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Capital Market

Electrocarbon 1Q Net Profit Falls 30% On Higher Costs

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) Monday said its net profit fell around 30% on the year to 1.9 million lei (roughly EUR657,000) in the first quarter, due...

Florentina Dragu · 07.05.2012 · 19:32 · 1 min
Capital Market

SIF Muntenia Swings To 1Q Net Profit Of RON4.3M

Romanian investment fund SIF Muntenia (SIF4.RO) Monday said it swung a net profit of 4.3 million lei (EUR0.97 million) in the first quarter, versus loss of RON4 million a year earlier.

Florentina Dragu · 07.05.2012 · 19:30 · 1 min
Automotive

Remar Pascani 1Q Turnover Up 10.8% To RON8.8M

Romanian rolling stock repair company Remar Pascani (RMAR.RO) Friday announced its turnover increased 10.8% in the first quarter of 2012, to 8.81 million lei (EUR2 million) from RON7.95 mill...

Radu Bostan · 04.05.2012 · 19:04 · 1 min
Energy

Iproeb Bistrita 1Q Turnover Down 17% To RON21.5M

Romanian cable maker Iproeb Bistrita (IPRU.RO) Friday announced its turnover decreased 17% in the first quarter, to 21.5 million lei (EUR4.9 million), and reported profit of only RON40,000,...

Radu Bostan · 04.05.2012 · 18:57 · 1 min
Companies

Prefab Revenue Down 45% In 1Q To RON8.5M

Romanian building materials maker Prefab (PREH.RO) announced its revenue dropped 45% in the first quarter, to 8.5 million lei (EUR1.9 million) from RON15.7 million a year earlier, while net...

Radu Bostan · 04.05.2012 · 18:56 · 1 min
Companies

Mechel Campia Turzii Loss Widened To RON107M In 2011

Romanian steel works Mechel Campia Turzii (INSI.RO) last year posted losses of 107.2 million lei (EUR25.3 million), 40% higher than in 2010, but expects the losses to decrease by 31% this ye...

Radu Bostan · 03.05.2012 · 19:53 · 1 min
Oltchim Loss Widens To RON82.8M In First Quarter
Energy

Oltchim Loss Widens To RON82.8M In First Quarter

Romania’s state-run chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Thursday said its loss widened substantially in the first quarter, as sales nearly halved on the year.

Mediafax Foto // Adrian Stoicoviciu · 03.05.2012 · 11:36 · 1 min
Health

Farmaceutica Remedia Posts RON54M Turnover In 1Q 2012

Romanian drug distributor Farmaceutica Remedia Deva (RMAH.RO) posted turnover of 54 million lei (EUR12.4 million) in the first quarter of 2012, up 7% on the year, and profit down by 10%, to...

Radu Bostan · 02.05.2012 · 19:44 · 1 min
Automotive

Navrom Galati Switched To Profit Of RON2.21M In 2011

Romanian river navigation company Navrom Galati (COVG.RO) switched to profit last year, posting net earnings of 2.21 million lei (EUR500,000), after losses of RON3.45 million in 2010, accord...

Radu Bostan · 02.05.2012 · 17:55 · 1 min