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Automotive

Iproeb Bistrita 9-Month Turnover Down 26.3% On Year, To RON63.9M

Romanian cable maker Iproeb Bistrita (IPRU.RO) on Wednesday said its turnover fell 26.3% to 63.96 million lei (EUR14.4 million) and its net profit declined more than six-fold to nearly RON80...

Ecaterina Craciun · 14.11.2012 · 17:50 · 1 min
Carpatica Asig 9-Month Underwritten Premiums Up 40.4% To RON207M
Banks-Insurance

Carpatica Asig 9-Month Underwritten Premiums Up 40.4% To RON207M

Romanian insurer Carpatica Asig said Wednesday its revenues from underwritten premiums increased 40.4% in the first nine months of the year to 206.9 million lei (EUR45.5 million).

Ioana Tudor · 14.11.2012 · 15:20 · 1 min
GTC Sees Losses From Sale Of Three Romanian Shopping Centers At EUR19M
Real Estate

GTC Sees Losses From Sale Of Three Romanian Shopping Centers At EUR19M

Israeli real estate developer Globe Trade Center (GTC) estimates losses from the sale of three of the shopping centers it owns in Romania at EUR19 million.

Ioana Tudor · 14.11.2012 · 14:25 · 1 min
Companies

Alumil 9-Month Sales Fall To RON49M

Romanian aluminum processor Alumil Rom Industry (ALU.RO) Wednesday said its sales slid 3% to 49 million lei (EUR11 million) in January through September, from RON50.5 million a year earlier.

Florentina Dragu · 14.11.2012 · 13:26 · 1 min
NEPI’s 9-Month Profit Doubles To Almost EUR20M
Real Estate

NEPI’s 9-Month Profit Doubles To Almost EUR20M

South African realty investments fund New Europe Property Investments (NEPI) Wednesday said its profit attributable to equity holders totaled EUR19.9 million in the first nine months, over t...

Manuela Panescu · 14.11.2012 · 12:53 · 1 min
Companies

Concefa Loss Widens To RON18.3M In January-September

Romanian insolvent constructions company Concefa Sibiu (COFI.RO) Wednesday said its loss widened 59% to 18.3 million lei (EUR4.1 million) in the first nine months, hit by lower sales.

Florentina Dragu · 14.11.2012 · 12:50 · 1 min
Companies

Stirom 9-Month Net Profit Falls 43% To RON9.6M

Romanian glass container producer Stirom Bucharest (STIB.RO) reported a net profit of 9.6 million lei (EUR2.1 million) in the first nine months, down 43% on the year, the company said in a s...

Manuela Panescu · 14.11.2012 · 11:54 · 1 min
Companies

Socep 9-Month Net Profit Down 62% On Year To RON2.74M

Romanian harbor operator Socep Constanta (SOCP) on Wednesday reported a 62% decrease in its nine-month net profit to 2.74 million lei (EUR0.61 million), from RON7.21 million in the year-ago...

Manuela Panescu · 14.11.2012 · 11:54 · 1 min
Capital Market

Electroarges 9-Month Turnover Up 11.5% On Year, To RON105.48M

Romanian home appliance manufacturer Electroarges (ELGS.RO) on Wednesday said its turnover rose 11.5% to 105.48 million lei (EUR23.79 million) and its net profit advanced 69.6% to RON9.09 mi...

Ecaterina Craciun · 14.11.2012 · 11:49 · 1 min