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Energy

Retrasib 1Q Sales Fall To RON5M

Romanian power transformers manufacturer Retrasib Sibiu (RTRA.RO) said Friday it registered sales of 5 million lei (EUR1.1 million) in the first quarter of 2013, down from RON7.5 million in...

Ioana Tudor · 10.05.2013 · 20:50 · 1 min
UniCredit Tiriac Bank 1Q Net Profit Up 166% To RON60M
Banks-Insurance

UniCredit Tiriac Bank 1Q Net Profit Up 166% To RON60M

UniCredit Tiriac Bank, the Romanian arm of Italy’s UniCredit, Friday said its first-quarter net profit rose 166.4% on the year to 60 million lei (EUR13.7 million) in the first quarter, on 16...

Bogdan Neagu · 10.05.2013 · 17:48 · 1 min
Alpha Bank Pretax Loss In Romania More Than Doubles On Year
Banks-Insurance

Alpha Bank Pretax Loss In Romania More Than Doubles On Year

Greece’s third largest lender Alpha Bank Friday said its pretax loss in Romania more than doubled to EUR12.6 million in the first quarter, hit by higher provisions for bad loans.

Florentina Dragu · 10.05.2013 · 14:44 · 1 min
Auchan Romania Gross Sales Exceed EUR500M In 2012
Retail&Consumer

Auchan Romania Gross Sales Exceed EUR500M In 2012

French retailer Auchan said Friday it registered gross sales of 2.353 billion lei (EUR528 million) in Romania last year.

Ioana Tudor · 10.05.2013 · 13:41 · 1 min
Bucharest Bourse 1Q Net Profit Falls To RON1.5M
Capital Market

Bucharest Bourse 1Q Net Profit Falls To RON1.5M

The Bucharest Stock Exchange (BVB.RO) Friday said its net profit fell 45% on the year to 1.5 million lei (EUR0.34 million) in the first quarter, largely due to lower revenues from fees and h...

Florentina Dragu · 10.05.2013 · 13:32 · 1 min
Oil Terminal Loss Widens 86% In 1Q
Energy

Oil Terminal Loss Widens 86% In 1Q

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said its first-quarter loss widened 86% on the year to 2 million lei (EUR0.46 million), on lower sales.

Florentina Dragu · 10.05.2013 · 12:33 · 1 min
Avicola Brasov 1Q Sales Up 9% On Year To RON30.4M
Capital Market

Avicola Brasov 1Q Sales Up 9% On Year To RON30.4M

Romanian poultry processor Avicola Brasov (AVLE.RO) said Thursday it registered sales of 30.4 million lei (EUR6.9 million) in the first quarter of 2013, up 9% from RON27.8 million in the sam...

Ioana Tudor · 09.05.2013 · 19:14 · 1 min
Chimcomplex 1Q Revenue Falls 10% To RON46.4M
Energy

Chimcomplex 1Q Revenue Falls 10% To RON46.4M

Romanian chemical company Chimcomplex Borzesti (CHOB.RO) Thursday reported first-quarter revenues of 46.4 million lei (EUR10.6 million), down 10.4% on the year.

Florentina Dragu · 09.05.2013 · 18:08 · 1 min
Romanian Banking System 1Q Net Profit Rises Fourfold On Year To RON520M
Banks-Insurance

Romanian Banking System 1Q Net Profit Rises Fourfold On Year To RON520M

Romanian banks reported a four-fold rise in their combined net profit to 520 million lei (EUR120 million) in the first quarter, central bank data showed.

Florentina Dragu · 09.05.2013 · 16:56 · 1 min