Technology &Telecoms

Zitec Turnover Grows Over 50% YoY To EUR1.5M In 1H/2020

Online applications developer Zitec, the main player on Romanian digital marketing and IT market, reported an increase of over 50% in revenue on the year to EUR1.5 million in the first half...

Ecaterina Craciun · 24.09.2020 · 16:26 · 1 min
TBI Bank Posts 16% Lower Consolidated Net Profit, Of EUR8.2M, In 1H/2020
Banks-Insurance

TBI Bank Posts 16% Lower Consolidated Net Profit, Of EUR8.2M, In 1H/2020

TBI Bank, part of 4Finance Group, with operations in Romania, Bulgaria, Germania, Sweden and Poland, ended the first half of 2020 with a consolidated net profit of EUR8.2 million, down 16% o...

Ecaterina Craciun · 16.09.2020 · 16:29 · 1 min
Compania Hoteliera Intercontinental Romania Switches To RON3M Loss In 1H/2020 Vs RON4.6M Profit In Jan-June 2019
Companies

Compania Hoteliera Intercontinental Romania Switches To RON3M Loss In 1H/2020 Vs RON4.6M Profit In Jan-June 2019

Hotel operator Compania Hoteliera Intercontinental Romania (RCHI.RO), the operator of Bucharest-based five-star Intercontinental Hotel, posted a turnover of RON9.1 million in January-June 20...

Ecaterina Craciun · 16.09.2020 · 12:25 · 1 min