Automotive
UAMT Oradea Profit Climbed To RON3M In 2012
Romanian car parts maker UAMT Oradea (UAM.RO) Thursday said its profit rose significantly last year to 3.1 million lei (EUR0.7 million), from RON0.54 million in 2011.
Compa Sibiu Net Profit Up 14% In 2012 To RON22.4M
Romanian car parts manufacturer Compa Sibiu (CMP.RO) Thursday said its net profit increased 14.4% last year to 22.47 million lei (EUR5 million), from RON19.63 million in 2011.
Socep 2012’s Net Profit Down 62% On Year To RON2.25M
Romanian harbor operator Socep Constanta (SOCP.RO) Thursday reported a 62% lower net profit in 2012, to 2.25 million lei (EUR0.51 million), from RON5.93 million a year before.
Aerostar Bacau Reports Net Profit Of RON15.1M In 2012
Romanian plane construction and repair firm Aerostar Bacau (ARS.RO) on Thursday reported net profit of 15.1 million lei (EUR2.6 million) in 2012, up by almost one third from RON11.6 million...
Romanian Government Eyes Changing Highway Lease Law
The Romanian Government aims to change the highway lease system so that the contract closed with the investor will state that should the investment not be recovered to the amount estimated f...
CNADNR Reorganization Brings Up Budget Distribution Issues
The split of the National Highways and Roads Company in Romania (CNADNR) into two entities brings up the way in which the money that the institution gets every year will be distributed. The...
Just One Bid Received For Romanian Port Operator IPO
Romania’s Transport Ministry has received just one bid from brokerage Swiss Capital for its planned initial public offering of 5% in the Constanta maritime port operator at the Black Sea.
Romanian Insurance Market Sees 5.8% Growth In 2012 After Three Years Of Decline
The Romanian insurance market posted 5.8% growth last year, to 8.27 billion lei (EUR188 million), after declining nearly 12% in 2009-2011, from RON8.87 billion to RON7.82 billion, the countr...
MOL Fuel Sales In Romania Up 4% In 2012
Hungary’s oil and natural gas company MOL said Tuesday it sold 469,000 tons of fuel in Romania last year, up 4% from 451,000 tons in 2011, driven by higher diesel fuel sales.