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Rompetrol Rafinare Group 1Q Operating Profit Down 1%, At $34.5M; Gross Turnover Up 15%, At $821.4M
Energy

Rompetrol Rafinare Group 1Q Operating Profit Down 1%, At $34.5M; Gross Turnover Up 15%, At $821.4M

Rompetrol Rafinare Group, one of Romania’s largest, reported a 15% increase in its gross turnover, in the first quarter of 2017, to $821.4 million.

Ecaterina Craciun · 12.05.2017 · 20:12 · 1 min
NEPI 1Q Revenue Up Over 50% To EUR45M
Real Estate

NEPI 1Q Revenue Up Over 50% To EUR45M

South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, on Friday reported 51.3% higher revenue to EUR45 million, for th...

Ecaterina Craciun · 12.05.2017 · 15:41 · 1 min
Zentiva Posts 10% Higher Turnover, Of RON110.2M, 9% Lower Operating Profit In 1Q/2017
Health

Zentiva Posts 10% Higher Turnover, Of RON110.2M, 9% Lower Operating Profit In 1Q/2017

Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, on Friday reported a 10% higher turnover, of RON110.2 million and a 9% lower operating profit, of RON22.6 million,...

Ecaterina Craciun · 12.05.2017 · 14:36 · 1 min
Coca-Cola Sales In Romania Rose Nearly 5% In 1Q/2017
Retail&Consumer

Coca-Cola Sales In Romania Rose Nearly 5% In 1Q/2017

Coca-Cola HBC Romania, leader on the Romanian soft drinks market, registered nearly 5% higher sales volumes (mid-single digits) in the first quarter of 2017, which is the ninth consecutive q...

Ecaterina Craciun · 11.05.2017 · 14:39 · 1 min
UniCredit Posts 16% Higher Consolidated Profit In Romania, Of EUR21M, In 1Q/2017
Banks-Insurance

UniCredit Posts 16% Higher Consolidated Profit In Romania, Of EUR21M, In 1Q/2017

Italian group UniCredit registered a consolidated profit of EUR21 million in Romania, in January-March 2017, up 16.1% from the year-earlier period, according to a report released on Thursday...

Ecaterina Craciun · 11.05.2017 · 14:05 · 1 min
eMag 2016 Turnover In Romania Up 45% To RON2.02B
Retail&Consumer

eMag 2016 Turnover In Romania Up 45% To RON2.02B

eMag, the biggest online retailer on the Romanian market, reported a turnover of RON2.02 billion (EUR449 million) in Romania, in 2016, up 45% on the year, according to Iulian Stanciu, CEO of...

Ecaterina Craciun · 10.05.2017 · 13:25 · 1 min
Deloitte Expects To Reach Over 2,000 Employees In A Few Years, In Romania, Vs Some 600 Currently
Companies

Deloitte Expects To Reach Over 2,000 Employees In A Few Years, In Romania, Vs Some 600 Currently

Consulting and audit company Deloitte Romania expects to reach over 2,000 employees in Romania, in a few years, compared with approximately 600 currently, and its technology services center...

Ecaterina Craciun · 04.05.2017 · 14:49 · 1 min
BT Chief Economist: Private Consumption In Romania Likely To Grow 5% In 2017
Retail&Consumer

BT Chief Economist: Private Consumption In Romania Likely To Grow 5% In 2017

The positive evolution registered by retail trade over the last quarters was due to improved consumer confidence bolstered by wage raises and a positive climate in the leu lending sector.

Ecaterina Craciun · 04.05.2017 · 14:28 · 1 min
Bucharest Stock Exchange’s BET Index Places 2nd In The EU, After 16.1% Rise In Jan-April 2017
Capital Market

Bucharest Stock Exchange’s BET Index Places 2nd In The EU, After 16.1% Rise In Jan-April 2017

The BET index, which tracks the twelve most liquid shares on the Bucharest Stock Exchange (BVB), rose 16.1% in January-April 2017, placing it second in the EU, after Poland’s index which inc...

Ecaterina Craciun · 03.05.2017 · 19:56 · 1 min