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earnings

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Transelectrica Profit Triples in 2018, to RON89M
Energy

Transelectrica Profit Triples in 2018, to RON89M

Romanian state-run power grid operator Transelectrica (TEL.RO) on Friday reported a net profit of RON89 million, triple compared with 2017, despite a drop of 11% in total revenue, to RON2.7...

Oana Gavrila · 15.02.2019 · 11:41 · 1 min
Romgaz Posts 9% Hike in Turnover, Net Profit Declines in 2018
Energy

Romgaz Posts 9% Hike in Turnover, Net Profit Declines in 2018

Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Friday reported a consolidated turnover of RON5 billion for 2018, up 9% on year, while its net profit declined to RON1.4 bill...

Oana Gavrila · 15.02.2019 · 10:22 · 1 min
Aerostar Bacau Net Profit Grows 50% in 2018, to RON79.9M
Companies

Aerostar Bacau Net Profit Grows 50% in 2018, to RON79.9M

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) on Thursday reported a 50% growth in net profit for 2018, to RON79.9 million, and a turnover of RON353 million, up 3.89...

Oana Gavrila · 14.02.2019 · 10:49 · 1 min
Oil Terminal Posts 93% Drop in Net Profit in 2018
Energy

Oil Terminal Posts 93% Drop in Net Profit in 2018

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO), majority owned by the Romanian state, posted a 93% annual drop in net profit in 2018, tyo RON318,000, the company said...

Oana Gavrila · 13.02.2019 · 11:07 · 1 min
KMGI Posts $86M Net Profit in 2018, Plans to Start Building Petromidia Cogeneration Plant
Energy

KMGI Posts $86M Net Profit in 2018, Plans to Start Building Petromidia Cogeneration Plant

KazMunayGas International (KMGI) plans to start the implementation of projects for the construction of a cogeneration plant at the Petromidia refinery in 2019 and to expand its retail networ...

Oana Gavrila · 06.02.2019 · 13:38 · 2 min
Agricola Group Posts 10% Turnover Growth in 2018, to RON737M
Retail&Consumer

Agricola Group Posts 10% Turnover Growth in 2018, to RON737M

Meat processor Agricola Group had a total turnover of approximately RON737 million in 2018, up 10% on the year, the company said Tuesday.

Oana Gavrila · 05.02.2019 · 17:31 · 1 min
VIG Posts EUR72.2M Loss in Romania in Jan-Sept
Companies

VIG Posts EUR72.2M Loss in Romania in Jan-Sept

Austria's Vienna Insurance Group (VIG), which controls companies Omniasig, Asirom and life insurer BCR Asigurari de Viata in Romania, on Wednesday posted a pre-tax loss of EUR72.2 million fo...

Oana Gavrila · 28.11.2018 · 10:36 · 1 min
Libra Internet Bank Net Profit Grows to RON75M in Jan-Sept
Banks-Insurance

Libra Internet Bank Net Profit Grows to RON75M in Jan-Sept

Libra Internet Bank, a small lender with 1% share on the local market, on Thursday said its net profit grew to over RON75 million, 20% higher than its profit for the whole of 2017.

Oana Gavrila · 22.11.2018 · 11:31 · 1 min
Transelectrica Profit Grows 51% in Jan-Sept, to RON98M
Energy

Transelectrica Profit Grows 51% in Jan-Sept, to RON98M

Romanian state-run power grid operator Transelectrica (TEL.RO) on Thursday reported a net profit of RON98 million for January-September, 51% higher on the year.

Oana Gavrila · 15.11.2018 · 13:36 · 1 min