earnings
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Raiffeisen Bank Net Profit Grows 74% in 1H, to RON432M
Lender Raiffeisen Bank on Thursday reported a net profit of RON423 million for the first half of the year, up 74% compared with the first half of 2017, driven by lending growth.
Hidroelectrica Posts 34% Growth in Net Profit in 1H, to RON962M
Romanian state-run hydropower generator Hidroelectrica reported a net profit of RON962 million for the first half of 2018, up 34% compared with the same period last year, the company said Tu...
BRD-Soc Gen Posts RON767M Net Profit in 1H/2018
BRD-Soc Gen, the third largest bank on the local market by assets, on Thursday reported a net profit of RON767 million for the first half of 2018, up 2.2% compared with the same period last...
Romanian OMV Petrom Posts RON1.7B Operating Profit in 1H/2018
Romania's largest oil and gas company OMV Petrom (SNP.RO), controlled by Austria's OMV, on Thursday reported a net profit of RON1.7 billion for the first half of 2018, similar to the profit...
Romanian Lender BCR Net Profit Grows Slightly in 1H/2018, to RON697M
Romania's largest lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, said Tuesday its net profit grew 1.5% in the first half of the year, to RON697 million.
BCR Group Net Profit Attributable to Majority Shareholder Doubles in 1H, to EUR122.5M
Austrian group Erste, the majority shareholder of Banca Comerciala Romana (BCR), said Tuesday it posted an operating profit of EUR137 million in Romania in the first half of 2018, down 9.2%...
Garanti Group Posts RON78.8M Net Profit in 1H/2018
(Corrects an earlier version of this story to clarify 6.16% NPL rate as market average in fifth paragraph, adds details.)
Rompetrol Owner KMG International Posts 70% Growth in Net Profit in Q1/2018
KMG International, owner of Romanian oil company Rompetrol, increased its operational and financial results in the first quarter due to development in trading and retail activity related to...
CBRE Profit Grows 50% in 2017, to EUR1.5M
Real estate consultancy firm CBRE reported revenues of EUR12.6 million for 2017 and a 50% rise in net profit to around EUR1.5 million, the company said Monday.