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Transelectrica 2012 Net Profit Down 76% to RON27M
Energy

Transelectrica 2012 Net Profit Down 76% to RON27M

Romanian state-owned power grid operator Transelectrica (TEL.RO) Friday said its net profit fell 76% in 2012, as electricity volumes were down almost 4% compared with the previous year.

Bogdan Neagu · 15.02.2013 · 10:39 · 1 min
Titan’s Net Profit Fell 43% In 4Q/2012, To RON1.3M
Capital Market

Titan’s Net Profit Fell 43% In 4Q/2012, To RON1.3M

Romanian milling and bakery company Titan (MPN.RO) registered net profit of 1.3 million lei (EUR0.29 million) in the last quarter of last year, down 43% from RON2.3 million in the similar in...

Ioana Tudor · 14.02.2013 · 19:42 · 1 min
Electroputere 2012 Loss Halves To RON24.2M
Automotive

Electroputere 2012 Loss Halves To RON24.2M

Romanian electric engine maker Electroputere Craiova (EPT.RO) Thursday said its loss halved to 24.23 million lei (EUR5.4 million) in 2012, with costs dropping at a faster pace than revenues.

Florentina Dragu · 14.02.2013 · 18:58 · 1 min
Capital Market

TMK-Artrom 2012’s Revenues Fall 6% On Year, To RON909.1M

Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, posted revenues of 909.1 million lei (EUR16 million) in 2012, 6% lower on the year, the company said in its...

Manuela Panescu · 14.02.2013 · 18:28 · 1 min
Krka’s Sales In Romania Fell To EUR47M In 2012
Health

Krka’s Sales In Romania Fell To EUR47M In 2012

Slovenian pharmaceutical group Krka’s sales in Romania fell to EUR47 million last year, from EUR48.6 million in 2011, but the country remained the company’s largest market in Southeastern Eu...

Ioana Tudor · 14.02.2013 · 16:20 · 1 min
ATP Exodus Sales Steady In 2012, At EUR71.3M
Automotive

ATP Exodus Sales Steady In 2012, At EUR71.3M

Romanian car dealer and car part supplier ATP Exodus Thursday said its sales amounted to EUR71.3 million last year, similar to the result registered in 2011.

Ioana Tudor · 14.02.2013 · 15:30 · 1 min
Iulius Group 2012 Revenue Rises To EUR55.6M
Real Estate

Iulius Group 2012 Revenue Rises To EUR55.6M

Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, Thursday said it registered revenue of EUR55.6 million in 2012, from its four Iulius Mall shopping centers and th...

Manuela Panescu · 14.02.2013 · 14:51 · 1 min
UPC Romania’s Revenue Up 3.1% In 2012, To RON450M
Technology &Telecoms

UPC Romania’s Revenue Up 3.1% In 2012, To RON450M

Cable television operator UPC Romania reported 450 million lei (EUR102.7 million) revenue in 2012, from RON437 million in 2011, following the customer numbers increase.

Manuela Panescu · 14.02.2013 · 13:40 · 1 min
Fondul Proprietatea To Pay Gross Dividend Of RON0.0408/Share
Capital Market

Fondul Proprietatea To Pay Gross Dividend Of RON0.0408/Share

Romanian investment fund Fondul Proprietatea (FP.RO) Thursday proposed a gross dividend of 0.0408 lei (EUR0.009) per share, up 5.9% from the dividend paid last year.

Bogdan Neagu · 14.02.2013 · 11:02 · 1 min