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Technology &Telecoms

IT Solutions Provider Wizrom Posts 4% Higher Revenue In 2011, At EUR6.15M

Romanian software solution provider Wizrom registered revenue of EUR6.15 million in 2011, up 4% on the year, due to an increase in IT solution demand and the interest in software model Softw...

Ioana Tudor · 24.01.2012 · 13:48 · 1 min
Companies

Romet 2011 Sales Up 10% YY To EUR300M

Romanian group Romet reported sales of some EUR300 million for 2011, up 10% on the year, fueled by EU-funded projects and exports.

Andrei Cîrchelan · 23.01.2012 · 17:10 · 1 min
Romanian Banks Reported RON430M Combined Loss In 2011
Banks-Insurance

Romanian Banks Reported RON430M Combined Loss In 2011

Romanian banks reported a combined loss of about 430 million lei (EUR100 million) last year, from a negative result of RON516 million in 2010.

Ioana Tudor · 22.01.2012 · 13:38 · 1 min
Technology &Telecoms

EBS Romania Turnover Up 60% In 2011 To EUR9.3M

The turnover of software solutions provider EBS Romania increased 60% last year, compared with 2010, to EUR9.3 million, the company announced in a press release.

Radu Bostan · 19.01.2012 · 17:39 · 1 min
Carrefour Romania's 2011 Sales Up 4.8% On Year To EUR1.18B
Retail&Consumer

Carrefour Romania's 2011 Sales Up 4.8% On Year To EUR1.18B

French retailer Carrefour posted sales of EUR1.184 billion in Romania last year, up 4.8% on the year, according to the group's financial report published Thursday.

Andrei Cîrchelan · 19.01.2012 · 12:28 · 1 min
Bread Maker Titan's Net Profit Rises To RON8.2M In 2011
Retail&Consumer

Bread Maker Titan's Net Profit Rises To RON8.2M In 2011

Romanian grain mill products maker Titan (MPN.RO) posted a turnover of 348 million lei (EUR82.3 million) between October 1, 2010 and September 30, 2011, while net profit stood at RON8.2 mill...

Andrei Cîrchelan · 18.01.2012 · 14:50 · 1 min
Companies

Romcarbon Reports RON107M Turnover For 2011, Up 5% On Year

Romanian plastic systems maker Romcarbon Buzau (ROCE.RO) Wednesday reported a 5% year-on-year decline in its 2011 sales, to some 107 million lei (EUR24.7 million) from RON112.9 million in th...

Andrei Cîrchelan · 18.01.2012 · 11:55 · 1 min
Private Pension Funds' Assets Up 47% In 2011, To RON6.85B
Banks-Insurance

Private Pension Funds' Assets Up 47% In 2011, To RON6.85B

The assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) rose by 47% in 2011 to 6.85 billion lei (about EUR1.6 billion), private pension r...

Ioana Tudor · 16.01.2012 · 19:00 · 1 min
Capital Market

SIF Transilvania, SIF Moldova 2011 Profits Hit Record After Erste Deal

Romanian regional investment funds SIF Transilvania (SIF3.RO) and SIF Moldova (SIF2.RO) posted record net profit in 2011, after they sold their shares in lender Banca Comerciala Romana (BCR)...

Florentina Dragu · 13.01.2012 · 20:51 · 1 min