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Media

Communication Ministry's Companies Anticipate Profits In 2012

All the companies whose shareholders include the Romanian Communication Ministry expect to turn a profit in 2012, according to their revenue and expense budgets for next year, minister Valer...

Radu Bostan · 27.12.2011 · 16:44 · 1 min
Banks-Insurance

State Companies Might Be Again Forced To Transfer 90% Of Profit To State Budget

The Romanian Government wants to force state companies and autonomous departments again to transfer 90% of their profit to the state budget, people close to the matter told MEDIAFAX Thursday...

Ioana Tudor · 22.12.2011 · 19:53 · 1 min
Capital Market

Proprietatea Fund Profit Rises To RON536M In November

Romanian investment fund Fondul Proprietatea Thursday said its net profit inched up 0.5% to 536 million lei (EUR123.4 million) in November, from RON533.4 million a month earlier.

Florentina Dragu · 15.12.2011 · 20:34 · 1 min
Banks-Insurance

BCR Asigurari’s Gross Profit Up 54% In Jan-Sept To RON11.04M

Romanian insurer BCR Asigurari registered a gross profit of 11.04 million lei (EUR2.53 million) in the first nine months of the year, up 53.8% on the year, and its underwritten premiums clim...

Ioana Tudor · 05.12.2011 · 15:57 · 1 min
Companies

Listed Companies Saw 25% Turnover Growth, Profits Up 140% In Jan-Sept

The cumulated turnover of the most important 100 companies to have published results until Friday (November 18) for the third quarter went up in the first nine months by 25.5% to 41 billion...

Andrei Chirileasa · 21.11.2011 · 00:00 · 2 min
Pharmaceutical Companies Lose Their Shine On The Stock Exchange. Profits Down In 3Q
Health

Pharmaceutical Companies Lose Their Shine On The Stock Exchange. Profits Down In 3Q

The five stock-exchange listed companies in the pharmaceutical sector recorded profit declines in the third quarter. The three drug manufacturers, Antibiotice, Zentiva and Biofarm, also saw...

Andrei Chirileasa · 17.11.2011 · 00:00 · 3 min
Petrom Announces Highest Profit Ever. Austrian Owners Win, Local Economy Loses
Energy

Petrom Announces Highest Profit Ever. Austrian Owners Win, Local Economy Loses

Profit chain: Fuels become more expensive. OMV Petrom (SNP.RO) makes higher profit. Austrian-held OMV, which owns 51% in Petrom, makes even more money. The government gains something, too, t...

Andrei Chirileasa · 10.11.2011 · 00:00 · 5 min
Banks-Insurance

Insurer ING Asigurari De Viata 9-Mo Underwritten Premiums Up 0.8% To RON407.5M

Romanian insurer ING Asigurari de Viata underwrote premiums of 407.5 million lei (about EUR93.5 million) in the first nine months of the year, up 0.8% compared with September 2010, while its...

Ioana Tudor · 03.11.2011 · 17:42 · 1 min
Capital Market

Proprietatea Fund Profit Falls To RON535M In September

Romanian investment fund Fondul Proprietatea Friday said its net profit fell 2.4% to 535.3 million lei (EUR123.8 million) in September, from RON548.8 million a month earlier.

Florentina Dragu · 14.10.2011 · 20:44 · 1 min