Capital Market
Condmag 1Q Turnover Up 31% To RON15.2M, Loss Widens 58% To RON7.1M
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) on Monday reported a 31% increase in turnover to 15.2 million lei (EUR3.5 million) and a 58% rise in loss to RON7.1 million (EUR1.6 m...
Electroputere Reports 44% Rise In 1Q Turnover To RON36.43M, Keeps Posting Loss
Romanian electric engine maker Electroputere Craiova (EPT.RO) reported a 43.9% increase in turnover to 36.43 million lei (EUR8.3 million) in the first quarter of 2012, but it continues to po...
Teraplast Switches To Loss In 1Q 2012
Romanian construction systems maker Teraplast (TRP.RO) reported turnover of 37.5 million lei (EUR8.47 million) in the first quarter, 1.4% lower on the year, and losses of RON2.9 million, fro...
SSIF Broker Profit Up 86% In 1Q 2012, To RON4.25M
Romanian brokerage house SSIF Broker (BRK.RO) reported net profit up by 86% in the first quarter of 2012, to 4.25 million lei (EUR960,000), but its turnover dropped by almost 11%, to RON843,...
UAMT Oradea 1Q Sales Up 22.8% To RON24.3M
Romanian car parts maker UAMT Oradea (UAM.RO) Friday said its turnover climbed 22.8% in the first quarter to 24.33 million lei (EUR5.5 million) from RON19.81 million in the same interval a y...
Romcarbon Switches To RON1M Loss In 1Q '12
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) Friday said it turned to a net loss of 1 million lei (EUR0.22 million) in the first three months, compared to a net profit of RON...
Rompetrol Rafinare 1Q Loss Widens To $62.7M
Romanian oil company Rompetrol Rafinare (RRC.RO), part of The Rompetrol Group, Friday reported a first-quarter net loss of $62.7 million, much larger than $11.3 million in the year-earlier p...
TMK-Artrom Slatina 1Q Net Profit Falls To RON16.4M
Romania’s TMK-Artrom Slatina (ART.RO), a unit of Russian steel pipe maker TMK, Friday said its net profit decreased to 16.4 million lei (EUR3.7 million) in the first quarter, from RON41 mill...
Bucharest Bourse Closes Down, Energy Stocks Sink Further
The Bucharest stock exchange closed down Friday, as several stocks posted significant declines in the ex-dividend date, with the energy sectior taking the hardest hit.