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Capital Market

SIF Muntenia 9-Month Revenues Two-Fold Higher On Year, To RON167.88M

Romania’s regional investment fund SIF Muntenia (SIF4.RO) reported 2.2-fold higher revenues in the first nine months, to 167.88 million lei (RON37.8 million), mainly due to the sale of the l...

Manuela Panescu · 08.11.2012 · 18:25 · 1 min
Astra Asigurari 9-Month Underwritten Premiums Down 9.4%, To RON788.7M
Banks-Insurance

Astra Asigurari 9-Month Underwritten Premiums Down 9.4%, To RON788.7M

Romanian insurer Astra Asigurari (ATRA.RO) Thursday said its underwritten premiums totaled 788.67 million lei (EUR175.33 million) in the first nine months, down 9.4% from the same period a y...

Manuela Panescu · 08.11.2012 · 18:06 · 1 min
Energy

Upet 9-Month Sales Rise 67.2% To RON59M

Romanian oilfield equipment maker Upet Targoviste (UPET.RO) Thursday said its its sales increased 67.2% in the first nine months of 2012 to 58.97 million lei (EUR13.3 million), from RON35.27...

Ioana Tudor · 08.11.2012 · 17:52 · 1 min
Albalact 9-Month Net Profit Falls 23% On Year
Retail&Consumer

Albalact 9-Month Net Profit Falls 23% On Year

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) Thursday said its net profit fell 23% to 2.7 million lei (EUR0.6 million) in the first nine months, from RON3.5 million a year earlier.

Florentina Dragu · 08.11.2012 · 16:57 · 1 min
Sibex Expects Loss Of RON1.6M In 2012, Triple On the Year
Capital Market

Sibex Expects Loss Of RON1.6M In 2012, Triple On the Year

Romania’s monetary and commodities exchange Sibex estimates a net loss of 1.6 million lei (EUR0.35 million) for 2012, from RON596,000 in 2011, reversing initial estimations.

Ioana Tudor · 08.11.2012 · 15:48 · 1 min
Vae Apcarom 9-Month Net Profit Flat At RON5.2M
Automotive

Vae Apcarom 9-Month Net Profit Flat At RON5.2M

Romanian rolling stock maker voestalpine Vae Apcarom (APC.RO), owned by Austria's voestalpine, Thursday reported a net profit of 5.25 million lei (EUR1.2 million) in the first nine months, r...

Florentina Dragu · 08.11.2012 · 10:24 · 1 min
Conpet 9-Month Net Profit Up 7.6% To RON30.9M
Energy

Conpet 9-Month Net Profit Up 7.6% To RON30.9M

Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) Wednesday said its net profit increased 7.6% in the first nine months of the year to 30.96 million lei (EUR6.9 million), from RON...

Ioana Tudor · 07.11.2012 · 18:15 · 1 min
ING Asigurari de Viata 9-Month Premiums Down 1.2% To RON402.8M
Banks-Insurance

ING Asigurari de Viata 9-Month Premiums Down 1.2% To RON402.8M

Romanian life insurer ING Asigurari de Viata reported underwritten premiums of 402.8 million lei (EUR89.5 million) in the first nine months, down 1.2% from the same period of 2011, the compa...

Manuela Panescu · 07.11.2012 · 16:32 · 1 min
BRD Net Profit Drops To RON10.4M In First 9 Months As Provisions Rise
Banks-Insurance

BRD Net Profit Drops To RON10.4M In First 9 Months As Provisions Rise

Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Tuesday said its net profit fell 97.7% on the year to 10.38 million lei (EUR2.3 million) in the first n...

Florentina Dragu · 06.11.2012 · 17:46 · 1 min