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Ductil Buzau Sees 2012 Net Profit At RON7.5M, Down 5% On Year
Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) on Tuesday said it expects net profit to reach 7.5 million lei (EUR1.7 million) this year, down 5% from RON7.9 million i...
Sibex Swings To RON0.6M Loss In 2011
Romania's monetary exchange Sibex on Monday reported a loss of some 600,000 lei (EUR) for 2011, after seven consecutive years of profit.
Raiffeisen Bank Romania 2011 Net Profit Rises To EUR96M
Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Monday said its net profit rose 16% on the year to EUR96 million in 2011, fueled by higher income from loans.
BCR Posts RON0.5B Loss In 2011
BCR, the largest Romanian bank, ended 2011 with a net loss of 511 million lei (EUR117 million) compared with a profit of RON55.4 million in 2010, according to its filings based on the Romani...
UTI Group To Invest EUR50M In Local, Foreign Acquisitions
Romanian group UTI will invest EUR50 million over the next two years to buy several local and foreign companies involved in security, IT, traffic management, construction and facility manage...
UniCredit Tiriac Bank 2011 Net Profit Falls 7% To RON160M
Romania’s UniCredit Tiriac Bank on Thursday said its net profit slid 7% to 159.4 million lei (roughly EUR38 million) in 2011, on higher operating costs and lower revenue from interests.
Reff & Asociatii Assisted Transactions Worth EUR1B In 2011
Romanian law firm Reff si Asociatii assisted clients in transactions worth a total EUR1 billion last year, the company said Wednesday in a news release.
Zentiva Romania To Pay Dividends Of RON33.8M, More Than 2011 Preliminary Profit
Drug maker Zentiva Romania (SCD.RO) plans to pay dividend worth a total 33.85 million lei (EUR7.7 million) for 2011, even though preliminary reports point to a net profit of RON31.56 million...
Top Ten Law Firms Made EUR79.6M In Revenue In 2011
Seven of the largest law firms on the local market posted revenue growth last year, as a result of a slight improvement of the business environment and of the increase in revenue they made f...