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Avicola Slobozia 1H Sales Down 7.8% To RON29.5M
Retail&Consumer

Avicola Slobozia 1H Sales Down 7.8% To RON29.5M

Romanian poultry producer Avicola Slobozia (AVSL.RO) reported 7.8% lower sales in January-June 2016, at RON29.5 million, the company said in a statement.

Gabriela Stan · 19.08.2016 · 13:24 · 1 min
Tarom Posts RON28M Losses In 1H/2016
Companies

Tarom Posts RON28M Losses In 1H/2016

Romanian state-owned airline Tarom reported losses of RON28.6 million in the first six months, eightfold higher from the estimated RON3.4 million, mainly due to technical issues which trigge...

Gabriela Stan · 19.08.2016 · 11:01 · 1 min
Banks-Insurance

Raiffeisen Romania Posts EUR38M Profit In 1H/2016

Raiffeisen Bank Romania, the fourth largest player in the local banking system, reported a net profit of EUR38 million in the first six months, down 27% compared with the year-earlier period...

Gabriela Stan · 18.08.2016 · 14:41 · 1 min
SIF Transilvania Profit Down To RON23M In January-June
Companies

SIF Transilvania Profit Down To RON23M In January-June

Romanian regional investment fund SIF Transilvania (SIF3.RO) reported a net profit of RON23.1 million in the first six months of the year, from RON44.4 million in the same period a year earl...

Gabriela Stan · 17.08.2016 · 12:19 · 1 min
Hidroelectrica, Most Profitable Romanian Company In 1H/2016
Energy

Hidroelectrica, Most Profitable Romanian Company In 1H/2016

Romania’s state-owned hydropower producer Hidroelectrica, which underwent a restructuring process during insolvency, became the most profitable local company by the gross profit margin poste...

Gabriela Stan · 17.08.2016 · 11:49 · 1 min
AFI Europe Romania Net Operating Income Up 13.1% To EUR22.2M In 1H/2016
Real Estate

AFI Europe Romania Net Operating Income Up 13.1% To EUR22.2M In 1H/2016

AFI Europe Romania registered a net operating income of EUR22.2 million in the first six months of 2016, up 13.1% from the year-earlier period, the company said in a statement.

Gabriela Stan · 16.08.2016 · 14:41 · 1 min
IAR Brasov Profit Down 44% To RON16.8M In January-June
Companies

IAR Brasov Profit Down 44% To RON16.8M In January-June

Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) reported a profit of RON16.8 million in January-June, down 44% compared with the first half of 2015, the comp...

Gabriela Stan · 16.08.2016 · 11:40 · 1 min
Vrancart Adjud Profit Up 51% To RON11.35M In January-June
Retail&Consumer

Vrancart Adjud Profit Up 51% To RON11.35M In January-June

Vrancart Adjud (VNC.RO), a major paper and cardboard maker in Romania, reported a net profit of RON11.35 million in the first six months of 2016, up 51% from RON7.52 million in the year-earl...

Gabriela Stan · 16.08.2016 · 10:16 · 1 min
Bucharest Stock Exchange Group Posts RON1.8M Profit In 1H/2016
Capital Market

Bucharest Stock Exchange Group Posts RON1.8M Profit In 1H/2016

Bucharest Stock Exchange group (BVB.RO), which includes Bucharest Stock Exchange, Central Depository, Bucharest Compensation House and Investor Compensation Fund, reported a profit of RON1.8...

Gabriela Stan · 12.08.2016 · 12:25 · 1 min