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SIF Crisana-Banat 2012 Net Profit Climbs 60% To Over RON100M
The net profit of Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) climbed 60% last year to 100.5 million lei (EUR22.6 million), from RON63 million in 2011, supported by increas...
Mrad, Springtime: Keeping Customers More Important Than Making Profit
Maissam Mrad, managing director of fast food chain Springtime, says businesspeople should not use the past as reference, especially the boom period, because otherwise they will always be unh...
BCR Sees RON238M Net Profit In 2013
Romanian leading bank BCR, a unit of Austria’s Erste Group Bank AG (EBS.RO), estimates a pretax profit of 250 million lei (EUR57.5 million) for the full-year 2013, according to the lender’s...
UniCredit: Won't Sacrifice Romanian Unit's Profit To Attract Deposits At Any Cost
UniCredit Tiriac Bank, controlled by Italian group UniCredit in partnership with Romanian businessman Ion Tiriac, will not force a fast adjustment of the imbalance between loans and deposits...
SIF Transilvania 11-Month Profit Stays At Record High Despite Loss In November
Romanian regional investment fund SIF Transilvania (SIF3.RO) registered losses of 740,000 lei (about EUR165,000) in November, but its profit in the first eleven months of RON220.3 million, i...
Fondul Proprietatea Registers Loss In November, 11-Month Profit Falls To RON569M
Romanian investment fund Fondul Proprietatea (FP.RO) registered losses of 1.9 million lei (EUR0.42 million) in November and its profit dropped to RON569.4 million in the first eleven months...
Coca-Cola HBC’s Value Falls By EUR280M In Five Years, Profit Halves
The market value of major soft drinks bottler Coca-Cola HBC Romania, the largest soft drinks bottler on the Romanian market, was valued at EUR414 million this year, down 20% against last yea...
CFR Switches To Profit Of RON58M In January-October, Cuts Debts By 65%
Romania’s state-owned railway company CFR reduced its debts by 65% in the first ten months of 2012 to 1.9 billion lei (EUR0.41 billion) from RON5.5 billion, and switched to profit of RON58.4...
Stocks That Stick Around
TMK Artrom Slatina (ART.RO), Uamt Oradea (UAM.RO), Comelf Bistrita (CMF.RO), Foraj Sonde Craiova (FOR.RO) and Mobila Alfa (ALF.RO) are the only stocks from the first wave of floatation on th...