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BCR returns to profit

BCR, the biggest local financial group, ended the first quarter with a modest net profit, 76.1 million lei (about 18 million euros), with the persistent difficult economy showing in the final result, which accounts for less than one third of the income in corr...

Liviu Chiru · 28.04.2011 · 23:54 · 1 min
ZF English

With more clients and falling loans Piraeus preserves profit

Piraeus Bank, the domestic subsidiary of a top Greek financial group, last year generated 25m-euro gross income, flat from 2009.

Liviu Chiru · 24.03.2011 · 23:42 · 1 min
ZF English

CEC posts 89m RON gross income after the first nine months, up 62%

CEC Bank, the only state-owned top bank, in the first nine months of this year reached an 89m RON gross income (the equivalent of 21.3m euros), up 62% from a year ago.

Ciprian Botea · 23.11.2010 · 23:01 · 1 min
ZF English

One company brings half of VIG's turnover and income

Austria's Vienna Insurance (VIG) group, leader of the Romanian insurance market, with four companies in its portfolio, last year derived 24.2m-euro gross income, down 58% from 2008, accordin...

Angela Placinta · 31.03.2010 · 23:04 · 1 min
ZF English

10 million-euro income for five OMV execs in 2009

The executives running the OMV petroleum group, the shareholder of the biggest company in Romania collected more than 10 million euros as salaries, bonuses and benefits, the company’s repo...

Alina Pahoncia · 31.03.2010 · 23:02 · 1 min
ZF English

La Fantana: Cost cuts drive operating income up 13%

La Fantana saw its operating income go up by 13%, despite an 8% sales decline in the first nine months of this year, as the company slashed distribution costs and dropped training programmes...

Mihaela Popescu · 26.10.2009 · 21:00 · 2 min
ZF English

Sale of Asiban drives Banca Transilvania's profit up to 108 million euros

Banca Transilvania (TLV), the biggest private Romanian-controlled bank, posted 396.62 million RON (108 million euros) net profit in the first nine months of the year, a figure that includes...

Andrei Chirileasa · 05.10.2008 · 18:37 · 2 min
ZF English

Carrefour Romania doubles operating income to 14.8m euros in H1

Carrefour Romania, the largest player on the hypermarket segment, in terms of turnover, doubled its operating income in the first half of the year compared with the same time in 2007, to 14....

Ziarul Financiar · 02.09.2008 · 20:23 · 1 min
PRO TV posts 38.3m-dollar operating income in Q2
ZF English

PRO TV posts 38.3m-dollar operating income in Q2

The company's turnover amounted to 79.84 million dollars, compared with 52.22 million dollars in the second quarter of 2007- a 53% increase. This puts PRO TV's profit margin at almost 48%. I...

Angela Placinta · 31.07.2008 · 19:02 · 2 min