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Energy

Armax Gaz 1Q Sales Down 46% To RON17.9M

Romanian oil and gas equipment maker Armax Gaz Medias (ARAX.RO) reported sales of 17.9 million lei (EUR4.03 million) in the first quarter, down 46% from the RON33.4 million posted in the sam...

Radu Bostan · 15.05.2012 · 18:18 · 1 min
Retail&Consumer

Avicola Brasov 1Q Sales Up 25% To RON27.8M

Romanian poultry processor Avicola Brasov (AVLE.RO) reported sales of 27.8 million lei (EUR6.26 million) in the first quarter of 2012, up 25% on the year, and losses of RON167,000, from RON2...

Radu Bostan · 15.05.2012 · 18:09 · 1 min
Retail&Consumer

Avicola Buzau Turns To Loss In 1Q

Romanian poultry meat processor Avicola Buzau (AVZU.RO) on Tuesday said it has switched to losses in the first three months versus profit in the year-ago period, hit by a 37% decline in sale...

Florentina Dragu · 15.05.2012 · 18:09 · 1 min
Alro's Net Profit Falls 60% To RON49M In 1Q
Energy

Alro's Net Profit Falls 60% To RON49M In 1Q

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Tuesday said its net profit fell 58.9% on the year to 49.36 million lei (EUR11.3 million) in the first quart...

Florentina Dragu · 15.05.2012 · 17:48 · 1 min
Banks-Insurance

Astra Asigurari Switches To Loss In First Quarter

Romanian insurer Astra Tuesday said revenue from underwritten premiums fell 11.7% on the year in the first quarter, to 295.65 million lei (EUR66.57 million), while its bottom line turned neg...

Radu Bostan · 15.05.2012 · 17:34 · 1 min
OTP Bank Romania Switches To EUR4.1M Loss In 1Q
Banks-Insurance

OTP Bank Romania Switches To EUR4.1M Loss In 1Q

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has switched to a loss of 1.2 billion Hungarian forints (EUR4.1 million) in the first three months, versus profit a year ea...

Florentina Dragu · 15.05.2012 · 17:24 · 1 min
Companies

Prodplast Swings To 1Q Profit Vs Year-Ago Loss

Romanian plastics producer Prodplast (PPL.RO) Tuesday said it has swung to a net profit of 1.1 million lei (EUR0.25 million) in the first quarter versus losses a year earlier, helped by a 37...

Florentina Dragu · 15.05.2012 · 14:34 · 1 min
Capital Market

SIF Moldova 1Q Net Profit More Than Doubles To RON26M

Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday said its net profit more than doubled to 25.9 million lei (EUR5.8 million) in the first quarter, from RON10.4 million in the y...

Florentina Dragu · 15.05.2012 · 14:33 · 1 min
Companies

Transilvania Constructii Switches To Loss In 1Q On Costs Increase

Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Tuesday reported a loss of about 870,000 lei (EUR196,000) in the first quarter of the year, versus a net profit o...

Ioana Tudor · 15.05.2012 · 14:33 · 1 min