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Energy

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...

Ecaterina Craciun · 14.05.2012 · 11:40 · 1 min
Capital Market

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...

Ecaterina Craciun · 14.05.2012 · 11:07 · 1 min
Companies

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...

Radu Bostan · 11.05.2012 · 19:19 · 1 min
Capital Market

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,...

Radu Bostan · 11.05.2012 · 19:08 · 1 min
Automotive

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...

Ioana Tudor · 11.05.2012 · 18:34 · 1 min
Companies

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...

Radu Bostan · 11.05.2012 · 18:18 · 1 min
Rompetrol Rafinare 1Q Loss Widens To $62.7M
Energy

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...

Bogdan Neagu · 11.05.2012 · 18:04 · 1 min
TMK-Artrom Slatina 1Q Net Profit Falls To RON16.4M
Companies

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...

Ioana Tudor · 11.05.2012 · 18:03 · 1 min
Capital Market

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.

Bogdan Neagu · 11.05.2012 · 17:40 · 1 min