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RBS: We Are Among The Most Profitable, But Giving Up Retail Will Make Us Stronger
RBS Romania, a subsidiary of the British banking group RBS, ended 2011 with a net profit of over 100 million lei (around EUR22.4 million), down 30% on the year, but remained one of the most...
Strabag Romania Works Value Hits EUR41M In 1Q
The value of works performed by Austrian constructor Strabag in Romania increased to EUR41.2 million in the first quarter of 2012, from EUR15 million in the same interval a year ago, and its...
Electrica's Distribution Units 2011 Net Profit Rises To RON116M
The distribution branches of Romanian state-owned energy company Electrica posted a cumulated net profit of 116 million lei (EUR27.4 million) in 2011, more than double from RON47.1 million i...
Greek Piraeus Bank Assets In Romania Fall To EUR3.34B In 1Q
Greece’s fourth-largest lender Piraeus Wednesday said its assets in Romania slid 4.6% to EUR3.34 billion in the first three months, from EUR3.5 billion in the previous quarter.
NBG First-Quarter Loss In Romania Widens To EUR11M
The National Bank of Greece (NBG) Wednesday said its losses in Romania widened to EUR11 million in the first quarter, from RON1 million in the year-earlier period, hurt by falling revenue fr...
Hidrolectrica 2011 Net Profit Revised Down To RON6.4M
Romanian state-run hydropower generator Hidroelectrica Wednesday revised down its 2011 net profit to 6.4 million lei (EUR1.4 million), from RON15.7 million previously, as a prolonged draught...
Rovinari 2011 Net Profit Rises Over Fivefold To RON33.3M
Romanian state-run thermal power producer Rovinari Wednesday said its net profit rose more than fivefold on year to 33.3 million lei (EUR7.5 million) in 2011, boosted by a 28% increase in el...
Electrica Distributie Muntenia Nord Posts 15% Higher Turnover In 2011, To RON685.7M
Romanian electricity distributor Electrica Distributie Muntenia Nord said its turnover rose 15% on year to 685.7 million lei (EUR162.1 million) in 2011, compared to RON596 million in 2010, a...
E.ON Energie Romania Posts EUR1B Sales For 2011
E.ON Energie Romania, a unit of German utility E.ON, reported gas and electricity sales of 4.26 billion lei (EUR1 billion) in 2011, the company said in its financial report Wednesday.