Tag: profit (78 articles)

Energy   |   27 February, 2026 at 10:00 AM

Hidroelectrica reports 20% profit drop in 2025

State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.

Finance   |   6 February, 2026 at 2:06 PM

BRD reports net profit hike of 6% in 2025

BRD Groupe Société Générale reported strong commercial performance in 2025, with net loans outstanding growing 13% year-on-year to RON 56.1 billion(€11.01 billion).

Finance   |   23 June, 2025 at 12:14 PM

Romania's net profit of banking system up 5% in 2024

The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.

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Industry

IT Hit partners with Druid AI to offer AI agent solutions

IT Hit, a Romanian IT services company specialising in ERP, CRM, and business management systems, has announced a reseller partnership with Druid AI, a provider of AI agents for higher education, healthcare, retail, banking, and insurance sectors.

Finance

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Monday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1998 lei, up 1.1% from the previous rate, recording a new historic high.