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Capital Market

Romanian Vae Apcarom Expects RON7.34M Net Profit In 2011

Romanian rolling stock maker Vae Apcarom Buzau (APC.RO) expects a net profit of 7.34 million lei (EUR1=RON4.091) in 2011, up 26.3% from RON5.81 million last year.

Andrei Cîrchelan · 20.04.2011 · 12:43 · 1 min
Energy

Electrocarbon Sees 73% Fall In 2011 Pretax Profit

Romanian electrode maker Electrocarbon Slatina (ELNG.RO) estimates its pretax profit will drop 72.6% to 4.9 million lei (EUR1=RON4.091) in 2011, from nearly RON18 million a year earlier, des...

Florentina Dragu · 19.04.2011 · 20:01 · 1 min
Real Estate

Impact Developer&Contractor Expects RON8.7M Net Loss In 2011

Romanian property developer Impact Developer & Contractor (IMP.RO) expects a net loss of 8.7 million lei (EUR1=RON4.091) this year, narrower than the loss of RON17.5 million reported for 201...

Andrei Cîrchelan · 19.04.2011 · 14:10 · 1 min
Macroeconomics

BCR Ups Romania GDP Growth Forecast To 2% In 2011

Romania’s top lender Banca Comerciala Romana, or BCR, Tuesday revised upward its forecast on economic growth to 2% this year, from 1.2% previously, saying it expects a substantial increase i...

Florentina Dragu · 19.04.2011 · 13:17 · 1 min
Retail&Consumer

Romanian Alumil Sees More Than Double Profit In 2011

Alumil Rom Industry (ALU.RO), the Romanian unit of Greek aluminum processing group Alumil Mylonas, estimates a net profit of 3.48 million lei (EUR1=RON4.0869) for 2011, more than double on t...

Florentina Dragu · 18.04.2011 · 18:30 · 1 min
Energy

Romanian Enol Grup Bucuresti Sees ’11 Sales Up 18% YY, To RON70.8M

Romanian Enol Grup Bucuresti on Friday said it expects sales to rise 18% on the year in 2011, to 70.8 million lei (EUR1=RON4.0966), from RON60 million in 2010.

Andrei Cîrchelan · 15.04.2011 · 17:56 · 1 min
Real Estate

Romania Prefab Eyes Triple Net Profit In 2011

Romanian construction materials maker Prefab (PREH.RO) Thursday estimated a net profit of 10.9 million lei (EUR1=RON4.1021) in 2011, over threefold higher on the year.

Florentina Dragu · 14.04.2011 · 19:00 · 1 min
Analysis

Raiffeisen Recommends "Buy" For Alumil, Target Price Raised To RON1.9

Austrian financial group Raiffeisen expects the shares of Romanian aluminum systems maker Alumil Rom Industry (ALU.RO) to rise 34% within 12 months, to 1.9 lei (EUR1=RON4.114) per unit, and...

Andrei Cîrchelan · 13.04.2011 · 15:05 · 1 min
Retail&Consumer

Romaqua Sees 2011 Sales Up 12% On Year, To EUR160M

Romanian soft drinks maker Romaqua on Tuesday said it expects sales to rise 12% on the year in 2011, to EUR160 million, from EUR142.5 million last year, fueled by investments in production c...

Andrei Cîrchelan · 12.04.2011 · 14:05 · 1 min