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Technology &Telecoms

Romanian ABN Systems 2011 Revenue Inches Up To EUR4.5M

Telecom equipment supplier ABN Systems on Monday reported a revenue of EUR4.5 million for 2011, slightly higher than in 2010, as retail saw an overall decline of 3.3% in the timeframe analyz...

Andrei Cîrchelan · 20.02.2012 · 17:02 · 1 min
Automotive

ALD Automotive Aims To Increase Managed Fleet By 15% In 2012, To More Than 7,700 Cars

Romanian leasing company ALD Automotive aims to increase its managed fleet by at least 15% this year, to more than 7,700 vehicles.

Radu Bostan · 20.02.2012 · 14:23 · 1 min
Two Thirds Of Listed Companies Posted Turnover Growth In 2011
Capital Market

Two Thirds Of Listed Companies Posted Turnover Growth In 2011

The cumulated turnover of the 71 companies listed in Bucharest that have so far reported preliminary results for 2011 rose by 17.6% on the year in 2011 and their cumulated net profit climbed...

Oana Gavrila · 20.02.2012 · 00:00 · 2 min
Biofarm Emerges As Most Profitable Pharma Company On Bucharest Bourse
Health

Biofarm Emerges As Most Profitable Pharma Company On Bucharest Bourse

Biofarm (BIO.RO) was the most profitable pharmaceuticals company on the Bucharest stock exchange last year. Despite a two-percentage point drop in net profit margin to 15.5%, the drugmaker s...

Adrian Cojocar · 20.02.2012 · 00:00 · 1 min
Lafarge Romania Posts 4% Increase In 2011 Sales
Companies

Lafarge Romania Posts 4% Increase In 2011 Sales

French group Lafarge on Friday reported a 4% increase in its Romanian sales for 2011, helped by an increase in the amount of industrial and infrastructure projects, but profit declined on lo...

Andrei Cîrchelan · 17.02.2012 · 14:54 · 1 min
CFR Calatori Traffic Down 7% In 2011
Automotive

CFR Calatori Traffic Down 7% In 2011

Romanian state railway operator CFR Calatori carried 53.45 million passengers last year, 7.3% less compared with 2010, because of a larger national car park, fewer commuters, lower purchasin...

Radu Bostan · 16.02.2012 · 17:58 · 1 min
Health

Zentiva Romania 2011 Net Profit Down 45% To RON31.6M

Pharmaceuticals company Zentiva Romania (SCD.RO) Thursday said its net profit dropped 45% to 31.56 million lei (EUR7.4 million) in 2011, from RON57.4 million a year earlier.

Florentina Dragu · 16.02.2012 · 15:40 · 1 min
Garanti Group Romania Sees 50% Jump In Profits In 2012
Banks-Insurance

Garanti Group Romania Sees 50% Jump In Profits In 2012

Garanti Group Romania reported a consolidated net profit of EUR8.3 million in 2011, the financial group said in a statement Thursday.

Florentina Dragu · 16.02.2012 · 13:18 · 1 min
Banca Carpatica's Loss Narrows 80% To RON31.54M In 2011
Banks-Insurance

Banca Carpatica's Loss Narrows 80% To RON31.54M In 2011

Romanian lender Banca Carpatica (BCC.RO) on Thursday reported a net loss of 31.54 million lei (EUR7.4 million) for 2011, compared with a negative result of RON154.47 million in the previous...

Andrei Cîrchelan · 16.02.2012 · 10:15 · 1 min