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earnings

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BRD Posts RON1.2B Net Profit in Jan-Sept
Banks-Insurance

BRD Posts RON1.2B Net Profit in Jan-Sept

BRD SocGen, the third largest bank in Romania by assets, said Wednesday it recorded a net profit of RON1.2 billion in the first nine months of 2019, up 11% on the year, and its net banking i...

Oana Gavrila · 06.11.2019 · 11:08 · 2 min
Software Company Life is Hard Profit Grows 67% in Jan-Sept Despite 8% Lower Sales
Companies

Software Company Life is Hard Profit Grows 67% in Jan-Sept Despite 8% Lower Sales

Cluj-based software company Life is Hard (LIH.RO) posted a net profit of RON643,511 for the first nine months, up 67.4% on the year, while its turnover dropped 8.1%, to RON3.4 million.

Oana Gavrila · 01.11.2019 · 15:36 · 1 min
SIF Moldova Profit Grows 81%, to RON112.8M in Jan-Sept
Capital Market

SIF Moldova Profit Grows 81%, to RON112.8M in Jan-Sept

Regional investment fund SIF Moldova (SIF2.RO), with stakes in Banca Transilvania, Romgaz and Transgaz, Reported on Thursday a net profit of RON112.8 million for the first nine months, up 81...

Oana Gavrila · 31.10.2019 · 14:40 · 1 min
OMV Petrom Net Profit Grows 3% YoY To RON2.8B In Jan-Sept 2019
Companies

OMV Petrom Net Profit Grows 3% YoY To RON2.8B In Jan-Sept 2019

OMV Petrom (SNP.RO), the largest Romanian oil and gas company, on Wednesday reported consolidated sales of RON18.2 billion for the first nine months of 2019, up 13% on the year, and a net pr...

Ecaterina Craciun · 30.10.2019 · 11:14 · 2 min
Orange Romania Turnover Drops 2.8% in 3Q, to EUR279M
Companies

Orange Romania Turnover Drops 2.8% in 3Q, to EUR279M

Orange Romania, one of the leading telecom operators in Romania, posted a turnover of EUR279 million in the third quarter of 2019, down 2.8% on the year, on lower demand for equipment, it sa...

Oana Gavrila · 29.10.2019 · 13:03 · 1 min
Prodplast Turnover Grows 63% in 1H/2019, to RON38M
Companies

Prodplast Turnover Grows 63% in 1H/2019, to RON38M

Plastic items manufacturer Prodplast (PPL.RO) reported a consolidated turnover of RON38 million in the first half of the year, up 63% compared with the same period of 2018.

Oana Gavrila · 30.09.2019 · 10:25 · 1 min
Credit Europe Bank Romania Posts Gross Profit of RON39M in 1H/2019
Banks-Insurance

Credit Europe Bank Romania Posts Gross Profit of RON39M in 1H/2019

Credit Europe Bank Romania, a member of Dutch financial group Credit Europe Bank, on Thursday said it registered a gross profit of RON39 million in the first half of the year, compared with...

Oana Gavrila · 22.08.2019 · 13:34 · 1 min
Patria Bank Switches to RON2.8M Profit in 1H/2019
Banks-Insurance

Patria Bank Switches to RON2.8M Profit in 1H/2019

Lender Patria Bank (PBK.RO), owned by Emerging Europe Accession Fund (EEAF), posted a net profit of RON2.8 million in the first half of 2019 from a net loss of RON23 million in the same peri...

Oana Gavrila · 19.08.2019 · 10:07 · 1 min
Transelectrica Net Profit Drops 69% in 1H, to RON30M
Energy

Transelectrica Net Profit Drops 69% in 1H, to RON30M

Romanian state-run power grid operator Transelectrica (TEL.RO) on Wednesday reported a net profit of RON30 million for the first half of the year, down 69% on the year, while revenues declin...

Oana Gavrila · 14.08.2019 · 14:59 · 1 min