earnings
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Agricover Credit IFN Financing Grew 30% Last Year, To RON837M
Agricover Credit IFN, the lending division of Agricover group, gave loans amounting to RON837 million (EUR188.5 million) in 2014, up 30% on the year, mainly funding working capital, and post...
Boromir Switched To Profit In 2014, Turnover Grew 12.6%
Boromir Prod Buzau (SPCU.RO) had a 12.6% growth in turnover last year, to RON103.2 million (EUR23.2 million), and posted a profit of RON3.7 million (EUR850,000), the company said Thursday, c...
Orange Romania Revenues Down 2.7% In 2014, To EUR909M
Revenues of telecom operator Orange Romania declined 2.7% on the year in 2014, to EUR909 million, due to lower termination rates, while its customer base grew by 95,000, to 10.531 million, t...
Electrica’s Net Profit Soars To RON280.5M In 2014
Romanian power distributor Electrica (EL.RO) Monday reported a net profit of 280.5 million lei (EUR63.2 million) for 2014, seven times higher than in the previous year, due to an improvement...
Electroputere Loss Narrows 62% In 2014, To RON25.5M
Romanian power transformers producer Electroputere Craiova (EPT.RO) reduced its loss last year by 62%, to RON25.57 million from RON67 million in 2013, as its revenue grew and its administrat...
Euroins Romania Underwritings Down 6.7% In 2014, To RON479M
Insurer Euroins Romania ended 2014 with underwriting revenues of RON479 million, down 6.7% on the year, as the company restructured its mandatory car insurance (RCA) portfolio, the company s...
Nuclearelectrica Net Profit Down 67% To RON137M In 2014
Romanian nuclear power producer Nuclearelectrica (SNN.RO) Monday reported a 67% drop in its net profit for the year 2014, following lower electricity sales and increased tax costs.
FP Posts RON502M Loss In January From Asset Reassessment
Fondul Proprietatea (FP.RO) registered a loss of RON502 million (EUR113 million) in January, following the reassessment of its equity portfolio under international reporting standards (IFRS)...
Biofarm Sales Rose 9.5% Last Year, To RON128.9M
Sales of pharmaceutical manufacturer Biofarm (BIO.RO) rose 9.5% last year, to RON128.9 million (around EUR29.1 million), while the company's net profit grew 2%, to RON26.1 million (EUR5.9 mi...