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earnings

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TeraPlast Group Eyes 15% Higher Turnover, Of RON478M, 32% Higher EBITDA, Of RON47M, In 1H/2020
Companies

TeraPlast Group Eyes 15% Higher Turnover, Of RON478M, 32% Higher EBITDA, Of RON47M, In 1H/2020

TeraPlast Group, the largest Romanian producer of construction materials owned by businessman Dorel Goia, expects a turnover of RON478 million for the first half of 2020, up 15% compared wit...

Ecaterina Craciun · 26.05.2020 · 10:56 · 2 min
ING Bank Romania Net Profit Plunges 27% To RON143M In 1Q/2020 Under COVID-19 Impact
Banks-Insurance

ING Bank Romania Net Profit Plunges 27% To RON143M In 1Q/2020 Under COVID-19 Impact

Lender ING Bank Romania on Monday said its revenue grew 9% to RON533 million and its net profit plunged 27% to RON143 million on the year in the first quarter of 2020.

Ecaterina Craciun · 25.05.2020 · 14:59 · 2 min
VIG Gross Underwritings in Romania Grow 8.6% in 1Q, to EUR125.9M
Companies

VIG Gross Underwritings in Romania Grow 8.6% in 1Q, to EUR125.9M

Austria’s Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, said Wednesday it recorded gross underwritings of EUR125.9 million in Roma...

Oana Gavrila · 20.05.2020 · 10:39 · 1 min
Bittnet Posts 21% Revenue Growth in 1Q/2020, to RON19.3M
Companies

Bittnet Posts 21% Revenue Growth in 1Q/2020, to RON19.3M

Bittnet Group (BNET.RO), a local integrator of IT&C solutions and provider of training services in the field of IT, on Monday reported consolidated revenues of RON19.3 million for the first...

Oana Gavrila · 18.05.2020 · 12:30 · 1 min
Patria Bank Posts RON2.4M Loss in 1Q/2020
Banks-Insurance

Patria Bank Posts RON2.4M Loss in 1Q/2020

Romanian lender Patria Bank (PBK.RO) on Monday reported a net loss of RON2.4 million for the first quarter of 2020, 6% wider than in the same period last years, citing Covid-19 impact and no...

Oana Gavrila · 18.05.2020 · 11:07 · 1 min
Cemacon Turnover Falls 7% To RON29.6M, Net Profit Drops 20.1% To RON10.6M YoY In 1Q/2020
Companies

Cemacon Turnover Falls 7% To RON29.6M, Net Profit Drops 20.1% To RON10.6M YoY In 1Q/2020

Romanian brick maker Cemacon (CEON.RO) on Friday said it ended the first quarter of 2020 with a net turnover of RON29.6 million, down 7% on the year, and a net profit of RON10.56 million, do...

Ecaterina Craciun · 15.05.2020 · 18:07 · 1 min
IAR Brasov Net Profit Soars 50% To RON12.7M, Turnover Up 15.4% To Nearly RON100M YoY In 1Q/2020
Companies

IAR Brasov Net Profit Soars 50% To RON12.7M, Turnover Up 15.4% To Nearly RON100M YoY In 1Q/2020

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) on Friday said it ended the first quarter of 2020 with a net profit of RON12.7 million, up 50.7% on the year,...

Ecaterina Craciun · 15.05.2020 · 17:53 · 1 min
Altex Sales Grow Nearly 15% To Over RON4B, Net Profit Up 19% To RON75M YoY In 2019
Retail&Consumer

Altex Sales Grow Nearly 15% To Over RON4B, Net Profit Up 19% To RON75M YoY In 2019

Electronics retailer Altex on Friday said its sales grew nearly 15% on the year to over RON4 billion, and its net profit grew 19% on the year to RON75 million in 2019.

Ecaterina Craciun · 15.05.2020 · 14:14 · 1 min
MedLife Group Turnover Up 14% YoY To RON264M In 1Q/2020
Companies

MedLife Group Turnover Up 14% YoY To RON264M In 1Q/2020

MedLlife Group (M.RO), the leading private medical services operator in Romania, ended the first quarter of 2020 with a turnover of RON264.1 million, up 14.3% on the year, and a net profit h...

Ecaterina Craciun · 15.05.2020 · 13:58 · 1 min