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Proprietatea Fund Switches To RON16.9M Profit In April
Capital Market

Proprietatea Fund Switches To RON16.9M Profit In April

Romanian investment fund Fondul Proprietatea Wednesday reported a net profit of 16.86 million lei (EUR3.88 million) in April, versus loss of RON5.57 million a month earlier.

Florentina Dragu · 15.05.2013 · 13:26 · 1 min
Compa Sibiu Sales Down 15% In 1Q, To RON117M
Capital Market

Compa Sibiu Sales Down 15% In 1Q, To RON117M

Sales of Romanian car parts manufacturer Compa Sibiu (CMP.RO) declined 15% in the first quarter, to 117.7 million lei (EUR26.8 million), following a global decline in car manufacturing and s...

Oana Gavrila · 15.05.2013 · 12:35 · 1 min
Energy

Electromagnetica 1Q Gross Profit Rose 50% On Year, To RON4.13M

Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) said Tuesday its gross profit rose 49.6% on the year to 4.13 million lei (EUR0.94 million) in the first...

Ioana Tudor · 14.05.2013 · 11:46 · 1 min
ING Asigurari’s Underwritten Premiums Up 2.3% In 1Q To RON136.3M
Banks-Insurance

ING Asigurari’s Underwritten Premiums Up 2.3% In 1Q To RON136.3M

Romanian insurer ING Asigurari de Viata said Thursday it underwrote premiums of 136.3 million lei (EUR31.5 million) in the first quarter of 2013, up 2.3% on the year, while its gross profit...

Ioana Tudor · 09.05.2013 · 13:53 · 1 min
Samsung Romania 2012 Net Profit Doubles To RON63M
Technology &Telecoms

Samsung Romania 2012 Net Profit Doubles To RON63M

Samsung Electronics Romania registered net profit of 63.2 million lei (EUR14.6 million) in 2012, double on the year, and will pay out dividends worth RON61.1 million to its associates.

Ioana Tudor · 07.05.2013 · 18:34 · 1 min
Lactate Natura Expects Switch To Profit Of RON1.94M In 2013
Retail&Consumer

Lactate Natura Expects Switch To Profit Of RON1.94M In 2013

Romanian dairy product maker Lactate Natura expects it will switch to profit of 1.94 million lei (EUR0.44 million) this year, after losses of RON0.481 million in 2012.

Ioana Tudor · 02.05.2013 · 13:21 · 1 min
Energy Trader Tinmar Eyes 20% Turnover And Profit In 2013
Energy

Energy Trader Tinmar Eyes 20% Turnover And Profit In 2013

Romanian power supplier and energy trader Tinmar-Ind reported turnover of 1.38 billion lei (EUR319 million) in 2012, similar to 2011, while its profit rose 40% to RON30.1 million.

Ecaterina Craciun · 01.05.2013 · 00:00 · 2 min
Boromir Prod Expects Switch To RON2.8M Profit In 2013
Companies

Boromir Prod Expects Switch To RON2.8M Profit In 2013

Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) estimates it will switch to profit of 2.8 million lei (EUR0.64 million) in 2013, from loss of RON1.92 million in the previous...

Ioana Tudor · 30.04.2013 · 15:31 · 1 min
Albalact 2012 Net Profit Up 27%, To Pay Out Dividends For First Time In 14 Years
Retail&Consumer

Albalact 2012 Net Profit Up 27%, To Pay Out Dividends For First Time In 14 Years

Romanian dairy maker Albalact (ALBZ.RO) reported 27% higher net profit on the year in 2012, to 7.3 million lei (EUR1.6 million) and it will pay out dividends to its shareholders in 2013 for...

Ecaterina Craciun · 29.04.2013 · 18:17 · 1 min