Capital Market
Mechel Targoviste 2011 Loss Shrinks 14% To RON133.4M
Steel processor Mechel Targoviste (COS.RO) reported a 14% year-on-year decrease in its loss for 2011, to 133.4 million lei (EUR), from RON155.1 million.
Alro Slatina 2011 Net Profit Up 44% On Year, To RON230M
Aluminum maker Alro Slatina (ALR.RO) reported a net profit of 230.05 million lei (EUR54.2 million) for 2011, up 43.9% from RON159.78 million in the previous year.
Rompetrol Rafinare Net Loss Widens 27% To $252.5M In 2011
Rompetrol Rafinare (RRC.RO) on Wednesday reported a consolidated turnover of $4.812 billion, up 35% on the year, while its net loss widened by some 27%, to $252.5 million.
SIF Banat-Crisana Posts 25% Hike In 2011 Revenue, To RON141.75M
Regional investment fund SIF Banat-Crisana (SIF1.RO) on Wednesday reported a revenue of 141.75 million lei (EUR33.4 million) for 2011, up 24.8% from RON113.51 million in 2010, backed by the...
Carbochim Net Profit Drops To RON1.5M In 2011
Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO) on Wednesday reported a net profit of 1.5 million lei (EUR0.34 million) for 2011, down from RON2.1 million in the previous year.
Bucharest Stocks Close Down, Focus Stays On Investment Funds
The Bucharest bourse closed down Wednesday, decoupled from foreign markets, with two thirds of the turnover coming from transactions with shares of the main investment funds.
Leu Continues To Trade In Narrow Range Vs Euro
Romania’s leu continued to trade in a tight range against the euro for the third day in a row Wednesday and closed flat on the day at 4.348/4.3495 units, at the end of a calm session.
Mechel Suspends Production At Two Romanian Plants Over Bad Weather
Russian group Mechel on Wednesday announced it has temporarily shut down the Mechel Campia Turzii and Ductil Steel Buzau plants in Romania, following problems in raw material supply, caused...
Comelf Bistrita 2011 Net Profit Up 77% On Year
Romanian industrial equipment maker Comelf Bistrita (CMF.RO) Wednesday reported a net profit of 923,006 lei (EUR212,000) in 2011, up 77% from around RON521,000 a year earlier.