Companies
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).
Franklin Templeton To Advise On Proprietatea Fund International Listing Before July
Franklin Templeton Investment Management, administrator of Romanian investment fund Fondul Proprietatea (FP.RO), will make a recommendation by end June regarding the possible listing on an i...
COMCM Constanta Expects RON2.1M Net Profit In 2011
Romanian construction materials maker COMCM Constanta (CMCM.RO) Wednesday said it expects a net profit of 2.1 million lei (some EUR0.5 million) this year, from a loss of RON3.2 million in 20...
Albalact 2010 Sales Rise 14.6% On Year, To RON261.2M
Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) posted sales of 261.2 million lei (EUR64 million) last year, up 15.6% from RON225.9 million in 2009, the company said in a news release Wed...
Proprietatea Fund Holders Approve Proposal To Double Dividend
Shareholders of investment fund Fondul Proprietatea (FP.RO) Wednesday approved the Finance Ministry's request to raise at 0.03141 lei (EUR0.0077) per share the dividend due for last year's p...
RCS&RDS Sells Preference Shares To Staff
Romanian telecom and internet provider RCS&RDS plans to sell preference stock to its staff and inter-group companies, according to a summoning notice to its shareholders.
Carbochim Expects Pretax Profit To Halve In 2011
Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO) Tuesday estimated its pretax profit will fall to 1.2 million lei (around EUR295,000) in 2011, from RON2.5 million a year earlier, on h...