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Alro Expects $63.6M Profit This Year
Romanian aluminum smelter Alro Slatina (ALR.RO) estimates a profit of $63.6 million for this year after losses in the past years, the company said Wednesday.
Transport Ministry-Owned Companies Posted RON650M Profit In 2014
The companies subordinated to the Transport Ministry posted total profit of almost 650 million lei (EUR147 million) in 2014, after having posted total losses of RON460 million in 2013.
Furniture Manufacturer Elvila Profit Up In 2014
Furniture manufacturer Elvila, controlled by businessman Viorel Catarama, posted 0.7 million lei (EUR0.15 million) net profit in 2014, an increase of 30% on 2013, according to an annual fina...
Seroussi Has 16% Profit Margin At One Of Romanian Apparel Plants
Norada facility of Odorheiu Secuiesc, Harghita county, part of the group of textile companies controlled by Joseph Seroussi, in 2014 operated with a 16% profit margin, recent years’ highest.
Terapia, First Profit Decline In Six Years
Cluj-based Terapia, the largest local drug producer, posted net profit worth 86 million lei (EUR19 million) last year, down 21% against 2013. This is the first decline the drug maker has wit...
Raiffeisen Banca pentru Locuinte Profit Up 4% To RON1.7M In 2014
Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL) reported a net profit of over RON1.7 million in 2014, up 4% on the year, while the number of clients rose 10% to 217,000, the ban...
TBI Bank To Switch To Profit In 2015
TBI Bank, the local unit of TBI Bank EAD Sofia, operated by TBIF Financial Services group, estimates it will switch to profit this year, after RON1.9 million loss in 2014, the bank said in a...
Hidroelectrica Posts EUR91M Gross Profit In 1Q
Romanian insolvent hydropower producer Hidroelectrica posted a gross profit of RON405 million (EUR91 million) in the first quarter, more than double compared to the same period last year, as...
Raiffeisen To Pay RON300M Dividends From 2014 Profit
Raiffeisen, a top five player in Romania’s banking system, will pay shareholders dividends worth 300 million lei (EUR68 million) from last year’s net profit, 14% above the sum disbursed from...