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Oltchim Posts RON16M Loss From Current Operations In January-September 2015
Romanian state-run chemical plant Oltchim on Thursday said it registered an overall loss from current operations of RON15.76 million (EUR3.55 million) in January-September 2015, ten times lo...
Danone Romania Switched To Profit In 1H, On Encouraging Consumption Signals
Dairy producer Danone Romania posted a turnover of 230 million lei in the first semester, down 1.6% from the same period a year before, reducing the 5% gap reported the first half of 2014.
Jumbo Profit At EUR5.5M In Romania In FY 2014-2015
Greek toy retailer Jumbo registered net sales of EUR24.8 million and a net profit of EUR5.54 million in Romania in 2014/2015 financial year ended June 30, the company said in its financial r...
Multinationals Made RON2.5B Profit In Romania In 2008-2014, Local Entrepreneurs 22 Times More
Foreign owned companies in Romania posted merely 2.5 billion lei (EUR565 million) net profit (calculated by deducting net losses from net profit posted) in 2008-2014. Romanian entrepreneur-o...
Conpet’s Administrators To Receive Performance Bonuses Of 2015’s Net Profit
The non-executive administrators of state-run oil transporter Conpet Ploiesti (COTE.RO) will receive a performance bonus of 0.415% of the amount resulted from the company’s forecasted and ac...
More Than Half Of Romania’s Banking System In The Black In H1
A number of 24 banks in the system posted profit in the first half, while 16 were in the red, said Nicolae Cinteza, head of the Supervision Department of Romania’s central bank.
Grup Servicii Petroliere Returned To Profit In 2014
Grup Servicii Petroliere (GSP), the flagship company of the Upetrom group of Constanta businessman Gabriel Comanescu, returned to profit in 2014 from 163 million lei (EUR37 million) loss in...
20 Companies Make Almost 20% Of Profits In Romania
The top 20 companies in Romania by net profit last year became about 12 billion lei (EUR2.7 billion) richer last year. The champions of the local economy account for almost one fifth of the...
Albalact Mulls Raraul Factory Restructuring For Profit Making
Romania’s largest dairy business Alba¬lact (ALBZ.RO) aims to restructure the cheese portfolio and increase the marketed volumes in order to turn its Campulug Moldovenesc factory Raraul on pr...