Capital Market
Romania Pushes Proprietatea Fund Share Conversion Deadline To July 31
Romanian government decided that compensation rights held by property owners wrongfully expropriated during communism be converted into shares in investment fund Fondul Proprietatea (FP.RO)...
Romcarbon's Net Profit Doubles To RON3.3M In 1Q
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) Thursday reported net profit of 3.3 million lei (EUR0.8 million) in the first quarter, nearly double on the year.
SIF Muntenia Switches To Loss In 1Q On Higher Provisions
Romanian investment fund SIF Muntenia (SIF4.RO) Thursday said it switched to loss of 4 million lei (EUR947,000) in the first quarter, from profit a year earlier, due to higher provisions.
Electroarges 1Q Net Profit Rises To RON2.7M
Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) Thursday said its net profit rose 44% on the year to 2.71 million lei (EUR0.66 million) in the first quarter, on h...
Pipe Maker Condmag Switches To RON4.5M Loss In 1Q
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) on Thursday said it switched to a loss of 4.5 million lei (roughly EUR1.1 million) in the first quarter, from profit a year earlier,...
Dafora's Net Profit Falls To RON1.8M In First Quarter
Romanian drilling company Dafora Medias (DAFR.RO) Thursday said its net profit fell over threefold to 1.8 million lei (about EUR440,000) in the first quarter, from around RON6.3 million in t...
Alro 1Q Net Profit More Than Doubles To RON120.2M
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said its net profit more than doubled on the year to 120.24 million lei (EUR29.3 million) in the fi...
Alumil Rom Industry Swings To RON0.6M Net Profit In 1Q
Romanian aluminum processor Alumil Rom Industry (ALU.RO) Thursday said it swung to a net profit of around 595,000 lei (EUR145,132) in the first quarter, from a loss of RON306,000 in the year...
Bucharest Shares Close Down, Despite Last-Ditch Thrust For The Green
The Bucharest bourse closed Thursday slightly in the red, after staying deep in negative territory for most of the session, with investment fund Fondul Proprietatea (FP.RO) stocks recovering...