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Transport Trade Services Ends H1 With RON572M Revenue
Capital Market

Transport Trade Services Ends H1 With RON572M Revenue

Danube freight carrier Transport Trade Services (TTS) recorded group-wide revenue of RON571.5 million in first half of 2023, 42% above the same period in 2022, it said it its first half fina...

Loredana Frățilă-Cristescu · 29.08.2023 · 19:04 · 1 min
Hidroelectrica Posts RON4B Net Profit In H1
Capital Market

Hidroelectrica Posts RON4B Net Profit In H1

Hidroelectrica (H2O.RO), Romania's largest electricity producer and the latest company to go public on the Bucharest Stock Exchange, posted almost RON4 billion net profit in the first half,...

Loredana Frățilă-Cristescu · 16.08.2023 · 22:33 · 1 min
Statistics Board: Romania’s Economy Grows 1.7% YoY In H1/2023
Macroeconomics

Statistics Board: Romania’s Economy Grows 1.7% YoY In H1/2023

Romania’s gross domestic product (GDP) grew by 1.7% in real terms (in unadjusted data) in the first half of 2023 compared to the same period of 2022, and by 2.8% in seasonally adjusted data,...

Ecaterina Craciun · 16.08.2023 · 14:28 · 1 min
Antibiotice Iasi Ends First Half With 83% Rise In Profit
Capital Market

Antibiotice Iasi Ends First Half With 83% Rise In Profit

Antibiotice Iasi (ATB.RO), the most important Romanian producer of generic drugs, recorded sales of RON315.9 million in the first half of 2023, a 27% increase compared with the first half of...

Loredana Frățilă-Cristescu · 14.08.2023 · 19:10 · 1 min
Alumil Rom Industry Revenue Up 6% To RON55.65M In H1
Capital Market

Alumil Rom Industry Revenue Up 6% To RON55.65M In H1

Aluminum accessories supplier Alumil Rom Industry (ALU.RO) posted RON55.65 million revenue from sales in the first half of the year, up 6% from RON51.5 million in the same period of 2022, th...

Loredana Frățilă-Cristescu · 14.08.2023 · 12:47 · 1 min
Electrical Cable Maker Iproeb Bistrita Sees Net Profit Up 18% To RON5.7M In H1
Capital Market

Electrical Cable Maker Iproeb Bistrita Sees Net Profit Up 18% To RON5.7M In H1

Iproeb Bistrita (IPRU.RO), one of the largest local manufacturers of electrical cables and conductors, ended the first six months of 2023 with RON5.74 million net profit, up 18.1% compared w...

Loredana Frățilă-Cristescu · 14.08.2023 · 09:38 · 1 min
OTP Bank Ends H1 With RON183M Consolidated Net Profit
Banks-Insurance

OTP Bank Ends H1 With RON183M Consolidated Net Profit

OTP Bank Romania recorded a consolidated net profit of RON183 million in the first half of 2023, driven by an increase in operating profit and positive credit risk costs, as the bank posted...

Loredana Frățilă-Cristescu · 10.08.2023 · 22:36 · 1 min
Travel Agencies See RON5B Revenue In 2022, RON1B More Than in 2019
Companies

Travel Agencies See RON5B Revenue In 2022, RON1B More Than in 2019

Travel agencies ended 2022 with RON5 billion revenue, a record high for the local market, Trade Register data show.

Loredana Frățilă-Cristescu · 09.08.2023 · 10:59 · 1 min
Battery Maker Rombat Bistrita Overshoots RON500M Revenue Mark In 2022
Automotive

Battery Maker Rombat Bistrita Overshoots RON500M Revenue Mark In 2022

Bistrita-based car battery manufacturer Rombat, controlled by the South African group Metair, posted about RON504.5 million (EUR102.3 million) revenue in 2022, up 3% from the RON488.6 millio...

Loredana Frățilă-Cristescu · 07.08.2023 · 21:31 · 1 min