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Capital Market

Insolvent Concefa Sibiu 2012 Revenues Fell To RON22.7M

Romanian insolvent construction company Concefa Sibiu (COFI.RO) Thursday said its revenues dropped almost four times last year to 22.7 million lei (EUR5.2 million), from RON85 million in 201...

Ioana Tudor · 28.02.2013 · 17:39 · 1 min
Cosmote Romania Reports EUR462.8M Revenue In 2012 Vs EUR468.2M In 2011
Technology &Telecoms

Cosmote Romania Reports EUR462.8M Revenue In 2012 Vs EUR468.2M In 2011

Mobile operator Cosmote Romania registered revenue of EUR462.8 million in 2012, slightly down from EUR468.2 million in 2011, Greek group OTE, owner of Cosmote, said Thursday.

Ecaterina Craciun · 28.02.2013 · 15:06 · 1 min
Companies

FAN Courier Eyes Rise Of 2013 Sales To Around EUR60M

Romanian courier services provider FAN Courier estimates its sales will increase 5% to 10% in 2013 to around EUR60 million, from 242.2 million lei (EUR54.7 million) last year.

Ioana Tudor · 28.02.2013 · 13:36 · 1 min
Romtelecom 2012 Revenue Down 5.4% To EUR619.6M
Technology &Telecoms

Romtelecom 2012 Revenue Down 5.4% To EUR619.6M

Romanian telecom operator Romtelecom’s revenue fell 5.4% to EUR619.6 million in 2012, from EUR655.1 million in 2011, mainly due to mobile termination rate (MTR) cuts, Greek group OTE, owner...

Ecaterina Craciun · 28.02.2013 · 13:13 · 1 min
Socep 2012’s Net Profit Down 62% On Year To RON2.25M
Automotive

Socep 2012’s Net Profit Down 62% On Year To RON2.25M

Romanian harbor operator Socep Constanta (SOCP.RO) Thursday reported a 62% lower net profit in 2012, to 2.25 million lei (EUR0.51 million), from RON5.93 million a year before.

Manuela Panescu · 28.02.2013 · 12:11 · 1 min
Aerostar Bacau Reports Net Profit Of RON15.1M In 2012
Automotive

Aerostar Bacau Reports Net Profit Of RON15.1M In 2012

Romanian plane construction and repair firm Aerostar Bacau (ARS.RO) on Thursday reported net profit of 15.1 million lei (EUR2.6 million) in 2012, up by almost one third from RON11.6 million...

Ecaterina Craciun · 28.02.2013 · 11:40 · 1 min
Energy

Artego Targu Jiu 2012’s Net Profit Surges To RON11.7M

Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) reported a net profit of 11.69 million lei (EUR2.6 million) in 2012, 2.7-fold higher from RON4.34 million a year ago, the company said...

Manuela Panescu · 28.02.2013 · 11:25 · 1 min
Electromagnetica 2012 Pretax Profit Up 4.4%, To RON18.4M
Energy

Electromagnetica 2012 Pretax Profit Up 4.4%, To RON18.4M

Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) on Thursday said its gross profit rose 4.4% to 18.42 million lei (EUR4.1 million) in 2012, compared to R...

Ecaterina Craciun · 28.02.2013 · 10:55 · 1 min
Oil Terminal Profit Flat On 3.6% Lower Sales
Energy

Oil Terminal Profit Flat On 3.6% Lower Sales

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Thursday said its net profit stood at 540,000 lei (EUR121,000) in 2012, flat on the year, despite a 3.6% decrease in net turnover...

Neagu Bogdan Mircea · 28.02.2013 · 10:23 · 1 min