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Vae Apcarom 1H Net Profit Halves To RON1.4M
Automotive

Vae Apcarom 1H Net Profit Halves To RON1.4M

Romanian rolling stock maker voestalpine VAE APCAROM (APC.RO), owned by Austria's voestalpine, Thursday said its net profit halved on the year to 1.4 million lei (EUR0.3 million) in the firs...

Florentina Dragu · 09.08.2012 · 10:49 · 1 min
Banks-Insurance

Generali Romania 1H Underwritten Premiums Down 2.3% To RON259.5M

Insurer Generali Romania underwrote gross premiums of 259.5 million lei (EUR57.2 million) in the first half of 2012, down 2.3% on the year, on the backdrop of a 2.9% decline in sales of gene...

Ecaterina Craciun · 08.08.2012 · 14:16 · 1 min
Banks-Insurance

Romanian Allianz-Tiriac Asigurari 1H Pre-Tax Profit Up 34% To RON7.4M

Romanian insurer Allianz-Tiriac Asigurari said Wednesday its profit before tax (BPT) stood at 7.4 million lei (EUR1.6 million) in the first half of 2012, up 34% compared with the similar int...

Ioana Tudor · 08.08.2012 · 13:18 · 1 min
OMV Petrom 2Q Net Profit Falls To RON643M
Energy

OMV Petrom 2Q Net Profit Falls To RON643M

Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit after minorities fell 29% on the year to 643 million lei (EUR141.6 million) in the second quarter, mostly due t...

Florentina Dragu · 08.08.2012 · 09:02 · 2 min
Retail&Consumer

Electroputere's 1H Loss Widens To RON29.8M

Romanian electric engine maker Electroputere Craiova (EPT.RO) registered losses of 29.87 million lei (EUR6.8 million) in the first half of the year, up 8.6% compared with the same interval a...

Ioana Tudor · 07.08.2012 · 20:40 · 1 min
Real Estate

NEPI’s Profit Attributable To Shareholders Doubled In 1H To EUR14.37M

South-African real estate investment fund New Europe Property Investments (NEP.RO) said Tuesday its profit attributable to shareholders stood at EUR14.37 million in the first half of 2012, d...

Ioana Tudor · 07.08.2012 · 20:40 · 1 min
Romanian Banks Report RON192M Combined Loss In 1H As Provisions Rise
Banks-Insurance

Romanian Banks Report RON192M Combined Loss In 1H As Provisions Rise

Romanian banks reported a combined net loss of 192 million lei (EUR43 million) in the first six months, hurt by rising provisions in the second quarter, central bank data showed Tuesday.

Florentina Dragu · 07.08.2012 · 18:10 · 1 min
Capital Market

Socot Targu Mures 1H Revenue Down 23% To RON46M

Romanian hydro-technical construction company Socot Targu-Mures (SCTO.RO) reported its first semester revenue decreased 23% on the year, to 46.7 million lei (EUR10.6 million), while pre-tax...

Radu Bostan · 06.08.2012 · 17:38 · 1 min
Real Estate

Immofinanz Revenue In Romania Up To EUR47.1M In FY 2011-2012

Real estate investment firm Immofinanz reported revenue of EUR47.1 million from rents in Romania in the financial year ended July 31, which made up 8% of the company's total revenue.

Radu Bostan · 06.08.2012 · 16:03 · 1 min