earnings
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Allianz-Tiriac Revenues Rose 6% In 1Q, To RON274.4M
Insurer Allianz-Tiriac had revenues of RON274.4 million from general and life insurance in the first quarter, up 6% on the year, and an operating profit of RON14.9 million, up 39% compared t...
VIG Underwrote Premiums Of EUR100.3M In Romania In 1Q, Up 21.7%
Vienna Insurance Group (VIG), which owns Asirom, Omniasig and BCR Asigurari de Viata in Romania, underwrote premiums of EUR100.3 million in the country in the first quarter, up 21.7% on the...
Biofarm Reports 37% Higher Net Profit in 1Q
Romanian medicine producer Biofarm (BIO.RO) reported a net profit of 13.6 million lei (EUR3 million) for the first quarter, up 37.3% from the year earlier period, on higher sales.
OTP Bank Romania Posts EUR1.3M Profit In 1Q
OTP Bank Romania, part of Hungarian group OTP, posted a net profit of HUF402 million (EUR1.3 million) in the first quarter, after a loss of HUF1.6 billion (EUR5.18 million) in the previous q...
Bancpost Owner Eurobank Posted EUR2.3M Profit In Romania In 1Q
Eurobank, owner of Bancpost, had a EUR2.3 million profit in Romania in the first quarter, after losses last year due to provisions covering non-performing loans, the Greek group said Friday.
Telekom Revenues In Romania Declined 7.7% In 1Q, To EUR241M
Telekom group's revenues in Romania declined 7.7% in the first quarter, to EUR241 million from EUR261 million in the first quarter last year, mainly due to lower termination rates enforced i...
UPC Romania Revenue Down 10.6% In 1Q, To $38.9M
Cable TV and telecom operator UPC Romania posted a 10.6% decline in revenue in the first quarter, to $38.9 million from $43.5 million in the first quarter last year, according to data releas...
Life Insurer NN Asigurari De Viata Underwritings Up 5% In 1Q, To RON153.4M
NN Asigurări de Viata (formerly ING Asigurări de Viata) underwrote gross premiums of RON153.4 million (EUR34.8 million) in the first quarter, up 5%,. as demand for unit-linked policies rose,...
E.ON Posts First-Quarter Profit Growth In Romania
German utility group E.ON registered growth in earnings before interests, tax, depreciation and amortization (EBITDA) in Romania in the first quarter, driven by higher distribution tariffs f...