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Romania's Population Down By 2.3 Mln People In Ten Years
Social/Politics

Romania's Population Down By 2.3 Mln People In Ten Years

Romania's population has decreased by more than 2.3 million since 2002, to 19,042,936 people, according to the preliminary results of the 2011 census, published Thursday by the National Stat...

Radu Bostan · 02.02.2012 · 17:21 · 1 min
AdePlast 2011 Sales Rise 12.5% To RON143M
Real Estate

AdePlast 2011 Sales Rise 12.5% To RON143M

Romanian building materials producer AdePlast Wednesday said its 2011 sales rose 12.5% on the year to 143 million lei (roughly RON33 million), in line with expectations.

Florentina Dragu · 01.02.2012 · 13:00 · 1 min
Health

Ropharma Net Profit Slides 3.3% To RON10.5M In 2011

Romanian generic drugs wholesaler Ropharma Brașov (RPH.RO) Tuesday said its net profit fell 3.3% on the year to 10.52 million lei (EUR2.5 million) in 2011, despite higher sales.

Florentina Dragu · 31.01.2012 · 20:19 · 1 min
Retail&Consumer

Eximtur Sales Rise 18% To EUR32M In 2011

Romania’s second largest tourism agency Eximtur Cluj Tuesday reported an 18% increase in its sales to over EUR32 million in 2011, mainly boosted by higher revenue from business tourism and o...

Florentina Dragu · 31.01.2012 · 15:37 · 1 min
Tarom Carried 2.2 Mln Passengers In 2011, Lost Leading Position On Romanian Market
Automotive

Tarom Carried 2.2 Mln Passengers In 2011, Lost Leading Position On Romanian Market

Romanian state-run airline Tarom carried 2.19 million passengers last year, the same as in 2010, while low-cost airline Wizz Air became leader with 2.7 million passengers, up 23% on the year...

Ioana Tudor · 31.01.2012 · 13:25 · 1 min
Automotive

CFR Marfa Posted RON133.5M Losses In 2011

Romanian state-owned railway company CFR Marfa last year posted losses of 133.5 million lei (EUR30.76 million), 67.9% higher than the level approved in its budget, RON79.5 million.

Radu Bostan · 27.01.2012 · 19:50 · 1 min
Capital Market

Erste Asset Management Profit More Than Halves In 2011

Romanian open-end fund administrator Erste Asset Management, a unit of Austria’s Erste Group Bank (EBS.RO), Wednesday said its net profit more than halved to around EUR300,000 – EUR400,000 i...

Florentina Dragu · 25.01.2012 · 17:14 · 1 min
Technology &Telecoms

Siveco Romania Eyes 15% Higher Sales To EUR77M In 2012

IT software developer Siveco Romania estimates a 15% increase in its sales to EUR77 million in 2012, on higher exports, general manager Irina Socol said Wednesday.

Florentina Dragu · 25.01.2012 · 14:31 · 1 min
POS Transactions Using Visa Cards Up 30% In Fiscal Year Ending September 2011
Banks-Insurance

POS Transactions Using Visa Cards Up 30% In Fiscal Year Ending September 2011

The number of Visa cards in circulation in Romania grew by 4.5% in the fiscal year ending in September 2011, to 6.85 million, while the value of POS transactions increased by around 30%, the...

Radu Bostan · 24.01.2012 · 14:51 · 2 min