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Erste Back In Black With EUR483.5M Net Profit In 2012
Austria’s Erste Group Bank (EBS.RO) Thursday reported a net profit after minorities of 483.5 million euro in 2012, versus a loss of EUR718.9 million in the previous year, as the group’s risk...
BCR Swings To Net Loss Of RON1.2B in 2012
Romania’s leading bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), Thursday reported a net loss of 1.2 billion lei (EUR277 million), as higher risk costs negated an otherwise good op...
Romania Vrancart 2012 Net Profit More Than Doubles On Year
Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) Wednesday said its net profit more than doubled to 5 million lei (EUR1.1 million) in 2013, from RON2.1 million a year earlier.
ProTV Posts Net Revenues Of $134 Mln in 2012
Romanian media company ProTV, the leader on the local television, posted net revenues of $134 million in 2012, while its operating income before depreciation and amortization (OIBDA) stood a...
Holcim Romania 2012 Cement, Clinker Sales Down 3.6% By Volume
Holcim Romania’s sales of cement and clinker dropped 3.6% by volume last year, as the local construction market saw no improvement, Swiss group Holcim announced Wednesday.
Transgaz Net Profit Down 27% In 2012 To RON281M
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday reported a preliminary net profit of 281 million lei (EUR63 milion) for 2012, down 27% on the year.
Astra Asigurari’s Underwritten Premiums Up 12.3% In 2012 To RON1.13B
Romanian insurer Astra Asigurari said Tuesday it underwrote premiums of 1.13 billion lei (EUR0.25 billion) in 2012, up 12.3% on the year.
AXA Life Romania’s Underwritten Premiums Up 31% In 2012
AXA Life Insurance Romania’s revenues from underwritten premiums increased 31% last year, from 24.8 million lei (EUR5.6 million) in 2011, according to insurance market regulator CSA.
Farmec Cluj-Napoca Sales Up 10% In 2012 To RON121M
Romanian cosmetics maker Farmec Cluj-Napoca said Monday its sales increased 10% on the year, to over 121 million lei (EUR27.6 million) in 2012.