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Enel Posts Net Profit Of EUR200M In Romania, Margin Climbs To 20% In 2012
Italian Enel, the largest private energy distributor in Romania, last year reached turnover of 4.3 billion lei (EUR971.4 million) last year, 10% more than in 2011.
Comvex Constanta Pays Dividends Of RON11.9M For First Time In Seven Years
The shareholders of port operator Comvex Constanta (CMVX.RO), the largest terminal in the port of Constanta, approved the payment of dividends of RON11.85 million (EUR2.8 million) from last...
Fifty Unfavorable Contracts Pushed Posta Romana On Brink Of Bankruptcy
Romanian state-owned company Posta Romana could have been a profitable company had it not been “plundered” through contracts that were definitely unfavorable, Communications Minister Dan Nic...
Bucharest Airport Company Expects Lower Gross Profit In 2013
The Bucharest National Airport Company (CNAB) planed investments worth 376.9 million lei (EUR86 million) in 2013, up 40% on the year, and expects three times lower gross profit, of RON22.6 m...
Unirea Shopping Center Profit Rises To RON2.9M In 1Q
Romania’s Unirea Shopping Center (SCDM.RO) registered turnover of 19.9 million lei (EUR4.6 million) in the first quarter of 2013, slightly down on the year, while its profit climbed 3.6 time...
TotalSoft Expects EUR28M Revenue And EUR4.5M Profit In 2013
TotalSoft, one of the largest local software developers, budgeted EUR28 million revenue and EUR4.5 million operating income (EBITDA) for 2013, higher than in 2012 because of new local and fo...
Romgaz Expects Revenues of EUR1B In 2013
Romania’s largest natural gas producer, state-owned Romgaz, has budgeted revenues of about 4.4 billion lei (EUR1 billion) for 2013, 14% higher on the year.
SIF Oltenia Ranks As Most Profitable SIF In Jan-April
SIF Oltenia (SIF5.RO) remained the most profitable of the five regional investment funds registered in Romania, with a net profit of 43.3 million lei (about EUR10 million) after the first fo...
NEPI 1Q Profit Rises To EUR11.2M
South-African real estate investment fund New Europe Property Investments (NEP.RO) said Wednesday its profit attributable to shareholders rose to EUR11.2 million in the first quarter of the...