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Raiffeisen Bank International 1Q Profit In Romania Doubles To EUR31M
Austria’s Raiffeisen Bank International AG Thursday said its after tax profit in Romania almost doubled to EUR31 million in the first quarter, fueled by higher revenue from interest and fall...
Nycomed Pharma Sees Its Romanian Sales Climb 10.5% In 2012 Fiscal Year
Swiss pharmaceutical company Nycomed Pharma estimates its turnover in Romania will climb 10.5% in fiscal year 2012 to about EUR14 million, a company official said Wednesday.
Sanador Sales Rose 60% To EUR16.2M In 2011
Romanian private medical services provider Sanador registered EUR16.2 million in turnover last year, up 60% compared with 2010.
VIG 1Q Loss In Romania Narrows To EUR2.7M, Underwritten Premiums Down 7% To EUR134.5M
Austrian insurer Vienna Insurance Group (VIG) reported in Romania first-quarter gross underwritten premiums of EUR134.5 million, down 7% on the year, and first-quarter loss of EUR2.7 million...
Stirom 1Q Profit Down 68.3% To RON1.65M
Romanian glass container producer Stirom Bucharest (STIB.RO) reported profit of 1.65 million lei (EUR380,000) in the first quarter of 2012, down 68.3% on the year, and sales of RON38.45 mill...
Rio Bucovina Sees 2012 Sales Up 14% To RON122M
Romanian mineral water bottler Rio Bucovina expects sales of 122 million lei (EUR27.4 million) in 2012, up 14% on the year.
CEC Bank Net Profit Rises 27% To RON67.4M In 2011
Romanian state-owned lender CEC Bank Tuesday reported a 26.6% increase in its net profit to 67.4 million lei (roughly EUR15.2 million) in 2011, on higher revenue from lending.
Vodafone Romania Reports Lower Revenue, Slightly Higher Profit In 2011-2012 Fiscal Year
Vodafone Romania reported revenues of EUR812.1 million in the 2011-2012 fiscal year ended on March 31, down 2.7% on the year, while its earnings before interest, tax, depreciation and amorti...
Brokered Insurance Premiums In Romania Up 7.1% In 1Q, To RON819M
Insurance brokers in Romania brokered premiums of 818.82 million lei (EUR184.3 million) in the first quarter of the year, up 7.1% from January-March 2011, according to insurance regulator CS...