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Oltchim Posts RON9M Loss From Current Operations In 1H, But Huge Profit After Annulment Of Debts
Romanian state-run chemical plant Oltchim registered a net profit of RON2.31 billion (EUR518 million) in the first half of 2015, after the annulment of debts worth RON2.35 billion based on i...
CFR Marfa Revenue Down 17% In 1H
Romanian state-owned railway freight carrier CFR Marfa posted 363.6 million lei (EUR82 million) revenue in the first semester, down 17% from the same period in 2014 and 8% below the company’...
Conpet Posted 7% Higher Profit In 2Q, On Savings With Oil Transport
State-run oil transporter Conpet Ploiesti (COTE.RO) reported a 7% higher profit in April to June, at 17.2 million lei, on the backdrop of savings with oil transportation by train.
Cocor Profit Twofold Higher In 1H
Shopping center operator Cocor Bucuresti (COCR.RO) reported a gross profit of 701,000 lei in the first semester, double on the year, on the backdrop of lower total expenses.
Banca Transilvania 1H Net Profit Up 5% To RON190.2M
Romanian lender Banca Transilvania (TLV.RO) Monday posted a net profit of 190.2 million lei (EUR43 million) for the first half of the year, up 5.1% from the same period of 2014.
Ufuk Tandogan, Garanti: Investment Loans Up, Small Businesses Doing Better
Local subsidiaries of Turkish Garanti group posted 75 million lei (EUR17 million) net profit in the first half, flat on the year-ago period, while operating revenue and risk costs went down.
Romaero Baneasa Aims To Break-Even In 2015
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) aims to break-even in 2015, switching from losses of 45 million lei a year before, according to the company’s pr...
Intesa Sanpaolo’s Net Profit Surged To EUR7M In 1H, On Lower Provisions
The local units of Italy’s Intesa Sanpaolo posted a net profit of EUR7 million (31 million lei) in the first half of 2015, significantly higher from EUR1 million during the same period a yea...
Pawnbrokers See Revenue Down, Profit Margin Still Higher Than Economy Average
The largest 18 pawnbrokers - financial institutions supervised by Romania’s central bank along with leasing and consumer finance companies, posted 284 million lei (about EUR64 million) reven...