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Oil Terminal Switches To 9-Month Loss Of RON6.42M
Energy

Oil Terminal Switches To 9-Month Loss Of RON6.42M

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Monday said it has switched to a loss of 6.42 million lei (EUR1.44 million) in the first nine months of 2013, versus profit a yea...

Florentina Dragu · 11.11.2013 · 10:44 · 1 min
Billa Romania Expects Slight Turnover Increase In 2013
Retail&Consumer

Billa Romania Expects Slight Turnover Increase In 2013

Billa Romania, part of German group Rewe, expects its turnover to increase marginally in 2013 as consumption stagnated, Sorana Georgia, the general manager of the retailer, told Mediafax Thu...

Ioana Tudor · 07.11.2013 · 16:57 · 1 min
Vae Apcarom 9-Month Revenues Up 37% On Year To RON90.7M
Capital Market

Vae Apcarom 9-Month Revenues Up 37% On Year To RON90.7M

Romanian rolling stock maker voestalpine Vae Apcarom Buzau (APC.RO), owned by Austria's voestalpine, registered revenues of 90.7 million lei (EUR20.45 million) in the first nine months of 20...

Ioana Tudor · 07.11.2013 · 13:57 · 1 min
Bucharest Bourse 9-Month Net Profit Falls 42% To RON5.5M
Capital Market

Bucharest Bourse 9-Month Net Profit Falls 42% To RON5.5M

The Bucharest Stock Exchange (BVB.RO) Thursday said its net profit fell 42.1% to 5.5 million lei (EUR1.24 million) in the first nine months, hurt by higher costs.

Florentina Dragu · 07.11.2013 · 13:04 · 1 min
BRD 9-Month Profit Rises To RON51M As Costs Fall
Banks-Insurance

BRD 9-Month Profit Rises To RON51M As Costs Fall

Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Thursday said its net profit rose almost five-fold on year to 50.5 million lei (EUR11.4 million) in the...

Florentina Dragu · 07.11.2013 · 09:11 · 1 min
ING Asigurari de Viata Underwrote Premiums Of RON408M In January-September
Banks-Insurance

ING Asigurari de Viata Underwrote Premiums Of RON408M In January-September

Romanian insurer ING Asigurari de Viata said Wednesday it underwrote premiums of 408.2 million lei (EUR92 million) in the first nine months of 2013, up 0.2% on the year, and its gross profit...

Ioana Tudor · 06.11.2013 · 14:07 · 1 min
Garanti Romania 9-Month Net Profit More Than Doubles To EUR26.3M
Banks-Insurance

Garanti Romania 9-Month Net Profit More Than Doubles To EUR26.3M

Garanti Group Romania, a subsidiary of Turkey’s second largest private bank Garanti Bankasi, Wednesday said its consolidated net profit more than doubled on the year to EUR26.3 million in th...

Florentina Dragu · 06.11.2013 · 12:13 · 1 min
evomag.ro Expects 30% Higher Sales In 2013
Retail&Consumer

evomag.ro Expects 30% Higher Sales In 2013

Evolution Prest Systems, owner of online retailer evomag.ro, expects sales of EUR15 million in 2013, up 30% on the year, fueled by a 35% increase in customer numbers and a wider product port...

Ioana Tudor · 04.11.2013 · 13:30 · 1 min
Turbomecanica 9-Month Turnover Down 27% On Year, At RON25.2M
Capital Market

Turbomecanica 9-Month Turnover Down 27% On Year, At RON25.2M

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Thursday said it registered 27% lower turnover of 25.2 million lei (EUR5.7 million) and loss of RON2.9 million on the year in t...

Ecaterina Craciun · 31.10.2013 · 16:31 · 1 min