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Allianz-Tiriac’s Underwritten Premiums Down 10% In 1Q, To RON230M
Romanian insurer Allianz-Tiriac’s underwritten life and non-life insurance premiums fell 10% on the year in the first quarter to 230 million lei (EUR51.7 million) and its pre-tax profit rose...
Porsche Finance Group Issued Funding Worth EUR33M In 1Q 2012
Porsche Finance Group on Thursday announced it had granted funding worth a total EUR33 million in the first three months of the year, up 27% on the same interval of 2011.
Cocor Switches To RON2.8M Loss in 1Q
Shopping center operator Cocor Bucuresti (COCR.RO) on Wednesday reported losses of 2.8 million lei (EUR630,000) in the first quarter, versus a profit of RON1.5 million in the same interval a...
Titan Sales Down 22.7% In Oct-March, To RON139.8M
Romanian milling and bakery company Titan (MPN.RO) reported sales of 139.8 million lei (EUR32.1 million) , down 22.7%, for the period October 1, 2011 – March 31, 2012, the first six months o...
Ropharma Net Profit Falls To RON1.5M
Romanian generic drugs wholesaler Ropharma Brașov (RPH.RO) Tuesday said its net profit fell to 1.5 million lei (EUR0.34 million) in the first quarter, from RON6 million in the year-earlier p...
Petrolexportimport 1Q Revenue Down 35% To RON73.7M
Romanian fuels wholesaler Petrolexportimport (PEI.RO) reported 35% lower revenue in the first quarter, 73.7 million lei (EUR16.59 million) from RON113.6 million, but the company made a profi...
Boromir Prod 1Q Sales Down 18.3% To RON28.1M
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) reported sales of 28.1 million lei (EUR6.4 million) in the first quarter, down 18.3% on the year.
Intesa Sanpaolo Loss In Romania Widens To EUR14M In 1Q
Italy’s Intesa Sanpaolo Tuesday said its net loss in Romania widened sharply to EUR14 million in the first quarter, from EUR2.5 million a year earlier, largely due to a EUR9 million loan res...
Zentiva Romania 1Q Net Profit Falls 57% On Higher Costs
Pharmaceuticals company Zentiva Romania (SCD.RO) Tuesday said its net profit dropped 57% to 8.3 million lei (EUR1.9 million) in the first quarter, as costs rose faster than revenue.