Energy
Rompetrol Rafinare Posts Narrower Loss In 1Q, At $11.3M
Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, Thursday said its net loss narrowed to $11.3 million in the first quarter, from $...
Pipe Maker Condmag Switches To RON4.5M Loss In 1Q
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) on Thursday said it switched to a loss of 4.5 million lei (roughly EUR1.1 million) in the first quarter, from profit a year earlier,...
Dafora's Net Profit Falls To RON1.8M In First Quarter
Romanian drilling company Dafora Medias (DAFR.RO) Thursday said its net profit fell over threefold to 1.8 million lei (about EUR440,000) in the first quarter, from around RON6.3 million in t...
Alro 1Q Net Profit More Than Doubles To RON120.2M
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said its net profit more than doubled on the year to 120.24 million lei (EUR29.3 million) in the fi...
Romanian ACK To Build EUR70M Wind Farm In NE County Iasi
Romanian Pascani-based ACK plans to build a EUR70 million wind farm in northeastern country Iasi, the company announced.
OMV Petrom Outsources Logistics To Gebruder Weiss In EUR9.6M Deal
Austrian transport and logistics firm Gebruder Weiss concluded a EUR9.6 million contract (plus VAT) with Romanian oil company OMV Petrom (SNP.RO), to supply hub operation and transport servi...
Basescu: Nabucco Project Viable If Azerbaijan, Turkmenistan Involved
Romanian President Traian Basescu said Thursday that the Nabucco pipeline project is viable, as long as Azerbaijan and Turkmenistan are among its partners, and defended Turkmenistan's need f...
Uztel 1Q Loss Narrows To RON2.6M Vs RON3.3M
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Thursday said its net loss narrowed to 2.6 million lei (around EUR0.5 million) in the first quarter, helped by higher revenue...
Rompetrol Well Services 1Q Net Profit Rises 31.5% To RON3.43M
Romanian Rompetrol Well Services (PTR.RO), a unit of the Rompetrol group, Thursday posted a net profit of 3.43 million lei (EUR840,000) in the first quarter, up 31.5% on the year, according...