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Dedeman Aims For 10% Higher Sales In 2012 From RON2B In ‘11
Companies

Dedeman Aims For 10% Higher Sales In 2012 From RON2B In ‘11

Romanian do-it-yourself retailer Dedeman on Wednesday reported sales of 2 billion lei (EUR459 million) for last year, compared to RON1.55 billion in 2010.

Andrei Cîrchelan · 07.03.2012 · 16:31 · 1 min
Courier DPD Romania Eyes 14% Rise In 2012 Turnover, To RON41M
Automotive

Courier DPD Romania Eyes 14% Rise In 2012 Turnover, To RON41M

Private postal firm DPD Romania, owned indirectly by the French post officer (La Poste), expects turnover to rise 14% to 41.4 million lei (EUR9.5 million) in 2012 from RON36 million last yea...

Andrei Cîrchelan · 07.03.2012 · 15:33 · 1 min
GTC's Romanian Portfolio Loses EUR120M In Value In 2011
Real Estate

GTC's Romanian Portfolio Loses EUR120M In Value In 2011

Israeli-owned real estate developer GTC on Monday said the value of its Romanian portfolio fell by EUR120 million last year, mainly due to apartment price and sales drops, as well as lower r...

Andrei Cîrchelan · 05.03.2012 · 13:35 · 2 min
ARACO: Romania’s Construction Market Down 4% In 2011, To EUR9.3B
Companies

ARACO: Romania’s Construction Market Down 4% In 2011, To EUR9.3B

Romania’s construction market dropped 4% last year, to EUR9.3 billion, from EUR9.7 billion, and this year it could reach EUR9.3-9.5 billion in best-case scenario, according to construction e...

Andrei Cîrchelan · 02.03.2012 · 16:00 · 1 min
Energy

Prospectiuni Pretax Profit Rises To RON41.2M In 2011

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Wednesday said its pretax profit rose to 41.2 million lei (EUR9.5 million) in 2011, well above the RON1.8 million reported in...

Florentina Dragu · 29.02.2012 · 18:48 · 1 min
Automotive

Chimpex 2011 Net Profit Up 4.8% To RON7.7M

Romanian port operator Chimpex Constanta (CHEM.RO) Wednesday said its net profit rose 4.8% to 7.73 million lei (EUR1.7 million) in 2011, from RON7.37 million a year earlier.

Florentina Dragu · 29.02.2012 · 18:47 · 1 min
Banks-Insurance

Marfin Bank 2011 Loss In Romania Widens To EUR4M

Cyprus' second largest lender Marfin Bank Wednesday said its loss in Romania widened to EUR4 million in 2011, from EUR3.2 million a year earlier, hit by loan impairment expenses.

Florentina Dragu · 29.02.2012 · 16:14 · 1 min
Companies

Holcim Romania 2011 Cement, Clinker Volumes Up 7.3% On Year

Cement maker Holcim Romania posted a 7.3% year-on-year rise in cement and clinker volumes sold in 2011, based on large urban projects and investment in infrastructure, the Swiss group said i...

Andrei Cîrchelan · 29.02.2012 · 14:20 · 1 min
Erste Posts EUR719M Loss In 2011, Despite Returning To Profit In 4Q
Banks-Insurance

Erste Posts EUR719M Loss In 2011, Despite Returning To Profit In 4Q

Austrian lender Erste Group Bank (EBS.RO) Wednesday announced a net profit after minorities worth EUR254.1 million for the fourth quarter of 2011, which cuts the net loss for the year after...

Andrei Cîrchelan · 29.02.2012 · 12:32 · 1 min