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BCR BpL 1H Net Profit Triples To RON10.8M
Banks-Insurance

BCR BpL 1H Net Profit Triples To RON10.8M

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) Wednesday said its net profit more than tripled in the first half of 2012, to 10.8 million lei (EUR2.42 million), fueled by a 87%...

Manuela Panescu · 29.08.2012 · 13:04 · 1 min
Fondul Proprietatea’s Net Profit Up 6.1% To RON575M In Jan-July
Capital Market

Fondul Proprietatea’s Net Profit Up 6.1% To RON575M In Jan-July

Romanian investment fund Fondul Proprietatea (FP.RO) Tuesday said it registered a 6.1% higher net profit in the first seven months of 2012, at 575 million lei (EUR130 million), from RON541.5...

Manuela Panescu · 14.08.2012 · 13:01 · 1 min
Banks-Insurance

Romanian Allianz-Tiriac Asigurari 1H Pre-Tax Profit Up 34% To RON7.4M

Romanian insurer Allianz-Tiriac Asigurari said Wednesday its profit before tax (BPT) stood at 7.4 million lei (EUR1.6 million) in the first half of 2012, up 34% compared with the similar int...

Ioana Tudor · 08.08.2012 · 13:18 · 1 min
Real Estate

NEPI’s Profit Attributable To Shareholders Doubled In 1H To EUR14.37M

South-African real estate investment fund New Europe Property Investments (NEP.RO) said Tuesday its profit attributable to shareholders stood at EUR14.37 million in the first half of 2012, d...

Ioana Tudor · 07.08.2012 · 20:40 · 1 min
Banks-Insurance

Romania’s Top Three Life Insurers Paid Dividends Of EUR100M In Five Years

Romania’s top three life insurance companies, ING Asigurari de Viata, BCR Life and Alico, registered net profits of 526.3 million lei between 2007 and 2011, and paid out dividends of RON417....

Ioana Tudor · 06.08.2012 · 18:17 · 2 min
Premium Car Sellers Have Most Profitable Employees
Automotive

Premium Car Sellers Have Most Profitable Employees

Importers of expensive cars had the most profitable employees last year. Each person working for BMW Group Romania, Porsche Romania and Mercedes-Benz Romania generated EUR45,000 to EUR550,00...

Radu Bostan · 26.07.2012 · 00:00 · 2 min
Capital Market

Leu Depreciation Erodes Profits Of Listed Companies

Most analysts on the capital market believe the serious depreciation of the leu against the main currencies over the last few months will generally have a negative impact on the companies’ r...

Radu Bostan · 25.07.2012 · 00:00 · 3 min
Terapia Ranbaxy’s Net Profit Up 28% In 2011, To EUR22.6M
Health

Terapia Ranbaxy’s Net Profit Up 28% In 2011, To EUR22.6M

Romanian pharmaceutical company Terapia Ranbaxy registered a net profit of 95.84 million lei (EUR22.6 million) in 2011, up 28 % on the year, and sales of RON421 million (EUR99.39 million), a...

Ioana Tudor · 16.07.2012 · 13:33 · 1 min
Capital Market

SIF Triple Profits From Share Sales

Four of the five regional investment funds (SIF), ended the first half with cumulated profits of 331.3 million lei (EUR73 million), 3.7 times higher than last year, mainly because of the sal...

Roxana Pricop · 16.07.2012 · 00:00 · 3 min