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Holcim Romania Cement, Clinker Sales Down 1% In 1H
Companies

Holcim Romania Cement, Clinker Sales Down 1% In 1H

Holcim Romania's sales of cement and clinker dropped 1% by volume in the first half of 2012, compared with the similar period of 2011, while prices increased by 1.2%, Swiss group Holcim anno...

Radu Bostan · 15.08.2012 · 13:41 · 1 min
Companies

Mechel Targoviste 1H Revenue Down 20% On Year, To RON492M

Romanian steel maker Mechel Targoviste (COS.RO) Friday said it posted 20% lower revenue to 492 million lei (EUR111.1 million) in the first half, from RON613.5 million a year ago.

Manuela Panescu · 14.08.2012 · 19:07 · 1 min
Capital Market

Romcarbon Posts Loss Of RON2.6M In 1H 2012

Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) reported losses of 2.62 million lei (EUR580,000) in the first six months of 2012, from net profit of RON21.86 million in the same...

Radu Bostan · 14.08.2012 · 18:32 · 1 min
TMK Artrom Posts 43% Lower Net Profit In 1H, At RON34M
Companies

TMK Artrom Posts 43% Lower Net Profit In 1H, At RON34M

Romanian pipe producer TMK Artrom Slatina (ART.RO), a unit of Russian steel and mining group TMK, Tuesday reported a net profit of 33.9 million lei (EUR7.7 million) for the first six months,...

Bogdan Neagu · 14.08.2012 · 17:55 · 1 min
Companies

Vrancart Adjud 1H Net Profit Up 67.7%, To RON2.55M

Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) Tuesday reported a net profit of 2.55 million lei (EUR580,000 million) for the first half of the year, up 67.7% from RON1.52 millio...

Manuela Panescu · 14.08.2012 · 17:46 · 1 min
Finance Ministry To Reevaluate 212 Projects Receiving RON36B From Budget
Social/Politics

Finance Ministry To Reevaluate 212 Projects Receiving RON36B From Budget

Romania's Finance Ministry has identified 212 investment projects, which receive a total of 36 billion lei (EUR8 billion) from the state budget but do not observe efficiency requirements, th...

Radu Bostan · 14.08.2012 · 16:01 · 1 min
Voinea: Romania Considers Extra Tax For Electricity, Gas Producers
Energy

Voinea: Romania Considers Extra Tax For Electricity, Gas Producers

Romanian electricity and natural gas producers may have to pay an extraordinary tax on the supplementary revenues obtained following price deregulations on the local market, an official of t...

Florentina Dragu · 14.08.2012 · 15:46 · 1 min
Romanian Railway Company Gets Three Bids For RON530M Line Upgrade
Automotive

Romanian Railway Company Gets Three Bids For RON530M Line Upgrade

Romania’s state-owned railway company CFR received three bids for the upgrade of a portion of railway part of the fourth pan-European transport corridor, an investment estimated at 530.5 mil...

Oana Gavrila · 14.08.2012 · 13:08 · 1 min
Companies

Transilvania Constructii 1H Net Profit Down 29% On Year

Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Tuesday reported a 29% lower net profit, to 317,472 lei (EUR70,000), from RON446,740 a year before, recovering th...

Manuela Panescu · 14.08.2012 · 12:38 · 1 min