24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Altur Slatina 1Q Net Profit Rises 23% On Year
Romanian car parts maker Altur Slatina (ALT.RO) Thursday said its net profit rose 23% on the year to around 628,000 lei (approximately EUR154,000) in the first quarter, on higher sales.
Romania's Industrial Output Rises At 8th Fastest Pace In EU In March
Romania’s industrial production rose 7% on the year in March, the eighth biggest increase in the European Union, official data showed Thursday.
Proprietatea Fund Authorized To Invest In NYSE Stock
Romanian investment fund Fondul Proprietatea Wednesday said it has received approval from the securities commission CNVM to invest in companies listed on the New York Stock Exchange.
Egis 1Q Sales In Romania Up 2% To EUR4.2M
Hungary’s pharmaceutical company Egis Wednesday reported first quarter sales of EUR4.22 million in Romania, up 2% on the year, according to the company’s financial report.
Centrofarm Swings To RON1M Profit In 1Q
Romanian pharmaceuticals retailer Centrofarm (CEOF.RO) Wednesday said it swung to net profit of 1 million lei (around EUR245,000) in the first quarter, despite lower sales.
Oil Terminal Drops Plan To Cut Working Hours; Fires Staff Instead
Romanian cargo handler Oil Terminal Constanta (OIL.RO) has given up its plan to trim working hours to cut expenditure, saying it would lay off staff instead.
Romania Unlikely To Reach 2011 Budget Deficit Target - BRD
Romania’s recently adopted laws which aim at structural reforms are likely to improve long-term sustainability of public finances, but their short-term effect will probably be insufficient t...
Garanti Bank Romania Swings To Profit In First Quarter
Garanti Bank Romania on Wednesday said it switched to a net profit of EUR2.4 million in the first quarter, from losses in the same period a year earlier.
Azomures 1Q Net Profit Doubles To RON44.2M
Romanian chemical fertilizer maker Azomures (AZO.RO) Wednesday said its net profit doubled to 44.2 million lei (EUR10.8 million) in the first quarter, from RON22.6 million in the year-earlie...
BRD: Romania To Borrow EUR1.8B Via MTN Program in 2011
Romania's Finance Ministry will likely sell debt worth EUR1.8 billion via its planned medium term notes program in 2011, while the country’s full-year financing needs are estimated at around...
Leu Ends Flat Vs Euro In Quiet Market
Romania’s leu lost early gains versus the euro in late trade Wednesday, amid a quiet market, and closed flat on the day at 4.087/4.09 units.
Ernst&Young: Romania M&A Market At EUR270M In 1Q
Romanian mergers and acquisitions market reached EUR270 million in the first quarter, while total transactions stood at 46, according to Ernst&Young data.