ELCEN’s profit up 83% to 36 million euro in H1
Electrocentrale Bucuresti S.A. (ELCEN) company, insolvent since October 2016, recorded in the first six months of 2017 a 165 million…
CEZ firms up 2017 profit outlook after MOL stake boost
Czech electricity producer CEZ on Thursday firmed up its net profit forecast for 2017, getting nearly the full amount that…
Transelectrica estimates a 145.9 million lei profit in 2017, halved from that of 2016
Transelectrica, the transport and system operator on the electricity market in Romania, estimates for this year a net profit of…
Net income declined (23%) in Rompetrol Rafinare, while the operating profit climbed by 62%
Depressed prices for oil products impacted seriously the net profit made in 2016 by Rompetrol Rafinare, a company member of…
Exxon Mobil badly misses on earnings, takes $2 billion impairment
Exxon Mobil badly missed earnings forecasts on Tuesday as it took a $2 billion impairment charge, mostly due to the…
KMG: EBITDA profits up 6% at nine months
KMG International increased in the first nine months of this year the refining and fuel distribution activities in the Black…
Electrica: Operating profit up 12% at 9M, in spite of 7% cut in supply price
The amount of electricity supplied by Electrica increased by 6.7% in the first nine months of the year (9M), and…
Oil Terminal, net profit down 5% at 9M
Oil Terminal, the company that operates the oil terminal in Constanta, recorded in the first nine months of this year…
Petrom’s profit drops 11% at 9M
Petrom recorded a net profit of 473 million lei in the third quarter of 2016 compared to a loss of…
Transelectrica drops profits 33% on halved exports
The grid operator Transelectrica (TEL) announced yesterday at the Bucharest Stock Exchange a lower net profit by 33.4%, as tariffs…
Electrica: Net profit up 21% in H1 due to increased supply
Electrica Group registered in the first half of 2016 a consolidated net profit of 336 million lei, up by 59…
Alro reported an adjusted net profit of RON 113 million as a result of cost cutting and increase of income
Alro S.A, one of the largest aluminum producers in Central and Eastern Europe, announced its financial results, in accordance with…