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Orsova Shipyard: 47% Of Production Will Go To Dutch-Held Damen
Romanian shipyard Santierul Naval Orsova (SNO.RO), controlled by three of the five SIFs, expects 20% revenue growth this year amid rising ship production and wider client base.
Raiffeisen Leasing Profit Rose 11% In 2014, To EUR3.12M
Raiffeisen Leasing had a net profit of EUR3.12 million in 2014, up 11% compared to 2013, when its profit stood at EUR2.8 million, the company said Thursday.
VIG Returned To Positive Result In Romania In 2014, With EUR6M Pretax Profit
Austria’s Vienna Insurance Group (VIG) returned to a positive result in Romania in 2014, reporting a profit before tax (PBT) of EUR6.1 million, versus a loss of EUR98.7 million in 2013, the...
Aeroporturi Bucuresti Projects Profit Of RON44M In 2015; Set To Hire 140 Persons
The Bucharest National Airport Company (CNAB), which manages Bucharest’s two airports, Henri Coanda (Otopeni) and Aurel Vlaicu (Baneasa), ended 2014 with net profit worth above 106 million l...
EximBank 2014 Net Profit Slightly Up To EUR10.5M
Romania’s state-run lender EximBank reported a net profit of RON46.6 million (EUR10.5 million) last year, slightly higher compared with 2013, while its operating profit rose 50% to RON121 mi...
Hidroelectrica Wants To Pay 80% Of 2014 Record Profit As Dividends
The judicial administrator of insolvent Hidroelectrica, Romania’s biggest power producer, will propose to the company’s creditors and shareholders the disbursement of dividends accounting fo...
Petrom Weaknesses: The Factors That Wiped Out RON2.8B From The Profit Of Romania’s Biggest Company In 4 Years
Litigation with the thousands of employees who left the company, the lower-than-expected results of some investments and the failure of some exploration and production projects were the elem...
Lazar Group Ends 2014 With Profit Of Above EUR2M
Pitesti-based group Lazar, one of Romania’s biggest entrepreneurial businesses in the field of freight transport, ended last year with revenue of EUR90 million, slightly down on the year, bu...
Raiffeisen Bank Romania Posts 9% Higher Net Profit, At EUR113M In 2014
Raiffeisen Bank Romania posted last year a net profit of EUR113 million, up 8.6% from EUR104 million in the previous year, the lender said Wednesday.