OMV Petrom posted its results for January – December 2019, with its profit dropping 11 percent to 3.6 billion RON. Consolidated sales for 2019 amounted to 25.4 billion RON, an increase of 13% compared to 2018, driven by higher sales […]
OMV Petrom posted its results for January – December 2019, with its profit dropping 11 percent to 3.6 billion RON. Consolidated sales for 2019 amounted to 25.4 billion RON, an increase of 13% compared to 2018, driven by higher sales […]
Transelectrica posted in the first semester of 2019 a gross profit of 35 million lei, in the context of a gross annual profit budgeted of 20 million RON. Transelectrica officials claim: “In the 1st Semester of 2019, Transelectrica registered an […]
Nuclearelectrica posted a net profit of 290.6 million RON in the first six months of this year, an increase of 59.4 percent compared to the same period of last year, according to financial data reported to the Bucharest Stock Exchange. […]
Vienna Insurance Group announced its financial results for the first quarter of 2019. Profit (before taxes) amounts to 127.5 million Euro. This implies an 8.7 percent year-on-year increase. The Austria, Slovakia and Poland segments made particularly large contributions to the […]
Garanti Group Romania registered a consolidated net profit of 140.3 million RON in 2018, reaching an asset size of 11.79 billion RON. On solo basis, Garanti Bank posted a net profit of 113.3 million RON. The bank’s business strategy of […]
CE Oltenia has budgeted revenues of 3.913 billion RON and expenses of 3.912 billion RON, resulting in a gross profit of one million RON for this year, according to the draft budget of revenues and expenditures, published by the Ministry […]
OTP Bank Romania announced an after-tax profit of 55.3 million RON in 2018. The bank registered a profit increase of 25% compared to 2017, as a result of a better operational profit. The Romanian’s appetite for deposits grew in 2018, […]
Banca Transilvania, the main lender of the Romanian economy, posted a net profit of 1.21 billion RON in 2018, up by 2.8% y-o-y. This figure includes the Bancpost integration expenses, accordin to BT’s preliminary financial results. The bank’s operating profit has rose […]
Sphera Franchise Group reports consolidated sales amounting to RON 771 million for the year 2018, representing a 24.6% increase compared to the pro forma sales of the previous year. The main drivers of this performance were the growth in sales […]
Digi Communications, the parent company of RCS & RDS, had consolidated revenues of 1.03 billion Euro in 2018, up by 13.3 percent from 2017. Adjusted EBITDA was 324.6 million Euro, including the results of Invitel (Hungary), with a 12.9 percent […]