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Ruling Coalition Wins Elections With 58.63% In Chamber of Deputies, 60.1% In Senate
Social/Politics

Ruling Coalition Wins Elections With 58.63% In Chamber of Deputies, 60.1% In Senate

Romania’s center-left governing coalition USL won 58.63% of the votes for seats in the Chamber of Deputes and 60.1% in the Senate, the Central Electoral Bureau said after the counting of vot...

Oana Gavrila · 11.12.2012 · 14:23 · 1 min
Arcon Sales Rise To EUR28M In January-October
Companies

Arcon Sales Rise To EUR28M In January-October

Romanian waterproofing and thermal insulation systems producer Arcon said Tuesday its sales amounted to about EUR28 million in the first ten months of 2012, up 17% on the year, and confirmed...

Ioana Tudor · 11.12.2012 · 12:51 · 1 min
Companies

FAN Courier Sees Turnover At RON240M In 2012

Romanian courier services provider FAN Courier registered turnover of 196.8 million lei (EUR43.4 million) in the first ten months of the year and estimates its 2012 sales will hit RON240 mil...

Ioana Tudor · 10.12.2012 · 21:34 · 1 min
Romania’s Ruling Coalition Wins Parliamentary Elections - Partial Results
Social/Politics

Romania’s Ruling Coalition Wins Parliamentary Elections - Partial Results

Romania’s center-left governing coalition USL won 58.61% of the votes for seats in the Chamber of Deputies and 60.07% of the votes for the Senate, according to the partial results released M...

Ecaterina Craciun · 10.12.2012 · 18:27 · 1 min
CFR Switches To Profit Of RON58M In January-October, Cuts Debts By 65%
Automotive

CFR Switches To Profit Of RON58M In January-October, Cuts Debts By 65%

Romania’s state-owned railway company CFR reduced its debts by 65% in the first ten months of 2012 to 1.9 billion lei (EUR0.41 billion) from RON5.5 billion, and switched to profit of RON58.4...

Ioana Tudor · 07.12.2012 · 12:00 · 1 min
Capital Market

Ductil Buzau 9-Month Net Profit Falls 23.9%, To RON5M

Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) Wednesday said its net profit fell 23.9% on the year to 5 million lei (EUR1.1 million) in January to September 2012, dri...

Ecaterina Craciun · 05.12.2012 · 18:00 · 1 min
BCR Asigurari de Viata’s 9-Month Underwritings Up 5% On Year, To RON275.4M
Banks-Insurance

BCR Asigurari de Viata’s 9-Month Underwritings Up 5% On Year, To RON275.4M

Romanian life insurer BCR Asigurari de Viata, part of Austria's Vienna Insurance Group (VIG), on Wednesday reported a 5% increase in underwritten premiums to 275.36 million lei (EUR60.5 mill...

Ecaterina Craciun · 05.12.2012 · 15:48 · 1 min
PayPoint Romania’s Fiscal 1H Revenue Up 2.5% To GBP12.2M
Technology &Telecoms

PayPoint Romania’s Fiscal 1H Revenue Up 2.5% To GBP12.2M

British specialist payments company PayPoint Plc on Thursday reported a 2.5% increase in revenue at its Romanian unit to GBP12.2 million (EUR15.04 million) in the first fiscal semester ended...

Ecaterina Craciun · 29.11.2012 · 15:04 · 1 min
Bank Of Cyprus Switches To Nine-Month EUR6.6M Loss In Romania
Banks-Insurance

Bank Of Cyprus Switches To Nine-Month EUR6.6M Loss In Romania

Bank of Cyprus Thursday said it has switched to a nine-month loss of EUR6.6 million in Romania, versus profit a year earlier, hurt by higher provisions and lower revenue from interests.

Florentina Dragu · 29.11.2012 · 12:19 · 1 min