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Samsung 2011 Profit In Romania Four Times Higher On Year At RON31.9M
Technology &Telecoms

Samsung 2011 Profit In Romania Four Times Higher On Year At RON31.9M

Samsung Electronics Romania registered a net profit of 31.9 million lei (EUR7.1 million) in 2011, four times higher on the year, and will pay out dividends amounting to RON10.48 million.

Ioana Tudor · 30.05.2012 · 17:00 · 1 min
Power Plant Turceni Swings To RON56M Net Profit In 2011
Energy

Power Plant Turceni Swings To RON56M Net Profit In 2011

Romanian thermal power producer CE Turceni Wednesday said it has swung to a net profit of 55.5 million lei (EUR13.1 million) in 2011, versus losses a year earlier, helped by a 47% increase i...

Mediafax Foto // Victor Ciupuliga · 30.05.2012 · 16:18 · 1 min
Power Company Craiova 2011 Sales Up 12% To RON1.2B
Energy

Power Company Craiova 2011 Sales Up 12% To RON1.2B

Romanian thermal power producer Craiova Wednesday said its sales rose 12% on the year to 1.22 billion lei (EUR287.8 million) in 2011, as a prolonged draught has boosted demand for electricit...

Florentina Dragu · 30.05.2012 · 15:42 · 1 min
Nuclearelectrica Profit Rises Sixfold In 2011
Energy

Nuclearelectrica Profit Rises Sixfold In 2011

Romanian state-owned energy producer Nuclearelectrica Wednesday said its net profit rose almost sixfold on year to 95 million lei (EUR21.3 million) in 2011, largely fueled by a 5% increase i...

Mediafax Foto // Silviu Matei · 30.05.2012 · 15:25 · 1 min
Bucharest Airport Company Revenue Up 17% In 2011, To RON530M
Automotive

Bucharest Airport Company Revenue Up 17% In 2011, To RON530M

The Bucharest Airport National Company (CNAB) announced Wednesday its revenue increased 17.4% last year, from 450.8 million lei (EUR101 million) in 2010 to RON529.6 million, while profit gre...

Radu Bostan · 30.05.2012 · 14:59 · 1 min
GDF Suez Energy Romania 2011 Sales Rise 9% To RON3.86B
Energy

GDF Suez Energy Romania 2011 Sales Rise 9% To RON3.86B

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, Wednesday said its sales rose 9% to 3.86 billion lei (EUR910.8 million) in 2011, from RON3.54 billion a year earlier.

Shutterstock · 30.05.2012 · 14:56 · 1 min
Banks-Insurance

Marfin Bank Romania Posts Net Profit Of EUR1.1M In 1Q

Cypriot lender Marfin Bank posted net profit of EUR1.1 million in Romania in the first quarter, up from EUR60,000 in the first three months of last year.

Radu Bostan · 29.05.2012 · 20:43 · 1 min
Volksbank Romania Posts Narrower-Than-Expected Loss In 1Q
Banks-Insurance

Volksbank Romania Posts Narrower-Than-Expected Loss In 1Q

Volksbank Romania, the local unit of Austria’s Volksbank AG, posted a loss of EUR7 million in the first quarter, narrower than expected, the mother bank said in its financial report Tuesday.

Florentina Dragu · 29.05.2012 · 19:46 · 1 min
Record-High Profit At Romgaz: Romania's Largest Natural Gas Producer Reaches Net Result Of RON1B
Energy

Record-High Profit At Romgaz: Romania's Largest Natural Gas Producer Reaches Net Result Of RON1B

Romgaz Medias, Romania’s largest gas producer and the most profitable state-run company, last year reached a net profit of over 1 billion lei (around EUR0.22 billion), 35% more than the prel...

Radu Bostan · 29.05.2012 · 00:00 · 1 min