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Automotive

UAMT Oradea 2011 Net Profit Rises 77% On Year

Romanian car parts maker UAMT Oradea (UAM.RO) Monday said its net profit rose 77% on the year to around 542,000 lei (EUR128,000) in 2011, fueled by higher sales.

Florentina Dragu · 13.02.2012 · 13:02 · 1 min
Capital Market

Bucharest Bourse 2011 Net Profit Triples To RON17M

The Bucharest Stock Exchange (BVB.RO) Friday said its net profit more than tripled on the year to roughly 17 million lei (EUR4 million) in 2011, boosted by higher sales revenue and improved...

Florentina Dragu · 10.02.2012 · 10:47 · 1 min
Banks-Insurance

Insurer ING Asigurari De Viata 9-Mo Underwritten Premiums Up 0.8% To RON407.5M

Romanian insurer ING Asigurari de Viata underwrote premiums of 554.4 million lei (EUR127.2 million) last year, up 2% compared with 2010, while its gross profit dropped by 62% to RON17.8 mill...

Radu Bostan · 09.02.2012 · 18:11 · 2 min
Companies

Voestalpine Vae Apcarom Posts RON7.2M Net Profit In 2011

Romanian rolling stock maker Voestalpine Vae Apcarom Buzau (APC.RO) on Thursday reported a 25.1% in its net profit, to 7.2 million lei (EUR1.7 million) in 2011, from RON5.8 million in the pr...

Andrei Cîrchelan · 09.02.2012 · 16:02 · 1 min
Vodafone Romania Reports Slight Decrease In Service Revenue, To GBP512M In April-Dec 2011
Technology &Telecoms

Vodafone Romania Reports Slight Decrease In Service Revenue, To GBP512M In April-Dec 2011

Vodafone Romania reported a slight decrease in mobile service revenue, to GBP512 million (EUR611 million), in the April-December period, the first nine months of the 2011-2012 fiscal year, c...

Ecaterina Craciun · 09.02.2012 · 14:45 · 1 min
Vodafone Romania Customer Base On Downward Trend, To 8.3M Customers End-2011
Technology &Telecoms

Vodafone Romania Customer Base On Downward Trend, To 8.3M Customers End-2011

Mobile telephony operator Vodafone Romania registered 8.327 million customers at December 31, 2011, which is 3.1% less from the quarter ended in September, mainly due to the continuous disco...

Ecaterina Craciun · 09.02.2012 · 11:04 · 1 min
Health

Farmaceutica Remedia Sees RON4M Profit In ‘11

Medicine wholesaler Farmaceutica Remedia Deva (RMAH.RO) on Wednesday reported a net profit of 4 million lei (EUR0.92 million) for 2011, compared to RON1.95 million in the previous year.

Andrei Cîrchelan · 08.02.2012 · 18:59 · 1 min
Banks-Insurance

Evaluation Firm Darian Posts 12% Hike In 2011 Sales, To EUR3M

Romanian evaluators Darian DRS on Wednesday reported a turnover of EUR3 million for 2011, up 12% on the year, reaching a level similar to pre-crisis results.

Andrei Cîrchelan · 08.02.2012 · 14:02 · 1 min
Endava 2011 Sales In Romania Up 60% On Year To EUR9.2M
Technology &Telecoms

Endava 2011 Sales In Romania Up 60% On Year To EUR9.2M

Corporate IT services and solutions provider Endava on Monday announced sales of EUR9.2 million for 2011 in Romania, up some 60% on the year.

Andrei Cîrchelan · 06.02.2012 · 14:37 · 1 min