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Rompetrol Well Services Expects 25% Lower Profit In 2013
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, expects its net profit will fall 25% to 16.5 million lei (EUR3.8 million) in 2013, reflecting a drop...
SIF Muntenia Expects 41% Lower Pretax Profit In 2013
Romanian regional investment fund SIF Muntenia (SIF4.RO) estimates its pretax profit will fall 41% to 103.3 million lei (EUR23.8 million) in 2013, from RON175.7 million a year earlier.
Hidroelectrica Expects Record Profit Of RON434M In 2013
Romanian state-run hydropower generator Hidroelectrica Wednesday reported a pretax profit of 144 million lei (EUR32.97 million) for the first quarter and said it expects a record full-year p...
Insurers Remain Pessimistic, See Moderate Growth On Romanian Market In 2013
The evolution of the Romanian insurance market in the first three months of 2013 does not leave room for much optimism for the coming period, as the most optimistic forecasts point to a mode...
Caroli Returns To Profit After Two Years Of Losses
Romanian cold cuts producer Caroli Foods Group stepped into the black in 2012 after two years of losses.
Erste Maintains Romania GDP Growth Forecast At 1.1% In 2013
Austria’s lender Erste Group Bank AG (EBS.RO) Tuesday maintained its forecast on the Romanian economic growth unchanged at 1.1% in 2013, saying possible falling exports to foreign markets, a...
Erste Group Expects Romanian Unit To Make Profit In 2013
Austrian Erste Group Bank (EBS.RO) will likely make a profit in Romania this year as restructuring progress at its subsidiary is in line with expectations, the bank’s chief Andreas Treichl s...
Analysts Say Economy Will Rise In 1Q, Businesspeople Are Pessimistic
Analysts believe the Romanian economy will remain on the rise in the first quarter of this year and keep their estimates for 2013 gross domestic product, but signals from the economy are les...
Rompetrol Rafinare Expects Narrower Loss In 2013
Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, expects its loss will narrow to $51.4 million in 2013, helped by higher sales.