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Banca Carpatica Eyes Return To Profit In 2012
Romanian lender Banca Comerciala Carpatica (BCC.RO) Thursday estimates it will return to profit in 2012 after three years of losses, largely helped by a 63% increase in corporate loans, acco...
Farmaceutica Remedia Eyes 61% Hike In ‘12 Gross Profit, To RON8.7M
Romanian medicine wholesaler Farmaceutica Remedia Deva (RMAH.RO) expects a pretax profit of 8.7 million lei (EUR1.98 million) this year, up 61% from RON5.41 million in the previous year.
Three Quarters Of Listed Companies Expect Better 2012
Almost three quarters of the companies listed on the Bucharest Stock Exchange budgeted higher revenue for this year. The same number of companies see bottom line improving, too, which means...
Cris-Tim Sees 2012 Sales Up 25% On Year To EUR100M
Romanian meat products retailer Cris-Tim posted a 10%-15% decline in volumes sold in the first quarter this year, but it expects to reach sales worth at least EUR100 million this year, up 25...
Romania's Annual Inflation Seen Easing To 2.5% In March
Romanian annual inflation rate is likely to ease further to a fresh record low of 2.5% in March, according to a median forecast of the country’s association of financial and banking analysts...
BRD Cuts Romanian Economic Growth Forecast To 1.9% In 2012
Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.9% in 2012, from 2.1% previously, saying it expects a slowd...
Artego Sees 2012 Net Profit Down Some 66%, To RON1.4M
Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) expects a net profit of 1.4 million lei (EUR0.32 million) for 2012, compared to RON4.3 million in the previous year, the company said T...
Banca Transilvania Eyes 20% Hike In 2012 Pretax Profit, To RON33.47M
Romanian lender Banca Transilvania (TLV.RO) on Thursday said it expects a 20% year-on-year increase in pretax profit, to 334.7 million lei (EUR76.4 million) in 2012 from RON278.2 million a y...
Rompetrol Rafinare Sees 2012 Loss Narrowing To $86M
Romanian Rompetrol Rafinare SA (RRC.RO), which clusters the refinery operations of oil group Rompetrol, expects to reduce its loss this year to $86 million, from $167.4 million in 2011.