Translator RO-EN
Andrei Cîrchelan
- Fields
- Capital Market, Energy, Real Estate
- Writing for ZF since
- 2011
- Articles
- 1.882
Fondul Proprietatea Jan Profit Triples On Year, To RON3.69M
Investment fund Fondul Proprietatea (FP.RO) reported a net profit of 3.69 million lei (EUR0.85 million) in January, compared to little over RON1 million in the same month of the previous yea...
Aerostar Bacau 2011 Net Profit Stagnates At RON11.6M
Plane construction and repair firm Aerostar Bacau (ARS.RO) on Wednesday reported a net profit of 11.61 million lei (EUR2.67 million) for 2011, compared to RON11.27 million in 2010.
Flanco 2011 Sales At EUR110M, Up 37% On Year
Romanian electronics retailer Flanco on Tuesday said it has posted sales of EUR110 million in 2011, up 37.5% on the year, while the operating profit reached EUR3.5 million.
Bucharest Stocks Close Down, SIFs Stay Afloat
The Bucharest bourse closed Tuesday with a minor decrease, but the five regional investment funds, or SIFs, managed to stay in the green.
Farmec Cluj-Napoca Reports RON111M Sales For 2011, Up 16% On Year
Romanian cosmetics maker Farmec Cluj-Napoca on Tuesday reported a 15.6% year-on-year increase in its 2011 sales, to 110.9 million lei (EUR26.2 million).
Oil Terminal Cuts Working Hours, Salaries
Management at Romanian state-owned harbor operator Oil Terminal (OIL.RO) decided to reduce working hours to four days per week, coupled with pay cuts, in order to cut costs.
Octagon Contracting&Engineering 2011 Sales Down 13% To EUR12.5M
Romanian constructions firm Octagon Contracting & Engineering on Tuesday reported sales of EUR12.5 million for 2011, down 13% on the year, but the net profit increased by 23%, to EUR581,000.
Compa Sibiu Posts RON17.2M Net Profit For 2011, Up 81% YY
Romanian car parts maker Compa Sibiu (CMP.RO) posted a net profit of 17.2 million lei (EUR3.95 million) for 2011, up 81% from RON9.51 million in the previous year, according to preliminary r...
Government Enacts Decision Stating Potential Electricity Crisis Measures
The Government on Tuesday approved the decision allowing power grid operator Transelectrica (TEL.RO) to temporarily halt electricity exports and limit industrial consumption in critical situ...
Bucharest Stocks Open Up, On Sturdy Trading
The Bucharest bourse opened Tuesday with a minor increase, on solid trading, with investors focusing on the main investment funds.
Alumil Posts 71% Jump In 2011 Profit, To RON3.6M
Aluminum systems maker Alumil Rom Industry Bucuresti (ALU.RO) on Monday posted a 71% year-on-year increase in its 2011 net profit, to 3.6 million lei (EUR0.87 million), from RON2.1 million i...
Leu Opens Flat Vs Euro, In Quiet Market
The leu opened Tuesday roughly flat against the euro, on low traded volumes, while other currencies in the region were seeing a weakening trend.