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Banks-Insurance

Mandatory Private Pension Funds Post RON336M Profit In 1H

Romania's mandatory private pension funds (Pillar II) reported net profit of 335.81 million lei (EUR75 million) in the first half of 2012, up almost 2.5 times on the RON138.94 million posted...

Radu Bostan · 24.08.2012 · 17:54 · 1 min
Capital Market

Unirea Shopping Center 1H Profit Falls 32% To RON1.8M

Romania’s Unirea Shopping Center (SCDM.RO) ended the fist half of 2012 with sales of 41.4 million lei (EUR9.2 million), up 10% on the year, while its profit dropped 32%, to RON1.8 million.

Ioana Tudor · 23.08.2012 · 18:14 · 1 min
CFR Posts RON120M Profit In First Half
Automotive

CFR Posts RON120M Profit In First Half

Romanian state-owned railway administrator CFR SA reported profit of RON120.7 million (EUR26.9 million) in the first half of 2012, compared with losses of RON229 million in the first six mon...

Radu Bostan · 23.08.2012 · 17:14 · 1 min
VIG Underwritten Gross Premiums In Romania Fell 14% In 1H To EUR235M
Banks-Insurance

VIG Underwritten Gross Premiums In Romania Fell 14% In 1H To EUR235M

Vienna Insurance Group (VIG) said Thursday it underwrote gross premiums of EUR235.7 million in Romania in the first half of the year, down 14% from EUR275.8 million in the same interval a ye...

Ioana Tudor · 23.08.2012 · 14:03 · 1 min
First Half-Year Growth On Beer Market In Three Years
Retail&Consumer

First Half-Year Growth On Beer Market In Three Years

Beer sales rose by almost 4% to nearly 8.2 million hectoliters in the first half of this year, according to a ZF analysis based on National Statistics Institute data. This is the first half-...

Radu Bostan · 23.08.2012 · 00:00 · 1 min
BCR BpL Savings Deposits Doubled To Over RON1B In 1H
Banks-Insurance

BCR BpL Savings Deposits Doubled To Over RON1B In 1H

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) had more than 270,000 clients at the end of June, cumulating savings deposits of over 1 billion lei (EUR227.8 million), double co...

Ioana Tudor · 22.08.2012 · 13:56 · 1 min
Top Ten Insurers Make 90% Of Total Revenues
Banks-Insurance

Top Ten Insurers Make 90% Of Total Revenues

Insurance sales stabilized in the first half of this year, but some major insurers continue to feel the effects of the crisis and to lose ground to smaller companies or to those who promoted...

Radu Bostan · 22.08.2012 · 00:00 · 2 min
Coty Romania Expects Over 6% Growth For 2012
Retail&Consumer

Coty Romania Expects Over 6% Growth For 2012

Coty Romania, one of the largest importers of fragrances and cosmetics, ended the first half of this year with a two-digit growth, but expects a slower growth rate in the second half of the...

Tudor Ioana Raluca · 22.08.2012 · 00:00 · 1 min
Cocor Bucuresti Losses Up 4.6 Times In 1H, To RON8M
Retail&Consumer

Cocor Bucuresti Losses Up 4.6 Times In 1H, To RON8M

Shopping center Cocor Bucuresti (COCR.RO) reported losses of 7.9 million lei (EUR1.75 million) in the first half of 2012, up 4.6 times on the similar period of last year, when its losses sto...

Radu Bostan · 20.08.2012 · 18:11 · 1 min