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earnings

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OTP Bank Romania Posts 88% Growth in Net Profit in 2017
Banks-Insurance

OTP Bank Romania Posts 88% Growth in Net Profit in 2017

OTP Bank Romania, part of Hungary's part of OTP Group, posted a profit of RON44.85 million after tax in 2017, up 88% compared with 2016, and its operating profit grew 12% on higher revenue,...

Oana Gavrila · 07.03.2018 · 15:11 · 1 min
Romanian Lender BCR Net Profit Falls 39.5% in 2017, to EUR120.7M
Banks-Insurance

Romanian Lender BCR Net Profit Falls 39.5% in 2017, to EUR120.7M

Romania's largest lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, had a net profit attributable to shareholders of EUR120.7 million in 2017, down 39.5% on the year, Ers...

Oana Gavrila · 28.02.2018 · 13:57 · 1 min
Transelectrica Profit Falls 90% in 2017, to RON26M
Companies

Transelectrica Profit Falls 90% in 2017, to RON26M

Romanian state-run power grid operator Transelectrica (TEL.RO) reported a profit of RON26 million for 2017, down 90.3% compared with RON272 million in 2016, mainly due to the decrease of tar...

Oana Gavrila · 16.02.2018 · 10:00 · 1 min
Rompetrol Rafinare Posts $22M Consolidated Net Profit in 2017
Companies

Rompetrol Rafinare Posts $22M Consolidated Net Profit in 2017

Rompetrol Rafinare, owned by KMG International, posted a consolidated net profit of approximately $22 million, on the backdrop of historical output records by its Petromidia Navodari and Veg...

Oana Gavrila · 16.02.2018 · 08:36 · 1 min
Oltchim Profit Grows 75% in 2017, to RON45.6M
Companies

Oltchim Profit Grows 75% in 2017, to RON45.6M

Romanian state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) on Thursday reported a 75% growth in net profit for 2017, to RON45.6 million, from RON26 million reported in 2016.

Oana Gavrila · 15.02.2018 · 13:43 · 1 min
Companies

Nuclearelectrica 2017 Profit Grows 172%, to RON303M

Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, on Thursday said its net profit grew 172% in 2017, to RON303 million from RON...

Oana Gavrila · 15.02.2018 · 13:32 · 1 min
Romgaz 2017 Profit Grows 82%, to RON1.8B
Companies

Romgaz 2017 Profit Grows 82%, to RON1.8B

Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Thursday posted a net profit of RON1.8 billion for 2017, 82% higher compared with 2016.

Oana Gavrila · 15.02.2018 · 13:25 · 1 min
Electrica Posts 3% Drop in Net Profit in 2017, to RON257M
Companies

Electrica Posts 3% Drop in Net Profit in 2017, to RON257M

Romanian energy utility Electrica (EL.RO), 48.78% owned by the Romanian state, on Thursday reported a 3% drop in net profit for 2017, to RON257 million.

Oana Gavrila · 15.02.2018 · 12:58 · 1 min
Transgaz Net Profit Grows 1.3% in 2017, to RON602M
Companies

Transgaz Net Profit Grows 1.3% in 2017, to RON602M

Romanian state-owned gas pipeline operator Transgaz (TGN.RO) on Thursday reported a net profit of RON602 million for 2017, 1.3% higher compared with a net profit of RON593 million reported i...

Oana Gavrila · 15.02.2018 · 12:53 · 1 min