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Banks-Insurance

Garanti Bank Romania 1Q Net Profit Rises 80%, To EUR5.8M

Garanti Bank Romania reported a consolidated net profit of EUR5.8 million in the first quarter of the year, up over 80% from the same period a year earlier.

Ecaterina Craciun · 26.04.2012 · 12:31 · 1 min
Automotive

UAMT Oradea Eyes 16% Higher Profit In 2012

Romanian car parts maker UAMT Oradea (UAM.RO) estimates its net profit will rise 16.2% to 630,000 lei (roughly EUR144,000) in 2012, fueled by a 14.7% increase in sales.

Florentina Dragu · 26.04.2012 · 12:30 · 1 min
Banks-Insurance

Banca Carpatica Switches To Profit Of RON8.54M In 1Q

Romanian Banca Comerciala Carpatica (BCC.RO) posted a net profit of 8.54 million lei (EUR1.9 million) in the first quarter, compared with losses of RON13.5 million in the same period of last...

Radu Bostan · 24.04.2012 · 20:37 · 1 min
Banks-Insurance

Piraeus Bank Romania Pretax Profit Falls To EUR31M In 2011

Piraeus Bank Romania, the local unit of Greek financial group Piraeus, reported a pretax profit of EUR31 million in 2011, down 64.5% from EUR51 million a year earlier.

Radu Bostan · 20.04.2012 · 20:44 · 1 min
Banks-Insurance

NBG Switches To EUR13M Loss In Romania In 2011

The National Bank of Greece (NBG) posted losses of EUR13 million in Romania last year, compared with profits of EUR13 million in 2010, as a result of falling revenue.

Radu Bostan · 20.04.2012 · 19:59 · 1 min
Banks-Insurance

EFG Eurobank Posts Losses Of EUR25M In Romania In 2011

The EFG Eurobank group, the majority shareholder of Bancpost, reported losses of EUR25.1 million in 2011 in Romania, after net profits of EUR15.8 million in 2010.

Radu Bostan · 20.04.2012 · 19:16 · 1 min
Banks-Insurance

Alpha Bank 2011 Pretax Profit In Romania Falls To EUR12M

Alpha Bank Romania's pre-tax profit dropped 75.4% last year, from EUR49.2 million in 2010 to EUR12.1 million, the bank's Greek parent group announced Friday.

Radu Bostan · 20.04.2012 · 19:02 · 1 min
Unirea Shopping Center 2011 Net Profit Falls To RON3.5M
Real Estate

Unirea Shopping Center 2011 Net Profit Falls To RON3.5M

Romania’s Unirea Shopping Center (SCDM.RO) Friday said its net profit dropped 41.7% to 3.49 million lei (EUR0.79 million) in 2011, hit by the lingering effects of the global financial crisis...

Florentina Dragu · 20.04.2012 · 15:30 · 1 min
Banks-Insurance

Generali Romania Eyes 13% Increase In 2012 Underwritten Premiums To RON577M

Insurer Generali Romania (former Ardaf) estimates its underwritten premiums will increase 13% in 2012 to 577.82 million lei (EUR132 million), while losses might drop 80.8% to RON15.97 millio...

Ioana Tudor · 18.04.2012 · 15:50 · 1 min