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Energy

Uztel Swings To 9-Month Profit Vs RON2M Loss A Year Ago

Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Friday said it has swung to net profit of 1 million lei (EUR0.22 million), versus losses a year earlier, on higher revenues.

Florentina Dragu · 09.11.2012 · 14:22 · 1 min
Retrasib Switches To Loss Of RON1M In First 9 Months
Capital Market

Retrasib Switches To Loss Of RON1M In First 9 Months

Romanian power transformers manufacturer Retrasib Sibiu (RTRA.RO) Friday said it switched to a loss of 1 million lei (EUR239,000) in the first nine months of 2012, versus profit in the first...

Ecaterina Craciun · 09.11.2012 · 13:20 · 1 min
Cosmote Romania 9-Month Revenue Up 2.1% To EUR349M
Technology &Telecoms

Cosmote Romania 9-Month Revenue Up 2.1% To EUR349M

Revenue of mobile operator Cosmote in Romania increased 2.1% in the first nine months of the year to EUR349.1 million, and its earnings before interest, tax, depreciation and amortization (E...

Ioana Tudor · 09.11.2012 · 12:02 · 1 min
Rompetrol Well Services 9-Month Profit Rises 43% On Year
Energy

Rompetrol Well Services 9-Month Profit Rises 43% On Year

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Friday said its net profit rose 43% on the year to 15.4 million lei (EUR3.4 million) in the first ni...

Florentina Dragu · 09.11.2012 · 11:43 · 1 min
Oil Terminal 9-Month Sales Down 8% To RON81M
Energy

Oil Terminal 9-Month Sales Down 8% To RON81M

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said its sales fell 8% on the year to 81.1 million lei (EUR18.3 million) in the first nine months, due to lower demand for...

Florentina Dragu · 09.11.2012 · 11:38 · 1 min
Romtelecom’s 9-Month EBITDA Up 42% To EUR125.5M
Technology &Telecoms

Romtelecom’s 9-Month EBITDA Up 42% To EUR125.5M

Romanian telecom operator Romtelecom’s earnings before interest, tax, depreciation and amortization (EBITDA) increased 42% in the first nine months of the year to EUR125.5 million, while rev...

Ioana Tudor · 09.11.2012 · 11:31 · 1 min
Bucharest Bourse 9-Month Net Profit Falls 40% To RON9.4M
Capital Market

Bucharest Bourse 9-Month Net Profit Falls 40% To RON9.4M

The Bucharest Stock Exchange (BVB.RO) Friday said its net profit fell 40% to 9.4 million lei (EUR2.1 million) in the first nine month, on lower trading revenue.

Florentina Dragu · 09.11.2012 · 10:56 · 1 min
Romgaz Prepares To Join The Billion Euro Club
Energy

Romgaz Prepares To Join The Billion Euro Club

Romania’s largest natural gas producer Romgaz might see revenue reach EUR1 billion this year if it keeps the same growth pace as in the first half. The company is also getting ready to expan...

Neagu Bogdan Mircea · 09.11.2012 · 00:00 · 2 min
Petrom’s Market Value Falls By EUR185M After 3Q Profit Decline
Capital Market

Petrom’s Market Value Falls By EUR185M After 3Q Profit Decline

The 27% decline of OMV Petrom’s (SNP.RO) third-quarter net profit led to a 3.6% decrease in the past two days of its stock on the Bucharest exchange, erasing EUR185 million from the market v...

Neagu Bogdan Mircea · 08.11.2012 · 23:45 · 3 min