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Farmaceutica Remedia 1Q Turnover Up 15%, Net Profit Down 41%
Health

Farmaceutica Remedia 1Q Turnover Up 15%, Net Profit Down 41%

Romanian pharmaceutical wholesaler Farmaceutica Remedia Deva (RMAH.RO) on Monday said its first-quarter turnover rose around 15% on the year to 62 million lei (EUR14.3 million), while its fi...

Ecaterina Craciun · 30.04.2013 · 15:11 · 1 min
Garanti Group Romania 1Q Net Profit Rises 70% To EUR9.9M
Banks-Insurance

Garanti Group Romania 1Q Net Profit Rises 70% To EUR9.9M

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Tuesday said its consolidated net profit rose roughly 70% on the year to EUR9.9 million in the first quar...

Florentina Dragu · 30.04.2013 · 14:16 · 1 min
HeidelbergCement Sales in Romania Fell 7% In 2012, To EUR195M
Real Estate

HeidelbergCement Sales in Romania Fell 7% In 2012, To EUR195M

German group HeidelbergCement registered sales of EUR195 million in Romania in 2012, down 7% on the year, while its net profit rose 12.5% to EUR36 million, mainly thanks to cost restructurin...

Ioana Tudor · 30.04.2013 · 13:33 · 1 min
Unirea Shopping Center 2012 Profit Surges 66% To RON5.8M
Retail&Consumer

Unirea Shopping Center 2012 Profit Surges 66% To RON5.8M

Romania’s Unirea Shopping Center (SCDM.RO) registered 5.4% higher turnover to 82.8 million lei (EUR18.6 million) and 66% higher profit to RON5.8 million on the year in 2012.

Ecaterina Craciun · 29.04.2013 · 19:36 · 1 min
Condmag Sees Return To Profit In 2013
Energy

Condmag Sees Return To Profit In 2013

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) expects will return to a profit in 2013, from losses a year earlier, helped by higher revenue and falling costs, according to the com...

Florentina Dragu · 29.04.2013 · 18:22 · 1 min
Companies

Turbomecanica 1Q Loss Narrows To RON1.64M

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Monday said its loss narrowed 47% to 1.64 million lei (EUR0.37 million) in the first quarter, from RON3.07 million in the year-...

Florentina Dragu · 29.04.2013 · 12:30 · 1 min
SIF Banat-Crisana 1Q Revenue Down 25% To RON28M
Capital Market

SIF Banat-Crisana 1Q Revenue Down 25% To RON28M

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Monday reported revenue of 27.9 million lei (EUR6.3 million) for the first quarter, down 25% on the year.

Bogdan Neagu · 29.04.2013 · 11:54 · 1 min
Erste Group Bank 1Q Net Profit Falls To EUR176.2M Despite Lower Risk Costs
Banks-Insurance

Erste Group Bank 1Q Net Profit Falls To EUR176.2M Despite Lower Risk Costs

Austria's Erste Group Bank AG (EBS.RO) Monday said it registered net profit of EUR176.2 million in the first quarter of 2013, down from EUR346 million in the similar interval a year ago, des...

Ioana Tudor · 29.04.2013 · 11:12 · 1 min
BCR 1Q Loss Narrows To RON12.1M Vs RON307.8M
Banks-Insurance

BCR 1Q Loss Narrows To RON12.1M Vs RON307.8M

Romania’s largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), Monday reported a net loss of 12.1 million lei (EUR2.8 million) for the first quarter, compared with RON307.8 milli...

Bogdan Neagu · 29.04.2013 · 09:59 · 1 min