Companies
Oil Pipe Maker Condmag Eyes 5% Rise In 2011 Revenue, To RON210M
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) expects revenue of 210 million lei (EUR51.63 million) this year, up 5% from RON200.4 million in 2010, the company said Thursday in a...
Boc: Romania Wants To Install Private Management In All State-Run Companies
The Romanian Government is considering installing private management in state-run companies with a view to improving their activity, Prime Minister Emil Boc said Thursday.
Vimetco Reports $57.4M Net Profit In 2010 From Romanian Operations
Dutch group Vimetco, owner of Romanian smelter Alro Slatina (ALR.RO), posted a net profit of $57.4 million in Romania last year, up 19.5% from $48 million in 2009, according to financial res...
Bakery Firm Boromir Prod Eyes RON3.86M Net Profit In 2011
Romanian bread and pastry maker Boromir Prod Buzau (SPCU.RO) Thursday said it expects a net profit of 3.86 million lei (EUR949,000) this year, significantly higher than RON507,000 in 2010.
Compa Sibiu Sees 2011 Net Profit Rising 17.5% To RON11.2M
Romanian car parts maker Compa Sibiu (CMP.RO) expects a 17.5% increase in net profit to 11.2 million lei (EUR2.7 million) in 2011, on higher sales, the company said in a statement Thursday.
Mechel Targoviste Sees Narrower Loss In 2011
Romanian steel maker Mechel Targoviste (COS.RO) expects 2011 losses will narrow substantially, as revenues are seen growing by 36.7% to RON1.25 billion (EUR306 million).
Alum Tulcea Ups Capital To RON491.4M
Romanian calcined alumina producer Alum Tulcea (BBGA.RO) will increase its share capital by 22 million lei (EUR5.4 million) to RON491.4 million through cash injection from shareholders, the...
Electroputere Sees RON12.8M In 2011 Net Profit
Romanian electric engine maker Electroputere Craiova (EPT.RO) estimates it will swing to profit in 2011, after five consecutive years of losses.
Government Approves Projects To Be Carried Out In Public-Private Partnership
The Romanian Government on Wednesday approved a list of 18 public investment projects to be carried out under public-private partnership (PPP).