PROFIT
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Holcim To Return To Profit Despite Slight Turnover Decline
Cement producer Holcim Romania, the local subsidiary of Swiss group Holcim, will return to profit this year after last year it posted losses for the first time in more than a decade, of arou...
Conpet Net Profit Up 38% On Year To RON39.7M In January-September
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) registered net profit of 39.7 million lei (EUR9 million) in the first nine months of 2013, up 28% on the year.
Electrocarbon Turnover Down 24% On Year To RON102M In January-September
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) registered turnover of 101.7 million lei (EUR23 million) in the first nine months of 2013, down 24% from RON134.1 million...
Nuclearelectrica 9-Month Turnover Up 19% On Year To RON1.42B
Romanian nuclear power company Nuclearelectrica (SNN.RO) Monday reported turnover of 1.425 billion lei (EUR323.3 million) for the first nine months of 2013, up 19% on the year, and net profi...
Cosmote Posts Revenues Of EUR116M And Pre-Tax Profit Of EUR33M In 3Q
Mobile operator Cosmote Romania had revenues of EUR116 million in the third quarter of 2013, slightly down from the same period last year, and it’s EBITDA declined 3.5%, to EUR33 million, du...
Romtelecom 3Q Revenues Fall Slightly To EUR152.6M
The revenues of Romanian telecom operator Romtelecom fell 0.6% on the year to EUR152.6 million in the third quarter of 2013, Greek group OTE, owner of Romtelecom, Cosmote and Germanos, said...
OMV Petrom 3Q Net Profit Up 47% To RON1.3B
Romania’s leading oil and gas company OMV Petrom (SNP.RO) Thursday reported a 47% increase in its third-quarter net profit to 1.27 billion lei (EUR286.7 million), helped by higher oil prices...
OTE And Romanian Government Don’t See Eye On Romtelecom Profit Use
Greek OTE group and the representatives of Romania’s Ministry of Communications and Information Society at the end of August discussed about the use of the EU70 million net profit Romtelecom...
ING Asigurari de Viata Underwrote Premiums Of RON408M In January-September
Romanian insurer ING Asigurari de Viata said Wednesday it underwrote premiums of 408.2 million lei (EUR92 million) in the first nine months of 2013, up 0.2% on the year, and its gross profit...