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How Azomures Became One Of Romania’s Largest Companies
Energy

How Azomures Became One Of Romania’s Largest Companies

The increase in the price of chemical fertilizers worldwide has driven Azomures’ (AZO.RO) revenue over the EUR100 million per quarter mark, and the partial subsidies of the gas price helped...

Radu Bostan · 16.05.2012 · 00:00 · 3 min
Companies

Prodplast Swings To 1Q Profit Vs Year-Ago Loss

Romanian plastics producer Prodplast (PPL.RO) Tuesday said it has swung to a net profit of 1.1 million lei (EUR0.25 million) in the first quarter versus losses a year earlier, helped by a 37...

Florentina Dragu · 15.05.2012 · 14:34 · 1 min
Companies

Transilvania Constructii Switches To Loss In 1Q On Costs Increase

Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Tuesday reported a loss of about 870,000 lei (EUR196,000) in the first quarter of the year, versus a net profit o...

Ioana Tudor · 15.05.2012 · 14:33 · 1 min
Capital Market

Carbochim 1Q Revenue Down 15% To RON7.2M

Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO) on Tuesday reported a 15% drop in its first-quarter revenue to 7.2 million lei (EUR1.6 million) and its net profit fell from RON803,00...

Ecaterina Craciun · 15.05.2012 · 14:17 · 1 min
IT, Banking And Pharma Specialists Gain Highest Wages In Romania - Survey
HR

IT, Banking And Pharma Specialists Gain Highest Wages In Romania - Survey

Specialists in the IT, banking and pharmaceutical sectors gain the highest wages in Romania, but there are significant differences between medium and top manager positions, according to staf...

Ioana Tudor · 15.05.2012 · 13:03 · 1 min
Capital Market

Socep 1Q Turnover Slightly Up To RON13.8M

Romanian harbor operator Socep Constanta (SOCP.RO) reported a slight increase in its first-quarter turnover to 13.8 million lei (EUR3.10 million) and a 15% rise in net profit to RON2.3 milli...

Ecaterina Craciun · 15.05.2012 · 12:37 · 1 min
Companies

Mechel Targoviste 1Q Loss Widens To RON33.5M

Romanian steel maker Mechel Targoviste (COS.RO) Monday said its loss more than doubled to 33.5 million lei (EUR7.5 million) in the first three months, from RON12.6 million in the year-earlie...

Florentina Dragu · 14.05.2012 · 19:23 · 1 min
Companies

Laminorul Switches To RON4.3M Loss In 1Q

Romanian metal and alloy maker Laminorul Braila (LMRU.RO) Monday said it has switched to a loss of 4.3 million lei (EUR0.97 million) in the first quarter versus profit a year earlier, hurt b...

Florentina Dragu · 14.05.2012 · 18:21 · 1 min
Companies

Artego Targu Jiu 1Q Turnover Up 7.3% To RON48.5M

Rubber bands maker Artego Targu Jiu (ARTE.RO) reported turnover of 48.5 million lei (EUR11.1 million) in the first quarter of 2012, 7.3% higher on the year, while its profit climbed to RON2....

Radu Bostan · 14.05.2012 · 18:19 · 1 min