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Garanti Leasing Financing Up 68% In 1H, Leasing Market Up 22%
Banks-Insurance

Garanti Leasing Financing Up 68% In 1H, Leasing Market Up 22%

Garanti Leasing, the financial leasing division of Garanti Romania, gave new financing of EUR36.2 million in the first half of the year, up 68% on the year, in a leasing market that rose 22%...

Oana Gavrila · 01.10.2014 · 15:18 · 1 min
Proprietatea Fund Net Profit Falls To RON1.01B In August
Capital Market

Proprietatea Fund Net Profit Falls To RON1.01B In August

Romanian investment fund Fondul Proprietatea (FP.RO) reported a net profit of 1.01 billion lei (EUR226.6 million) in August, down by RON6 million from the previous month but almost double fr...

Gabriela Stan · 15.09.2014 · 13:24 · 1 min
Romanian Business Learns How To Turn A Profit Again
Companies

Romanian Business Learns How To Turn A Profit Again

Romanian companies reported the lowest overall loss in the past six years, at EUR10.5 billion in 2013, while profit totaled EUR14.1 billion, according to Trade Registry data. The gap between...

Catalina Apostoiu · 11.09.2014 · 00:00 · 1 min
Unirea Shopping Center Turnover Down 3% In 1H, To RON37.2M
Retail&Consumer

Unirea Shopping Center Turnover Down 3% In 1H, To RON37.2M

Unirea Shopping Center (SCDM.RO) had a turnover of RON37.16 million (EUR8.3 million) in the first half of the year, down 3% on the year, while its net profit halved, to RON1.94 million (EUR4...

Oana Gavrila · 09.09.2014 · 17:40 · 1 min
Romania's Banking System Profit Down To RON209M In First Half
Banks-Insurance

Romania's Banking System Profit Down To RON209M In First Half

Romania’s banking system posted an aggregated profit of 209 million lei (EUR47.5 million) in the first half, much lower than RON1.15 billion in the same period a year ago, as banks continued...

Bogdan Neagu · 08.09.2014 · 17:50 · 1 min
Hidroelectrica Sees Record Full Year Pretax Profit Of Over RON1B
Energy

Hidroelectrica Sees Record Full Year Pretax Profit Of Over RON1B

Romanian insolvent power producer Hidroelectrica posted a pretax profit of 600 million lei (EUR135.2 million) in the first seven months of 2014 and expects record earnings of over RON1 billi...

Florentina Dragu · 18.08.2014 · 13:28 · 1 min
Proprietatea Fund Net Profit Falls To RON1.01B In July
Capital Market

Proprietatea Fund Net Profit Falls To RON1.01B In July

Romanian investment fund Fondul Proprietatea Thursday said its net profit fell 4.6% to 1.015 billion lei (EUR228.7 million) at the end of July, from a record high profit of RON1.06 billion i...

Florentina Dragu · 14.08.2014 · 14:40 · 1 min
Albalact Profit Triples In 1H, To RON13.38M
Retail&Consumer

Albalact Profit Triples In 1H, To RON13.38M

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) posted a half-year turnover of EUR228.34 million, up 11.6% on the year, and its net profit tripled to RON13.38 million.

Oana Gavrila · 11.08.2014 · 19:02 · 1 min
Stock Market Generates Up To 35% Profit In First Two Summer Months
Capital Market

Stock Market Generates Up To 35% Profit In First Two Summer Months

The liquid shares on the Bucharest Stock Exchange generated up to 35% profit in the first two summer months, with Impact (IMP.RO), Teraplast (TRP.RO) and Retrasib (RTRA.RO) leading the pack...

Loredana Frățilă-Cristescu · 28.07.2014 · 00:00 · 2 min