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Aerostar Bacau Profit Up 6.1% In 1H To Over RON7M
Capital Market

Aerostar Bacau Profit Up 6.1% In 1H To Over RON7M

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) registered profit of 7.1 million lei (EUR1.6 million) in the first half of 2013, 6.1% higher from RON6.7 million in the...

Ioana Tudor · 23.07.2013 · 10:47 · 1 min
Popoviciu And Dimofte Get EUR30M Profits From Malls And Retail Spaces
Real Estate

Popoviciu And Dimofte Get EUR30M Profits From Malls And Retail Spaces

Sixteen companies known to be controlled by businesspersons Gabriel Popoviciu and Radu Dimofte reported total profit of almost EUR30 million in 2012, up 85% on the year, reveals a ZF analysi...

Tudor Ioana Raluca · 18.07.2013 · 07:47 · 3 min
Banking System Remains Profitable After Five Months, With Net Profit Of RON763M
Banks-Insurance

Banking System Remains Profitable After Five Months, With Net Profit Of RON763M

Production of new loans did not recover in the first five months of the year, with the ratio of non-performing loans exceeding 20% in May and no spectacular progress in terms of cutting oper...

Tudor Ioana Raluca · 17.07.2013 · 07:51 · 2 min
Retailer Real Reduced Loss In Romania By 39% In 2012, Auchan Switched To Profit
Retail&Consumer

Retailer Real Reduced Loss In Romania By 39% In 2012, Auchan Switched To Profit

The Romanian hypermarket network of German retailer Real reduced loss by 39% in 2012 to 73.5 million lei (EUR16.5 million), while French retailer Auchan, switched to profit of RON3.3 million...

Ioana Tudor · 15.07.2013 · 14:55 · 1 min
SIF Transilvania Reports Record Profit Of RON140M In 1H/2013
Capital Market

SIF Transilvania Reports Record Profit Of RON140M In 1H/2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) reported net profit of 140 million lei (EUR31.6 million) in the first half of the year, up 24.4% from the same period in 2012.

Ecaterina Craciun · 15.07.2013 · 12:34 · 1 min
Tradeville 1H Turnover Up 22% On Year, To RON3.2M
Capital Market

Tradeville 1H Turnover Up 22% On Year, To RON3.2M

Brokerage firm Tradeville reported turnover of 3.2 million lei (EUR0.7 million) in the first half of the year, up 22% from the same period in 2012, and it switched to profit, reporting earni...

Ecaterina Craciun · 15.07.2013 · 12:04 · 1 min
Fondul Proprietatea 1H Net Profit Falls 10% On Year To RON515M
Capital Market

Fondul Proprietatea 1H Net Profit Falls 10% On Year To RON515M

Romanian investment fund Fondul Proprietatea (FP.RO) registered profit of 514.6 million lei (EUR117.2 million) in the first half of 2013, down 10% from RON573.8 million in the similar interv...

Ioana Tudor · 15.07.2013 · 11:32 · 1 min
Low Prices Generate High Profit For Kaufland
Real Estate

Low Prices Generate High Profit For Kaufland

Kaufland, a retailer that operates 85 discount hypermarkets in Romania, has consolidated its market leader position and ended 2012 with revenues of 6.44 billion lei (EUR1.46 billion), up 15%...

Tudor Ioana Raluca · 15.07.2013 · 00:00 · 2 min
Most Large Realty Consulting Firms In Romania Reported Lower Profit For 2012
Real Estate

Most Large Realty Consulting Firms In Romania Reported Lower Profit For 2012

The Romanian real estate consulting market had a hard time last year considering that most of the nine largest local realty consulting companies registered lower profit and turnover in 2012,...

Ioana Tudor · 12.07.2013 · 17:05 · 2 min