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Austria’s Erste 1Q Net Profit +7.8% On Year To EUR346.5M
Austria's Erste Group Bank AG (EBS.RO) Monday said its net profit after minorities rose 7.8% on the year to EUR346.5 million in the first quarter, largely fueled by a one-time income of EUR2...
BRD 1Q Net Profit Falls 39% To RON83M
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) Monday reported a 39% drop in first-quarter net profit, as an increase in risk costs offset the improvement in operating in...
Intercontinental Bucuresti Switches To Profit After 10 Years Of Losses
Romanian hotel operator Compania Hoteliera Intercontinental Bucuresti (RCHI.RO), which manages the Intercontinental hotel in Bucharest, posted profit of almost 1.2 million lei (EUR274,000) l...
Albalact Sales Rose 29% In 2011 To RON338.2M, Net Profit Up Ten Times
Romanian dairy maker Albalact (ALBZ.RO) on Friday reported a 29% increase in last year sales, which lifted its net profit to RON5.76 million, ten times higher than in 2010.
Furniture Retailer kika Romania Turnover Up 6% In Last Financial Year
The turnover of furniture retailer kika Romania grew 6% in the financial year ended March, and the Austrian parent group expects it will increase by 5% to 10% this year.
Turbomecanica 1Q Loss Widens To RON3M
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Friday said its loss widened 43% to 3 million lei (EUR0.69 million) in the first quarter, from RON2.1 million in the year-earli...
Agrana Romania Sees 2012 Profit Plunging 13-Times, To RON6.5M
Sugar maker Agrana Romania (BETA.RO) estimates its net profit will plunge to RON6.5 million (EUR1.4 million) this year, 13 times lower on the year, and its turnover is seen falling 10% to RO...
SIF Transilvania Posts 54% Higher Revenue In 1Q, RON90.9M
Romanian regional investment fund SIF Transilvania (SIF3.RO) Thursday reported revenue of 90.9 million lei (EUR20.8 million) in the first quarter, 54.1% higher on the year.
Automobile Dacia 2011 Net Profit Falls 8% To RON275M
Romania’s Automobile Dacia, the local unit of French carmaker Renault, Thursday said its net profit slid 8% on the year to 275.1 million lei (EUR62.87 million) in 2011, due to higher costs.