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Erste Group Bank 1Q Net Profit Falls To EUR176.2M Despite Lower Risk Costs
Banks-Insurance

Erste Group Bank 1Q Net Profit Falls To EUR176.2M Despite Lower Risk Costs

Austria's Erste Group Bank AG (EBS.RO) Monday said it registered net profit of EUR176.2 million in the first quarter of 2013, down from EUR346 million in the similar interval a year ago, des...

Ioana Tudor · 29.04.2013 · 11:12 · 1 min
Romgaz Boasts Record Net Profit Of EUR280M
Energy

Romgaz Boasts Record Net Profit Of EUR280M

The largest Romanian gas producer is once again also the most profitable state-run company, as Romgaz posted an all time high net profit of 1.24 billion lei (around EUR280 million) in 2012,...

Oana Gavrila · 29.04.2013 · 00:00 · 2 min
SIF Crisana-Banat Won’t Pay Out Dividends From 2012 Profit
Capital Market

SIF Crisana-Banat Won’t Pay Out Dividends From 2012 Profit

The shareholders of Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) decided not to pay out dividends from the profit registered last year and keep the money for investments.

Ioana Tudor · 24.04.2013 · 12:35 · 1 min
Fresenius Medical Care Romania 2012 Net Profit Up 21% On Year To $4M
Health

Fresenius Medical Care Romania 2012 Net Profit Up 21% On Year To $4M

German dialysis company Fresenius Medical Care registered net profit of $4 million in Romania last year, up 21% from $3.3 million in 2011.

Ioana Tudor · 22.04.2013 · 11:51 · 1 min
Insurer Astra Net Profit Falls To RON6.7M In 2012
Banks-Insurance

Insurer Astra Net Profit Falls To RON6.7M In 2012

Insurer Astra held by businessman Dan Adamescu posted net profit of 6.7 million lei (EUR1.53 million) in 2012, down from RON81 million in 2011 because of the significant decline in revenue f...

Tudor Ioana Raluca · 22.04.2013 · 09:16 · 1 min
Alumil Expects 13% Higher Profit In 2013, Of RON3.4M
Companies

Alumil Expects 13% Higher Profit In 2013, Of RON3.4M

Romanian aluminum processor Alumil Rom Industry (ALU.RO) expects net profit of 3.4 million lei (EUR0.77 million) in 2013, up 13% on the year, and sales of RON71.48 million.

Ioana Tudor · 19.04.2013 · 16:01 · 1 min
Dacia’s Sales Fell 3% On Year To RON12.7B In 2012
Automotive

Dacia’s Sales Fell 3% On Year To RON12.7B In 2012

Romanian carmaker Automobile Dacia, owned by French group Renault, registered turnover of 12.74 billion lei (EUR2.9 billion) last year, down 3.3% from RON13.17 billion in 2011, while its net...

Ioana Tudor · 16.04.2013 · 19:01 · 1 min
Energy Producers Expect Major Profits For This Year, Have Upbeat Plans For 2015
Energy

Energy Producers Expect Major Profits For This Year, Have Upbeat Plans For 2015

Energy Complex Oltenia, Hidroelectrica and Nuclearelectrica, the largest energy producers in Romania, have budgeted significantly higher profits for this year against last year, with upbeat...

Tudor Ioana Raluca · 16.04.2013 · 00:00 · 2 min
Banks-Insurance

Agricover Credit’s 2012 Profit Up 46% On Year To RON11.2M

Romanian Agricover Credit IFN, part of agribusiness group Agricover, registered profit of 11.2 million lei (EUR2.5 million) in 2012, up 46% on the year, thanks to an increase in the number o...

Ioana Tudor · 15.04.2013 · 14:02 · 1 min