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earnings

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BRD Group Posts 20% Drop in Net Profit in 1Q, to RON240.7M
Banks-Insurance

BRD Group Posts 20% Drop in Net Profit in 1Q, to RON240.7M

BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets, said Wednesday its net profit dropped 20% on the year in the first quarter of 2020, to RON240.7 million, in...

Oana Gavrila · 06.05.2020 · 09:41 · 2 min
Bucur Obor Turnover Grows 4.8% YoY To RON8.4M In 1Q/2020
Companies

Bucur Obor Turnover Grows 4.8% YoY To RON8.4M In 1Q/2020

Bucur Obor company (BUCU.RO), which owns the Bucur Obor shopping center in Bucharest, ended the first quarter of 2020 with a net profit of RON2.97 million, slightly higher than RON2.96 milli...

Ecaterina Craciun · 05.05.2020 · 20:22 · 1 min
Zentiva Romania Posts RON46.3M Profit in 2019
Companies

Zentiva Romania Posts RON46.3M Profit in 2019

Pharmaceutical producer Zentiva Romania (SCD.RO), 95.9% owned by Czech Zentiva Group, said Thursdy its turnover grew 16% in 2019, to RON535.4 million, and it made a profit of RON46.3 million...

Oana Gavrila · 30.04.2020 · 14:03 · 1 min
Banca Transilvania Net Profit Plunges 40% YoY To RON261M In 1Q/2020 Due To COVID-19 Crisis
Banks-Insurance

Banca Transilvania Net Profit Plunges 40% YoY To RON261M In 1Q/2020 Due To COVID-19 Crisis

Banca Transilvania (TLV.RO), Romania's largest lender by assets, said Thursday it had a net profit RON260.9 million in the first quarter of 2020, down 40.1% on the year, due to the crisis ca...

Ecaterina Craciun · 30.04.2020 · 11:58 · 2 min
BCR Group Posts EUR78.3M Net Profit Attributable To Majority Shareholder In 1Q/2020, Up 69% YoY
Banks-Insurance

BCR Group Posts EUR78.3M Net Profit Attributable To Majority Shareholder In 1Q/2020, Up 69% YoY

Romanian Banca Comerciala Romana (BCR) Group, majority owned by Austria's Erste Group, reported net profit attributable to the majority shareholder, Erste, of EUR78.3 million in the first qu...

Ecaterina Craciun · 30.04.2020 · 11:35 · 1 min
BCR Net Profit Soars 60% To RON428.3M YoY In 1Q/2020
Banks-Insurance

BCR Net Profit Soars 60% To RON428.3M YoY In 1Q/2020

Romanian lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group and the second largest bank in Romania by assets, on Thursday reported a net profit of RON428.3 million for Janu...

Ecaterina Craciun · 30.04.2020 · 11:00 · 1 min
TeraPlast Group Posts 85% Growth in Profit in 1Q/2020
Companies

TeraPlast Group Posts 85% Growth in Profit in 1Q/2020

TeraPlast Group, the largest Romanian producer of construction materials, on Thursday reported a turnover of RON208.9 million for the first quarter of 2020, up 20% on the year, and a net pro...

Oana Gavrila · 23.04.2020 · 11:02 · 1 min
Elefant Online Posts Operational Loss of RON6.7M, Targets Profit in 2020
Retail&Consumer

Elefant Online Posts Operational Loss of RON6.7M, Targets Profit in 2020

Elefant Online, which operates online retailer elefant.ro, reported a turnover of RON173.7 million for 2019, up 25% on the year, and an operational loss of RON6.7 million, compared with a lo...

Oana Gavrila · 09.03.2020 · 12:11 · 1 min
OTP Bank Romania Profit Grows 65% in 2019, to RON92M
Banks-Insurance

OTP Bank Romania Profit Grows 65% in 2019, to RON92M

OTP Bank Romania, the subsidiary of the largest banking group in Hungary, reported an adjusted net profit after taxation of RON92 million in 2019, up 65% compared with 2018.

Oana Gavrila · 06.03.2020 · 13:31 · 1 min