earnings
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Warehouse Developer WDP Revenues Grow 12.5% in 1H
Belgian warehouse developer WDP, which manages a portfolio of over 700,000 square meters of logistical spaces in Romania, posted revenues of EUR73 million in the first half, up 12.5% on the...
Lender BCR Posts RON20.8M Loss in 1H
Romanian lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, said Wednesday it registered a net loss of RON20.8 million (EUR4.4 million) in the first half due to exceptiona...
OMV Petrom Sales Grow 15% in 1H, Profit Grows 53%, to RON1.9B
OMV Petrom (SNP.RO), the largest Romanian oil and gas company, on Wednesday reported consolidated sales of RON11.32 billion for the first six months of 2019, up 15% on the year, and a net pr...
TeraPlast Group Turnover Grows 23% in 1H, to RON416M
TeraPlast Group, the largest Romanian producer of construction materials, posted a 23% growth in turnover in the first half of 2019, to over RON416 million, due to regional expansion, distri...
Orange Romania Turnover Drops 2.4% in 2Q, to EUR268.5M
Telecom operator Orange Romania registered a turnover of EUR268.5 million in the second quarter, down 2.4% on the year, due to lower interconnection fees for mobile voice calls and lower equ...
CEC Bank Posts Record Gross Profit in 2018 But Loses Market Share
Romanian state-owned lender CEC Bank on Monday reported a pre-tax profit of RON432.97 million for 2018, its best financial performance in 11 years, but its market share dropped to 6.51% at t...
Romanian Carmaker Dacia's Turnover Grows 5% in 2018, to EUR5.3B
Romanian carmaker Automobile Dacia, owned by France's Renault, had a turnover of EUR5.3 billion in 2018, up 5% on the year, and its net profit grew 40%, to EUR162 million, the highest profit...
VIG Underwritings in Romania Down 21% in 1Q, to EUR116M
Vienna Insurance Group on Wednesday reported gross underwritten premium of EUR115.9 million in Romania in the first quarter, down 21% on the year, mainly due to a drop in mandatory car insur...
Garanti Group Romania Posts RON38M Consolidated Net Profit in 1Q/2019
Garanti Group Romania, which consists of Garanti Bank, Garanti Leasing and Garanti Consumer Finance, recorded a consolidated net profit of RON38 million and reached total assets of RON12 bil...