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Gabriel Resources Wants To Cut Costs Until Government Moves Ahead With Mining Project Permitting
Canada-based Gabriel Resources, owner of Rosia Montana Gold Corporation, the company developing a mining project in Romania, wants to substantially reduce costs until the new Government move...
LeasePlan Romania 2011 Turnover Up 21% On Year, To EUR31M
Car leasing company LeasePlan Romania reported a turnover of EUR30.98 million in 2011, up 21% on the year, due to increasing interest for auto fleet management services, the company said Fri...
Romanian Shipyard Orsova Switched To RON1.6M Loss in 1Q
Romanian shipyard Santierul Naval Orsova (SNO.RO) on Friday reported losses of 1.6 million lei (EUR362,318) in the first quarter of 2012, versus a profit of RON187,444 in the same interval a...
Militari Shopping Center's Rental Income Rises In 1Q
Property firm Atrium European Real Estate on Friday reported that net rental income from the Militari Shopping Center in Bucharest climbed 3.8% in the first quarter, to EUR1.7 million, from...
SIF Banat-Crisana 1Q Net Profit Rises To RON20M
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday reported a net profit of 19.5 million lei (EUR4.4 million) in the first quarter, well above RON0.3 million in the year-ea...
Uztel 1Q Loss Narrows To RON1.1M
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Friday said its loss more than halved to 1.1 million lei (EUR0.25 million) in the first quarter, helped by higher sales.
UPC Romania 1Q Revenue Down 6.4% To $33.4M
Revenue of cable operator UPC Romania fell 6.4% to $33.4 million in the first quarter of 2012 compared with $35.7 million in the same period a year ago, parent company Liberty Global said in...
Oil Terminal Switches To RON1.1M Loss In 1Q
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said it has switched to a loss of 1.1 million lei (EUR0.25 million) in the first quarter, versus profit a year earlier, hi...
Rompetrol Well Services 1Q Net Profit Slides 6% On Year
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Friday said its net profit fell 6% on the year to 3.2 million lei (EUR0.72 million) in the first qua...