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Capital Market

SIF Transilvania 2012 Net Profit Hits Record High Of RON212M

Romanian regional investment funds SIF Transilvania (SIF3.RO) posted a record net profit of 212.4 million lei (EUR47.6 million) in 2012, mainly fueled by revenue from sales of shares in lend...

Florentina Dragu · 15.01.2013 · 18:41 · 1 min
Fondul Proprietatea’s Profit At RON567M In 2012, Up 4.2% On Year
Capital Market

Fondul Proprietatea’s Profit At RON567M In 2012, Up 4.2% On Year

Romanian investment fund Fondul Proprietatea (FP.RO) registered a net profit of 566.98 million lei (EUR127 million) in 2012, up 4.2% from RON543.82 million a year before.

Manuela Panescu · 15.01.2013 · 13:00 · 1 min
Titan Swings To RON6.8M Loss In 2012 Fiscal Year
Companies

Titan Swings To RON6.8M Loss In 2012 Fiscal Year

Romanian milling and bakery company Titan (MPN.RO) Monday reported a loss of 6.4 million lei (EUR1.4 million) in fiscal year 2012 ended September 30, one third higher than the preliminary re...

Manuela Panescu · 14.01.2013 · 16:57 · 1 min
Online Card Payments Through RomCard Up 38% In 2012 To EUR220M
Banks-Insurance

Online Card Payments Through RomCard Up 38% In 2012 To EUR220M

Online card payments in Romania, processed by RomCard, amounted to EUR220 million in 2012, up 38% on the year, e-commerce solution provider PayU said Tuesday.

Ioana Tudor · 08.01.2013 · 14:46 · 1 min
Banks-Insurance

Piraeus Bank’s NPL In Romania Rose To 24% In January-September

Greek lender Piraeus Bank’s non-performing loans in Romania increased to 24% in the first nine months of the year from 18.1% at the end of 2011, the bank said Thursday.

Ioana Tudor · 20.12.2012 · 20:03 · 1 min
EFG Eurobank Loss In Romania Widens To EUR27M In Jan-Sep
Banks-Insurance

EFG Eurobank Loss In Romania Widens To EUR27M In Jan-Sep

Greek group EFG Eurobank, the owner of lender Bancpost and other local financial companies, registered a loss of EUR27.3 million in Romania in the first nine months of 2012, from a negative...

Ioana Tudor · 20.12.2012 · 13:47 · 1 min
Capital Market

Fondul Proprietatea Registers Loss In November, 11-Month Profit Falls To RON569M

Romanian investment fund Fondul Proprietatea (FP.RO) registered losses of 1.9 million lei (EUR0.42 million) in November and its profit dropped to RON569.4 million in the first eleven months...

Ioana Tudor · 14.12.2012 · 19:20 · 1 min
Eurolines Sees Sales At RON243M In 2012, Up 32% On Year
Automotive

Eurolines Sees Sales At RON243M In 2012, Up 32% On Year

Romanian tourism group Eurolines estimates its sales will increase 32% in 2012 to 243 million lei (EUR54 million), Dragos Anastasiu, the owner of the group, said Thursday.

Ioana Tudor · 13.12.2012 · 16:08 · 1 min
MedLife Sees 2012 Sales At About EUR60M
Health

MedLife Sees 2012 Sales At About EUR60M

Romanian private healthcare provider MedLife estimates its turnover will increase 20% this year to EUR58.8 million.

Ioana Tudor · 12.12.2012 · 13:29 · 1 min