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ALB: Leasing Market Up 12% In 1Q, To EUR242.8M
Banks-Insurance

ALB: Leasing Market Up 12% In 1Q, To EUR242.8M

The Romanian financial leasing market decreased 12% on the year to EUR242.86 million in the first quarter of 2013, due to a 19% decline on the auto segment to EUR173.2 million, Antoaneta Cur...

Ecaterina Craciun · 28.05.2013 · 13:23 · 1 min
VIG Underwritten Gross Premiums In Romania Fell 25% In 1Q, To EUR101M
Banks-Insurance

VIG Underwritten Gross Premiums In Romania Fell 25% In 1Q, To EUR101M

Austria’s Vienna Insurance Group (VIG) said Tuesday it underwrote gross premiums of EUR101.2 million in Romania in the first quarter of 2013, down 24.8% from EUR134.6 million in the same per...

Ecaterina Craciun · 28.05.2013 · 11:31 · 1 min
CEC Bank 2012 Net Profit Falls To RON37M On Higher Provisions
Banks-Insurance

CEC Bank 2012 Net Profit Falls To RON37M On Higher Provisions

Romanian state-owned lender CEC Bank Monday said its net profit fell to 37 million lei (EUR8.5 million) in 2012, from RON67.4 million a year earlier, on higher provisioning for bad loans.

Florentina Dragu · 27.05.2013 · 13:29 · 1 min
Militari Shopping Center's 1Q Net Rental Income Falls 2.1% On Year To EUR1.65M
Real Estate

Militari Shopping Center's 1Q Net Rental Income Falls 2.1% On Year To EUR1.65M

Property firm Atrium European Real Estate said Friday its net rental income from the Militari Shopping Center in Bucharest fell 2.1% on the year to EUR1.65 million in the first quarter of 20...

Ioana Tudor · 24.05.2013 · 11:36 · 1 min
Marelvi 2012 Sales Steady At EUR38M
Retail&Consumer

Marelvi 2012 Sales Steady At EUR38M

Romanian household appliance wholesaler Marelvi Impex Radauti registered sales of about EUR38 million in 2012, slightly up from EUR37.6 million in the previous year.

Ioana Tudor · 23.05.2013 · 14:59 · 1 min
Boromir Prod Buzau 1Q Turnover Down 12.4% On Year, To RON24.6M
Capital Market

Boromir Prod Buzau 1Q Turnover Down 12.4% On Year, To RON24.6M

Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) reported first-quarter turnover of 24.63 million lei (EUR5.6 million), down 12.5% on the year.

Ecaterina Craciun · 22.05.2013 · 20:39 · 1 min
Carpatica Asig 1Q Underwritten Premiums Double On Year, To RON125.9M
Banks-Insurance

Carpatica Asig 1Q Underwritten Premiums Double On Year, To RON125.9M

Romanian insurer Carpatica Asig Sibiu said Wednesday it underwrote premiums of 125.9 million lei (EUR28.9 million) in the first quarter of 2013, up 95.4% from the same period in 2012.

Ecaterina Craciun · 22.05.2013 · 19:21 · 1 min
Astra 1Q Underwritten Premiums Up 8.6% On Year, To RON321.1M
Banks-Insurance

Astra 1Q Underwritten Premiums Up 8.6% On Year, To RON321.1M

Romanian insurer Astra underwrote insurance premiums of 321.1 million lei (EUR73.8 million) in the first quarter of 2013, up 8.6% from the same period in 2012.

Ecaterina Craciun · 22.05.2013 · 16:11 · 1 min
Libra Internet Bank 1Q Assets Rise 25% To RON857M
Banks-Insurance

Libra Internet Bank 1Q Assets Rise 25% To RON857M

Romanian lender Libra Internet Bank Wednesday reported a 25% increase in its first-quarter assets to 857.2 million lei (EUR197.2 million), from RON683.8 million in December last year.

Florentina Dragu · 22.05.2013 · 13:42 · 1 min