Companies
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.
UCM Resita Loss Widens To RON88M In 2011
Romanian engine manufacturer UCM Resita (UCM.RO) Wednesday said its net loss widened 37.7% to 87.9 million lei (EUR20.7 million) in 2011, from RON63.8 million in the previous year.
Aerostar Bacau 2011 Net Profit Stagnates At RON11.6M
Plane construction and repair firm Aerostar Bacau (ARS.RO) on Wednesday reported a net profit of 11.61 million lei (EUR2.67 million) for 2011, compared to RON11.27 million in 2010.
Fund Managers Were Too Busy With Reviews In January To Attract EU Funds
The heads of management authorities in charge of drawing EUR19.7 billion in EU funds come with different arguments when it comes to explaining why no payments were made in January: some say...
Leasing And Consumer Finance Companies Cut Portfolios By EUR1B In Two Years
Lending granted by non-bank financial institutions (NBFIs) included in the special register of the Romanian central bank narrowed by 14% in the past two years and reached 29.4 billion lei (E...
Romania Redistributes EUR172.8M In Regional Operational Program, With EU Permission
Romania's Ministry of Regional Development and Tourism has redirected EUR172.85 million, initially earmarked for the rehabilitation of polluted industrial sites, to other areas of the Region...
TMK-Artrom Swings To RON67.5M Profit In 2011
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, swung to a net profit of 67.5 million lei (EUR16 million) in 2011, from a loss of roughly RON11 million a y...
VES Sighisoara Switches To RON3M Loss In 2011
Romanian enameled cookware manufacturer VES Sighisoara (VESY.RO) Tuesday said it has switched to a loss of 2.9 million lei (EUR0.66 million) in 2011, versus profit a year earlier, hit by a 1...
Romanians Remain Pessimistic About Economic Outlook - Survey
Romanians remain pessimistic about the country’s economic outlook for the next twelve months, but consumers are more inclined to open their purses than they were in the second half of 2011,...