Automotive
Socep 1H Revenues Down 12% On Year To RON26.6M
Romanian port operator Socep Constanta (SOCP.RO) Wednesday said its revenues dropped 11.8% to 26.6 million lei (about EUR6 million) in the first half, from RON30.2 million in the similar int...
CFR Raises Train Ticket Prices By Up To 10% Starting September
Romania’s state-owned passenger railway company CFR Calatori on Tuesday said train ticket prices will be up to 10% higher starting September 1.
Fleet Management Services 1H Turnover Up 17% On Year, To RON8.3M
Operating leasing and car fleet management company Fleet Management Services (FMS) saw a 17% increase in turnover on the year in the first half of 2013, after concluding contracts of 8.3 mil...
ALB: Leasing Market Fell 16% On Year To EUR546M In 1H
The Romanian financial leasing market shrank 16% on the year to EUR546 million in the first half of 2013 due mainly to lower new car sales, according to association of financial companies AL...
Allianz-Tiriac 1H Net Profit Up 33%, To RON7.2M
Insurer Allianz-Tiriac Asigurari had revenues of RON464.6 million from general and life insurance premiums in the first half of the year, up nearly 1%, while its net profit rose 33.3%, to RO...
Romanian Highways Cost EUR3M - EUR23M/Km, Bulgarian Highways Cost EUR2M/Km
The most expensive highway section built in Romania in the past few years is Gilau-Campia Turzii-Turda, with an average cost per km of around EUR23 million, shows a ZF analysis based on data...
Orsova Shipyard 1H Loss Widens To RON3.35M
Romanian shipyard Santierul Naval Orsova (SNO.RO) reported loss of 3.35 million lei (EUR0.75 million) for the first half of 2013, from loss of RON0.385 million in the similar interval a year...
Tiriac’s Group Boasts Total Turnover Of Over EUR500M
Leonard Leca, the new chief executive of Tiriac Holding, has for the first time talked to Business Magazin magazine about the businesses he runs and about how businessman Ion Tiriac came to...
Vae Apcarom 1H Net Profit Doubles To RON1.46M
Romanian rolling stock maker voestalpine VAE APCAROM (APC.RO), owned by Austria's voestalpine, Thursday said its net profit halved on the year to 1.4 million lei (EUR0.3 million) in the firs...