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Will The Five SIFs Become More Generous And Share Profit With Investors In 2015?
Romania's five regional investment funds (SIFs) ended 2014 with about 687 million lei (EUR152 million) profit and investors are now calculating how much of it will go to shareholders as divi...
Energy Companies Prepare Record Dividends From 2014's Profit
Most of the energy companies listed on the Bucharest Stock Exchange are preparing to pay the highest dividends ever to their investors after a 2014 when utility companies posted record profi...
Fornetti Romania Switches To Profit, Hopes To Exit Insolvency This Year
Pastry shop chain Fornetti Romania, which switched to profit last year and had sales of over RON100 million, hopes to exit insolvency this year.
Fondul Proprietatea Profit Swings Back To Over RON1B
The profit of investment fund Fondul Proprietatea (FP.RO) increased by RON33.2 million in November, after four months of decline, reaching RON1.01 billion (EUR227.3 million) in January-Novem...
Posta Romana To Register RON74.3M Operating Profit This Year After Six Years Of Losses
Romania's state-owned postal operator Posta Romana will end this year with an operating profit of RON74.3 million, from losses of RON35 million in 2013 and RON52 million in 2012, the Ministr...
Omniasig Underwritings Down 8% In January-September, Insurer Switches To Profit
Omniasig underwrote premiums of RON582 million in January-September, down 8% on the year, and reported a net profit of RON2.2 million from a loss of RON20 million in the same period last yea...
BCR Asigurari de Viata Switches To Profit In January-September After Firing 700 Sales Reps
Insurer BCR Asigurari de Viata posted a net profit of RON17.3 million in January-September, from losses in the same period last year, after cutting administrative costs by 40% and changing t...
Ferrero Romania Sees Revenue Up 25% In H1
Sweets company Ferrero Romania posted 96.6 million lei (EUR22 million) revenue in the first half, an increase of 25% on the year-earlier period, according to publicly available information.
NEPI 9-Month Profit Up 26% On Year, At RON45.4M
South-African investment fund New Europe Property Investment (NEPI) on Friday said its profit attributable to stockholders rose 26.2% to EUR45.35 million in January-September 2014, due to ne...