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Erste Swings To 9-Month Profit On Lower Risk Costs
Austria's Erste Group Bank AG (EBS.RO) Tuesday said it has swung to a net profit of EUR597.3 million in the first nine months, versus losses a year earlier, on fewer risk costs and stable op...
BCR Switches To RON763M 9-Month Loss As Provisions Skyrocket
Romanian leading bank group Banca Comerciala Romana (BCR) Tuesday said it has switched to a loss of 762.5 million lei (EUR172.1 million) in the first nine months from profit a year earlier,...
Socot Targu Mures 9-Month Turnover Down 45%, To RON56M
Romanian hydro-technical construction company Socot Targu-Mures (SCTO.RO) Monday said it posted a 45% lower turnover in January to September, to 56 million lei (EUR12.6 million), compared wi...
Banca Transilvania 9-Month Net Profit Rises 30% To RON265.4M
Romanian lender Banca Transilvania (TLV.RO) Monday said its net profit rose 30% to 265.4 million lei (EUR59.8 million) in the first nine months, on higher revenue from net fees and interests...
Millennium Might Reduce Exposure To Romania Or Find Partner To Support Growth
Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, continued efforts to gain profitability and reduced its loss to EUR6.5 million in the first half of the year...
SIF Transilvania 9-Month Revenue Rises To RON285M
Romanian regional investment fund SIF Transilvania (SIF3.RO) Friday said its revenues increased by around 50% to 285 million lei (EUR64.3 million) in the first nine months, from roughly RON1...
German Praktiker 9-Month Sales In Romania Down 8% To EUR107M
German do-it-yourself retail chain Praktiker Thursday said its sales in Romania fell 7.9% to EUR106.9 million in the first nine months, from EUR116.1 million in the year-earlier period.
Orange Romania 9-Month Revenues Slightly Down, Smartphone Sales See Strong Increase
Mobile telephony operator Orange Romania on Thursday reported a 2.6% decline in revenues to EUR680 million on the year in the first nine months of 2012, and a 45% rise in smartphone sales on...
Strabag Expects Turnover Of EUR350M In 2012
Austrian group Strabag, which is building Deva-Orastie and Orastie-Sibiu highways in Romania, as well as office building Sky Tower in Bucharest, estimates a turnover of around EUR350 million...