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Top Ten Romanian Banks After 1H
The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are see...
SIFs' Net Assets Fall In July To RON7.1B
The cumulated net asset value of Romania’s five regional investment funds, or SIFs, dropped 0.65% in July, to 7.113 billion lei (EUR1.66 billion), from RON7.16 billion at the end of June.
BRD Remains Most Profitable Bank On The Market
BRD-SocGen reported a net profit of 159 million lei (EUR38 million), up 30% on the first quarter, but around 5% lower than the result posted in the similar period of 2010.
BCR's Net Profit Up 8% On Quarter To RON82 Mln In 2Q
Romanian banking group BCR Friday reported a second-quarter consolidated net profit of 82 million lei (EUR19.7 million), up 8% compared with the previous quarter, but only a third of the res...
Hidroelectrica 1H Profit Sinks On Lower Rainfalls
Lower rainfalls this year and rising water costs led hydro-power producer Hidroelectrica’s profit down four times in the first half of the year against the similar period of 2010.
Turceni Power Plant Swings To RON80M Net Profit In 1H
Romanian thermal power producer CE Turceni Friday said it has switched to profit in the first six months, versus losses in the year-earlier period, fueled by a 44% increase in output.
SIF Transilvania's Profit Surges In 1H, Other SIFs Report Lower Results
SIF Transilvania (SIF3.RO) ended the first half of this year with a profit of almost 90 million lei (EUR21 million), four times higher than in the same period a year ago, while the profits o...
Half Of Glenmark’s Growth To Come From New Products
The Romanian arm of Indian pharmaceutical company Glenmark expects the newly launched products to fuel the 20% growth seen for the financial year ending in March 2012. The new products shoul...
Half Of RASDAQ's 80 Blue-Chips Brought Profit To Investors
Interest in RASDAQ market has plunged this year, amid its uncertain status and after some of its major companies were moved to the main market of the Bucharest Stock Exchange. Nevertheless,...