Enel: Net profit from current activities of the Enel group increased by 9% in the first nine months
The Enel Group’s net profit from current operations increased by 9% in the first 9 months compared to the same…
Teletrans turned into profit in H1, after closing 2019 in red
Teletrans results for the first half (H1) of this year are remarkable, the company managing to achieve a positive financial…
Transgaz posted an 18% increase in net profit in the first half of the year
Transgaz, the national gas carrier, registered in the first half of this year a net profit of 231 million lei,…
Nuclearelectrica reports a net profit up 18% in H1
Bogdan Tudorache Nuclearelectrica obtained, in the first half (H1), a net profit of 343.2 million lei, up by 18.1% compared…
Electrica Group’s profit increases by 74% in H1
The Electrica Group obtained, in the first half of 2020 (H1), a consolidated net profit of RON 190 million, registering…
BMW Group reaffirms outlook for full year 2020, profit of about 500 mln. EUR for H1
The BMW Group remains on course towards achieving its targets for the full year, says the company. After implementing controlled…
OMV Petrom’s profit fell by 56% in the first half of the year
OMV Petrom’s net profit in the first half of the year was of 867 million lei, down 56% compared to…
Enel has given up the sale of Romanian assets
The Italian group Enel, the largest foreign investor on the domestic electricity market, has given up its intention to sell…
Romgaz’s turnover decreased by 16.5% in Q1, profit increased
The Romgaz Group registered in the first quarter of 2020 (Q1) a turnover of 1,430.3 million lei, decreasing by 16.51%,…
Electrica Group ended the first quarter with a consolidated net profit of 80 million lei
Electrica Group obtained, in the first quarter of 2020, a consolidated net profit of 80 million lei, registering an increase…
Transgaz profit increased by 5% in Q1
Transgaz’s net profit increased by 5% in the first quarter (Q1) of this year, reaching 201.8 million lei, the reduction…
Electrica, affected by legislation and declining demand
Bogdan Tudorache The COVID-19 pandemic affects Electrica on two levels – through lower electricity demand and negative impact of the…
Transgaz distributes 52% of net profit as dividends
The company that operates the national natural gas transmission system, Transgaz, will distribute a gross dividend of 15.47 lei/ share.…
Oil Terminal decided to distribute 50% of last year’s profit to shareholders
The shareholders of Oil Terminal (OIL) decided to distribute 50% of last year’s profit, respectively 1.13 million lei, according to…
Electrica posted net profit down 13.5% for 2019
Electrica SA reported an individual net profit (preliminary and unaudited) decreasing by 13.5% in 2019 compared to 2018, to 257.7…
TeraPlast Group announces an EBITDA up by 41% and a turnover higher by 21%
The TeraPlast Group, the largest Romanian manufacturer of construction materials, registered an increase of 21% in turnover, for 2019, compared…
Oil Terminal – profit almost nine times higher than in 2018
Oil Terminal, the operator of the Black Sea oil terminal, reported a preliminary net profit of 2.42 million lei for…
Transelectrica’s profit, up 28% in 2019
Transelectrica’s profit registered an increase of 28% in 2019, to 104.4 million lei, according to the preliminary financial report. The…
Transgaz loses 435 mln. lei in operating revenues in 2020, profit decreases by 65%
Bogdan Tudorache Transgaz proposes to shareholders to approve, at the general meeting (GSM) of March 4, a budget of revenues…
Conpet has budgeted for 2020 revenues of 460 million lei and a profit of 55.4 million lei
Conpet Ploieşti, a national oil carrier owned by 58.7% of the Romanian state, has budgeted a net profit of 55.4…
Transelectrica has appointed a new provisional member in the Supervisory Board
The Supervisory Board of the National Electricity Transport Company Transelectrica announced that it decided in its Monday meeting to appoint…
Gazprom profits slump 45% on lower gas prices
Russia’s gas giant Gazprom suffered a 45 per year-on-year drop in its net profit in the third quarter of 2019…
Transelectrica’s profit decreased by 25% in the first 9 months
The National Electricity Transport Company Transelectrica ended the first nine months of this year with a net profit of 74…