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Electromagnetica 9-Month Profit Halves To RON7.88M
Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) saw its profit drop to half in the first nine months of the year, to RON7.88 million, as expenses rose 1...
Hidroelectrica Sees Record Profit In 2014
Romanian state-owned hydropower producer Hidroelectrica estimates a record high profit for 2014, at around 1.1 billion lei (almost EUR250 million), the company said in a statement Wednesday.
Farmaceutica Remedia Sales Stagnated In First Nine Months, Profit Up 58%
Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) reported net sales of RON175.56 million (EUR39.47 million) in the first nine months of the year, up 0.7%, and its net profit ro...
Posta Romana To End 2014 With RON65M Profit After Six Years Of Loss
Romania's state-owned postal operator Posta Romana will end the year with a profit of RON65 million, after six years of losses, Minster for Information Society Razvan Cotovelea said Wednesda...
Heineken Sales In Romania Decline In 3Q
Sales of Heineken, the world's third largest beer producer by volume, declined in Romania in the third quarter of the year, reflecting continued challenging trading conditions and the effect...
AFI Palace Cotroceni Operator Saw EUR29.1M Profit In 2013
Cotroceni Park SA, the operator of the AFI Palace Cotroceni mall, one of the key shopping destinations in Bucharest, posted EUR29.1 million net profit last year, five times higher than in 20...
Small Romanian Businesses Need EUR2M Sales To Secure Profit
Just one third of the nearly 520,000 small and medium-sized companies that operated in Romania last year managed to rake in profits of above EUR1,000 at the end of the 12 months.
Hidroelectrica Aims For RON1B Profit, Eyes Exports To Hungary And Serbia
Romanian energy producer Hidroelectrica, the country’s biggest, in the first nine months of this year generated gross profit worth 817 million lei (EUR185 million), up 20% from the year earl...
NBFIs Doubled Profit In H1
Non-bank financial institutions (NBFI), a segment that includes consumer finance and leasing companies, posted about 300 million lei (EUR68 million) aggregate profit in the first half, doubl...