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Cosmote Romania 1Q Revenue Up 9.4% To EUR117.4M
Revenue of mobile operator Cosmote in Romania climbed 9.4% in the first quarter of 2012 compared with the same interval a year ago to EUR117.4 million, and its EBITDA increased 44.7% to EUR2...
Romtelecom 1Q Revenues Down 3.7% To EUR160.2M
Romanian telecom operator Romtelecom posted a 3.7% drop in revenues in the first quarter of the year to EUR160.2 million, and its earnings before interest, tax, depreciation and amortization...
Chimcomplex 1Q Sales Up 7% To RON49.2M
Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) on Wednesday reported sales of 49.2 million lei (EUR11.2 million) in the first quarter of 2012, up 7% compared with the same interval a...
ING Asigurari De Viata 1Q Premiums Flat At RON133.3M
Romanian insurer ING Asigurari de Viata reported underwritten premiums of 133.3 million lei (EUR30.185 million) in the first three months of the year, close to the RON133.5 million posted in...
Voestalpine Vae Apcarom 1Q Revenues Fell 40% To RON13M
Romanian rolling stock maker voestalpine Vae Apcarom Buzau (APC.RO), owned by Austria's voestalpine, reported Wednesday a 40% decrease in revenues in the first quarter of 2012, to 13 million...
OMV Petrom 1Q Net Profit Soars To RON1.38B
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit after minorities rose 65% on the year to a record 1.385 billion lei (EUR381 million) in the first quarter, help...
Vegetable Oil Producer Argus Sees Profit Down To Half
Argus Constanta, a top ten vegetable oil producer in Romania, ended last year with 7.9 million lei (EUR1.8 million) net profit, half the 2010 level. The profit decline came after a 30% incre...
Omnilogic 2011 Turnover Down 43% To $91M
The turnover of Romanian IT service provider Omnilogic shrunk 43% last year, to $91 million, in line with the results of the local IT market, said general manager Gabriel Marin.
Millennium Bank Romania 1Q Loss Halves To EUR3.4M
Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, reported a loss of EUR3.4 million in the first quarter, 47.5% narrower on the year, helped by declining prov...