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Bank Of Cyprus 1Q Profit In Romania Falls 86% On Year
Bank of Cyprus Thursday reported a 85.7% drop in its after-tax profit in Romania to EUR300,000 in the first quarter, hurt by lower revenue from interests and fewer loans, according to the ba...
Retrasib Turnover Down Slightly In 1Q 2012
Romanian transformer maker Retrasib Sibiu (RTRA.RO) reported turnover down 5% in the first quarter of 2012, to 7.5 million lei (EUR1.7 million), with profit up 17% to RON209,000 (EUR48,000).
UCM Resita Loss Widens To RON12M In 1Q 2012
The revenues of Romanian engine manufacturer UCM Resita (UCM.RO) declined by 16% in the first quarter, from 37.7 million lei (EUR8.53 million) to RON31.5 million, while losses increased by o...
Conpet 1Q Net Profit Up 3% To RON11.4M
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) Thursday said its first-quarter net profit rose 3% to 11.4 million lei (EUR2.6 million), as costs declined faster than revenues.
UniCredit Tiriac Bank 1Q Net Profit Falls To RON24M
Romania’s UniCredit Tiriac Bank on Thursday reported a first-quarter net profit of 24.1 million lei (EUR5.6 million), down 26.6% on the year.
Bucharest Bourse 1Q Net Profit Up 26% To RON2.8M
The Bucharest Stock Exchange (BVB.RO) Thursday said its net profit rose 26% on the year to 2.77 million lei (EUR2.9 million) in the first quarter, largely fueled by a successful secondary of...
Intercontinental Hotel Swings To Loss In 1Q 2012
Romanian hotel operator Compania Hoteliera Intercontinental Bucuresti (RCHI.RO), which manages the Intercontinental hotel in Bucharest, swung back to losses of 2.19 million lei (EUR495,000)...
CEZ Romania 1Q Production, Trading EBITDA More Than Doubles On Year
CEZ Romania, a unit of Czech power group CEZ AS, reported first-quarter operating profit before taxes of CZK1.4 billion (EUR55.5 million) from production and trading operations, more than do...
Gedeon Richter 1Q Sales In Romania Up 3.6% to EUR34.3M
Hungarian drug maker Gedeon Richter said Thursday its Romanian sales climbed 3.6% in the first quarter of 2012 to EUR34.3 million, from EUR33.1 million in the same interval a year ago, suppo...