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Banks-Insurance

Romanian Lender BCR Posts RON904.3M Profit in Jan-Sept

Romania's largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), Friday reported a net profit of 904.3 million lei (EUR203.6 million) in January-September, from a loss of RON2.42 b...

Oana Gavrila · 06.11.2015 · 10:34 · 1 min
Energy

Romanian OMV Petrom Net Profit Slumps Nearly 60% In Jan-Sept

OMV Petrom (SNP.RO), Romania’s largest oil and gas company, Thursday reported a net profit of 991 million lei (EUR223.1 million), 59% lower than in the same period last year.

Oana Gavrila · 05.11.2015 · 09:41 · 1 min
Romanian Lender BRD Posts RON110M Net Profit In 3Q
Banks-Insurance

Romanian Lender BRD Posts RON110M Net Profit In 3Q

Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) Thursday reported a net profit of 110 million lei (EUR24.7 million) for the third quarter.

Oana Gavrila · 05.11.2015 · 09:20 · 1 min
EximBank 1H Profit Up 26%, To RON40M, Assets Up 4%
Banks-Insurance

EximBank 1H Profit Up 26%, To RON40M, Assets Up 4%

Romania's state-owned EximBank posted a net profit of RON40 million in the first half of the year, 26% higher than in the same period last year as the bank expanded its portfolio and geograp...

Oana Gavrila · 24.08.2015 · 15:54 · 2 min
Zentiva 1H Turnover Up 4%, Profit Down 34%, To RON18M
Health

Zentiva 1H Turnover Up 4%, Profit Down 34%, To RON18M

Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi posted a net turnover of RON209 million (EUR47 million) in the first half of the year, up 4% from the same period l...

Oana Gavrila · 12.08.2015 · 12:28 · 1 min
CEZ Profit In Romania Declined To EUR65.5M In 1H
Energy

CEZ Profit In Romania Declined To EUR65.5M In 1H

The operating profit of Czech utility CEZ in Romania dropped 14% in the first half of the year, to CZK1.8 billion (EUR65.5 million), due to the negative effect of the suspension of green cer...

Oana Gavrila · 11.08.2015 · 14:37 · 2 min
Banks-Insurance

UniCredit Tiriac Bank 1H Profit Declines 7.5%, To RON84M

UniCredit Tiriac Bank group posted a consolidated net profit of RON106.8 million (EUR24 million) in the first half of the year, before minority interests, and the bank alone posted a profit...

Oana Gavrila · 10.08.2015 · 13:34 · 2 min
Banks-Insurance

BCR Posts EUR135.7M Profit In 1H After Provision Cost Cut

Romania’s largest lender BCR, a unit of Austria’s Erste Group Bank (EBS.RO), posted a net profit of RON603.4 million (EUR135.7 million) in the first half of the year, from a loss of RON276 m...

Oana Gavrila · 07.08.2015 · 09:20 · 1 min
Oltchim Turnover Grew 35% In January-April, To EUR54.8M
Companies

Oltchim Turnover Grew 35% In January-April, To EUR54.8M

Chemical plant Oltchim Ramnicu Valcea (OLT.RO) had a 35% growth in turnover in January-April, to EUR54.8 million, and posted a pre-tax profit of EUR4.2 million, form a loss of EUR11.7 millio...

Oana Gavrila · 27.05.2015 · 18:08 · 1 min