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FIRST QUARTER

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Macroeconomics

Romania GDP Grows 4.3% in First Quarter

Romania’s gross domestic product rose 4.3% on the year in real terms in the first quarter and 4.1% in seasonally adjusted data, the country's statistics board said Friday.

Oana Gavrila · 08.07.2016 · 09:14 · 1 min
Banca Comerciala Carpatica Posts Loss Of RON8.9M In 1Q/2016
Banks-Insurance

Banca Comerciala Carpatica Posts Loss Of RON8.9M In 1Q/2016

Romanian lender Banca Comerciala Carpatica (BCC.RO) registered a 2% lower net interest income in the first quarter of 2016, of RON11 million, and a net loss of RON8.9 million, from a profit...

Ecaterina Craciun · 10.05.2016 · 14:02 · 1 min
Allianz-Tiriac 1Q Underwritten Premiums Up 7% On Year To RON258.8M
Banks-Insurance

Allianz-Tiriac 1Q Underwritten Premiums Up 7% On Year To RON258.8M

Romanian insurer Allianz-Tiriac Asigurari Tuesday said it registered revenues from general and life insurance of 258.8 million lei (EUR58.9 million) in the first quarter of 2014, up 7% on th...

Ecaterina Craciun · 03.06.2014 · 11:35 · 1 min
Romania’s Public Debt Higher By RON11.5B In 1Q/2013
Macroeconomics

Romania’s Public Debt Higher By RON11.5B In 1Q/2013

Romania’s public debt climbed at 252 billion lei (EUR57 billion) in March, which is higher by RON11.5 billion from December 2012, due to large amounts borrowed mainly from the domestic marke...

Ecaterina Craciun · 27.05.2013 · 00:00 · 2 min
Romanian Beer Sales See Record Growth In 1Q/2013
Companies

Romanian Beer Sales See Record Growth In 1Q/2013

Beer sales in Romania rose 14% in the first three months of 2013, to 3 million hectoliters, the highest quarterly growth in six years, according to a ZF analysis based on data from the stati...

Ecaterina Craciun · 24.05.2013 · 00:00 · 1 min
Krka’s Sales In Romania Up 9% In 1Q, To EUR11.9M
Health

Krka’s Sales In Romania Up 9% In 1Q, To EUR11.9M

Slovenian pharmaceutical group Krka’s sales in Romania increased 9% in the first quarter, to EUR11.9 million, mainly due to the prescription drug segment, the company said in a statement.

Oana Gavrila · 19.05.2013 · 15:02 · 1 min
Capital Market

Condmag 1Q Revenues Up 13%, Loss Down Nearly 9%

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) said Tuesday it had revenues of 17.7 million lei (EUR4 million) in the first quarter, up 13%, and its loss narrowed nearly 9%, to RON...

Oana Gavrila · 14.05.2013 · 18:49 · 1 min
Capital Market

Ecopack Ghimbav 1Q Sales Flat, Profit Down Three-Fold To RON180,000

Romanian cardboard box maker Ecopack Ghimbav (AMCP.RO) on Tuesday said it registered first quarter sales of 19.07 million (EUR4.3 million), down 2.5% from the first quarter of 2012.

Oana Gavrila · 14.05.2013 · 18:19 · 1 min
TMK Artrom Ends First Quarter With RON219.3M Turnover
Companies

TMK Artrom Ends First Quarter With RON219.3M Turnover

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, had a turnover of RON219.3 million (EUR50 million) in the first quarter, and losses of RON1.2 million (near...

Oana Gavrila · 13.05.2013 · 18:06 · 1 min