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Romania Jan-April Budget Deficit Widens To 1.2% Of GDP
Romania’s consolidated budget posted a deficit of 7.5 billion lei (EUR1.72 billion) in the first four months of 2013, equal to 1.2% of the gross domestic product, Finance Ministry data showe...
Compa Sibiu Expects 8% Lower Revenue In 2013, To RON476M
Romanian car parts manufacturer Compa Sibiu (CMP.RO) estimates 8% lower revenue to 476 million lei (EUR110 million) this year, from RON519.2 million in 2012, and lower net profit to RON19.3...
Zentiva Romania Eyes Nearly 50% Higher Profit In 2013, To RON47.9M
Pharmaceuticals company Zentiva Romania estimates net profit of 47.9 million lei (EUR11.08 million) this year, up 49.2% from RON32.1 million in 2012, according to the company’s budget of rev...
Insolvent Concefa Sibiu Eyes Return To Profit After RON53.2M Loss In 2012
Romanian insolvent construction company Concefa Sibiu (COFI.RO) expects net profit of 354,000 lei (EUR81.630) in 2013, compared to loss of RON53.2 million in 2012.
Romania 1Q Budget Deficit Widens, But Still Below IMF Cap
Romania’s consolidated budget posted a deficit of 4.19 billion lei (EUR966 million) in the first three months, equal to 0.67% of the gross domestic product, Finance Ministry data showed.
Romania Raises CFR Marfa Sale Advertising Budget By RON2.5M
Romania’s government has raised the advertising budget for the sale of railway freight carrier CFR Marfa to RON2.55 million from a previous RON50,000, hoping to attract a large number of pro...
Tudor Ciurezu Gets New Mandate As Managing Board Chairman, GM At SIF Oltenia
The shareholders of Romanian regional investment fund SIF Oltenia (SIF5.RO) has appointed a new Managing Board and three of the former members were reelected, including chairman and general...
Alumil Expects 13% Higher Profit In 2013, Of RON3.4M
Romanian aluminum processor Alumil Rom Industry (ALU.RO) expects net profit of 3.4 million lei (EUR0.77 million) in 2013, up 13% on the year, and sales of RON71.48 million.
Comelf Bistrita Wants To Double Pretax Profit To RON8.6M In 2013
Romanian industry equipment maker Comelf Bistrita (CMF. RO) estimates to double its pretax profit to 8.6 million lei (EUR1.9 million) in 2013, from RON4.4 million in 2012.