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GTC Romania Retail Assets' Value Down Significantly in 2012
The value of retail assets of Israeli-owned real estate developer Globe Trade Center (GTC) has decreased by over EUR500 million since 2009, with Romanian properties accounting for the highes...
Smithfield Foods Sales In Romania Up 3% In May '12-Jan '13, To Over $190M
U.S. pork producer and processor Smithfield Foods said its sales in Romania rose 3% in the first nine months of fiscal year 2013 (May 2012- January 2013) to $190.5 million from $184.3 millio...
Romcarbon Sales Up 26%, To RON131.2M In 2012
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) said Friday its sales increased 26% to 131.2 million lei (EUR30.16 million) in 2012, from RON103.8 million a year before.
Orsova Shipyard Switches To RON7.8M Loss In 2012
Romanian shipyard Santierul Naval Orsova (SNO.RO) Friday said it switched to loss of 7.8 million lei (EUR1.7 million) last year, versus profit of RON0.4 million in 2011, following asset valu...
OTP Bank Romania Swings To EUR19M Loss In 2012 As Provisions Rise
OTP Bank Romania, the local unit of Hungary’s financial group OTP, has swung to a loss of EUR19.1 million in 2012, hurt by higher risk costs and falling operating profit, the Hungarian lende...
Altur Slatina 2012 Profit More Than Doubles To RON5.4M
Romanian car parts maker Altur Slatina (ALT.RO) Friday said its net profit more than doubled to 5.39 million lei (EUR1.2 million) in 2012, from RON2.57 million a year earlier.
Prefab Net Profit Rose To RON2.3M In 2012
Romanian building materials maker Prefab (PREH.RO) said Friday its net profit increased to 2.3 million lei (EUR0.5 million) last year, from RON0.91 million in 2011.
UNSAR Members' Underwritten Premiums Up 4% In 2012 To RON7.5B
Premiums underwritten by insurers that make up the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) climbed some 4% last year to 7.5 billion lei (EUR1.7 million), fro...
British Airways: Romanians' Flight Bookings Boosted Company's Revenue Locally
Emil Delibashev, head of British Airways for the Balkans and Hungary, said Romanians’ ticket reservations for non-stop flights to London and for transatlantic flights to the US and Canada bo...