Companies
Compa Sibiu Revenues Fell 12% To RON244.1M In 1H/2013
Romanian car parts manufacturer Compa Sibiu (CMP.RO) Monday reported 11.8% lower revenues on the year to 244.1 million lei (EUR55.1 million) in the first half of 2013, from RON276.9 million...
Teraplast Seeks RON15M Loan To Finance Activity
Romanian plastic systems maker Teraplast Bistrita (TRP.RO) wants to contract a loan of 15 million lei (EUR3.38 million) from Banca Transilvania to finance operations.
UAMT Oradea 1H Turnover Up 33% On Year, To RON66M
Romanian car parts maker UAMT Oradea (UAM.RO) on Monday said its turnover rose 33% on the year to 66 million lei (EUR14.9 million) in the first half of 2013, and its net profit advanced to R...
Laminorul Braila 1H Sales Down 80% On Year, To RON22.71M
Romanian metal and alloy maker Laminorul Braila (LMRU.RO) reported 80% lower sales on the year to 22.71 million lei (EUR5.1 million) in the first half of 2013, while its loss narrowed 60% to...
Adrem Invest 1H Turnover Up 27% On Year, To RON85.5M
Bucharest-based engineering company Adrem Invest on Monday said its turnover rose 27% on the year to 85.5 million lei (EUR19.5 million) in the first half of 2013 and is in talks over signing...
Investments Keep Falling: FDI Down 19% To Just EUR666M In First Half
Romanian foreign direct investment, or FDI, fell 19% to EUR666 million in the first six months, from RON826 million in the year-ago period, the central bank said Monday.
Allianz-Tiriac To Sell Mandatory Home Insurance Under Protocol With PAID
Insurer Allianz-Tiriac Asigurari has signed a collaboration protocol with the Pool of Insurance Against Natural Disasters (PAID), which allows it to distribute mandatory home insurance polic...
Tiriac’s Group Boasts Total Turnover Of Over EUR500M
Leonard Leca, the new chief executive of Tiriac Holding, has for the first time talked to Business Magazin magazine about the businesses he runs and about how businessman Ion Tiriac came to...
Financial Disaster For Private Universities
From a revenue of EUR100 million and a surplus of EUR48 million in 2008, Spiru Haret University saw its revenue fall to EUR32 million and its profit to EUR0.4 million last year.