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Top Five Construction Companies Valued At EUR1.5B Thanks To High Profit Margins
Companies

Top Five Construction Companies Valued At EUR1.5B Thanks To High Profit Margins

The five leading companies on the Romanian construction market have been valued at nearly EUR1.5 billion this year, according to the seventh edition of the “100 most valuable companies in Ro...

Tudor Ioana Raluca · 27.11.2012 · 00:00 · 2 min
EU Funds Consultant Posted EUR6M Profit In Five Years
Companies

EU Funds Consultant Posted EUR6M Profit In Five Years

Gheorghe Boeru, the entrepreneur behind Romair Consulting, one of the leading consultancy companies in European Union’s funds, posts a turnover of EUR6-8 million a year on a “market” where b...

Manuela Panescu · 21.11.2012 · 00:00 · 3 min
Law Firm: Banks Will Get Rid Of “Skeletons” When New Projects Turn Profitable
Banks-Insurance

Law Firm: Banks Will Get Rid Of “Skeletons” When New Projects Turn Profitable

Francisc Peli, founding partner of law firm PeliFilip and one of the most respected lawyers on the real estate segment, says management activities currently occupy 80% of his time.

Manuela Panescu · 16.11.2012 · 00:00 · 3 min
SIF Transilvania 10-Month Profit Hits Record Level Of RON221M
Capital Market

SIF Transilvania 10-Month Profit Hits Record Level Of RON221M

The profit of Romanian regional investment fund SIF Transilvania (SIF3.RO) increased to 221 million lei (EUR49.7 million) in the first ten months of the year, outshooting the record net prof...

Ioana Tudor · 15.11.2012 · 18:43 · 2 min
Automotive

Altur Slatina 9-Month Sales Falls, Profit Rises

Romanian car parts maker Altur Slatina (ALT.RO) on Thursday said its turnover fell 14.5% in the first nine months to 88.13 million lei (EUR19.4 million), from RON103.08 million in the simila...

Ioana Tudor · 15.11.2012 · 17:59 · 1 min
Proprietatea Fund 10-Month Net Profit Up To RON571.3M
Capital Market

Proprietatea Fund 10-Month Net Profit Up To RON571.3M

Romanian investment fund Fondul Proprietatea (FP.RO) Thursday said its net profit rose 7.1% to 571.3 million lei (EUR126 million) in the first ten months, from RON533.4 million a year earlie...

Florentina Dragu · 15.11.2012 · 11:16 · 1 min
BCR Head Plans To Bring The Bank Back To Profit In 2013
Banks-Insurance

BCR Head Plans To Bring The Bank Back To Profit In 2013

Austrian Erste Group has commissioned Czech banker Tomas Spurny, known regionally as an expert in restructuring, to bring Romanian BCR lender back to profit, if possible as early as next yea...

Manuela Panescu · 08.11.2012 · 00:00 · 4 min
Nuke Downtime Cuts Nuclearelectrica’s Profit By 16%
Energy

Nuke Downtime Cuts Nuclearelectrica’s Profit By 16%

State-run Nuclearelectrica, one of the largest energy producers in Romania, recorded a slight turnover increase in the first nine months of the year against the similar period of last year,...

Oana Gavrila · 05.11.2012 · 00:00 · 1 min
Ropharma Profit Falls 40% In January-September
Health

Ropharma Profit Falls 40% In January-September

Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) Wednesday said its profit fell 40% to 5.2 million lei (EUR1.2 million) in the first nine months of 2012, from RON8.6 million in the...

Ioana Tudor · 31.10.2012 · 18:20 · 1 min