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Romgaz Boasts Net Profit Of Over EUR100M In 1Q
State-controlled Romgaz, Romania’s largest gas producer, recorded a net profit of 473.4 million lei (EUR108 million) in the first quarter of this year, up by around 84% against the similar p...
Romanian Central Bank Makes Net Profit Of RON7B Since Beginning Of Crisis
Its management of foreign currency assets and liabilities, and in particular its lending to commercial banks last year, have seen Romanian central bank BNR remain profitable for six years ru...
Tarom’s New CEO Says Company May Switch To Profit In 2014
Tarom’s chief executive officer Nicolae Demetriade said Monday there is no chance the state-owned airline, which registered loss of 64 million lei (EUR14 million) in January-May, will switch...
Zara’s 2012 Profit In Romania Up 17% On Year To Over RON51M
Spanish-held retailer Zara registered profit of 51.4 million lei (EUR11.5 million) in Romania in 2012, up 17% on the year.
Top Dairy Makers See Profit Margins Of Only 2%-3%
Danone, FrieslandCampina and Albalact, the three largest dairy producers on the Romanian market, reported an increase in sales in lei in 2012, but profit margins remained low, at only 2%-3%,...
MOL Romania Returns To Profit, Nears EUR1B Turnover
MOL Romania, the local subsidiary of Hungarian oil group MOL, last year obtained a net profit of EUR17 million (76.1 million lei), after an over EUR3 million loss in 2011, caused by a fine b...
Proprietatea Fund's Net Profit Rises To RON480.5M In May
Romanian investment fund Fondul Proprietatea (FP.RO) Friday reported a net profit of 480.55 million lei (EUR107.2 million) at the end of May, well above RON16.85 million in the previous mont...
Dairy Product Maker Olympus Expects Profit In Romania In 2013
Dairy product maker Olympus Dairy Industry estimates it will register net profit in Romania in 2013.
Agrana’s Romanian Profit 42 Times Lower Than In 2011
Sugar processor Agrana Romania (BETA.RO), ended last year with revenue of EUR275 million and net profit of merely EUR0.5 million, 42 times lower than in 2011, a record year for the agricultu...