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Banks-Insurance

UNIQA Asigurari's Underwritten Premiums Down 5.7% To RON293M In First 9 Months

Romanian insurer UNIQA Asigurari underwrote premiums worth 293.47 million lei (EUR67.42 million) in the first nine months of 2011, down 5.7% on the year, and it paid damages worth a total RO...

Radu Bostan · 24.11.2011 · 14:01 · 1 min
Banks-Insurance

Omniasig’s Underwritten Premiums Fell 14.5% In Jan-Sept, To RON618.3M

Omniasig Vienna Insurance Group underwrote premiums of 618.34 million lei (EUR142 million) in the first nine months of the year, down 14.5% compared with the same interval a year ago, the in...

Ioana Tudor · 24.11.2011 · 13:58 · 1 min
Raiffeisen Romania Net Profit Down 29% To EUR60M In Jan-Sep
Banks-Insurance

Raiffeisen Romania Net Profit Down 29% To EUR60M In Jan-Sep

Raiffeisen Bank International on Thursday reported a profit after tax of EUR60 million in Romania between January and September, down 29.1% from EUR85 million on the same interval of 2010, o...

Andrei Cîrchelan · 24.11.2011 · 11:52 · 1 min
Real Estate

Electrocarbon 9-Month Net Profit Falls To RON10.75M

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) Tuesday said its net profit fell 18.6% on the year to 10.75 million lei (EUR2.5 million) in the first nine months, despit...

Florentina Dragu · 22.11.2011 · 18:15 · 1 min
Banks-Insurance

Insurer Ardaf Posts Loss Of RON22.36M In 9-Mos

Romanian insurer Ardaf posted losses of 22.36 million lei (EUR5.3 million) in the first nine months, with a loss of RON30.46 million in the third quarter.

Radu Bostan · 21.11.2011 · 19:00 · 1 min
Romanian Banks Switch To RON860M Combined Loss In Q3 As Provisions Rise
Banks-Insurance

Romanian Banks Switch To RON860M Combined Loss In Q3 As Provisions Rise

Romanian banks reported a combined net loss of 860 million lei (roughly EUR200 million) in the third quarter, versus a profit of RON95.4 million a quarter earlier, banking sources said Frida...

Florentina Dragu · 18.11.2011 · 14:11 · 1 min
Banks-Insurance

OTP Bank Romania Swings To EUR5.4M Net Profit In Jan-Sep

OTP Bank Romania, the local unit of Hungary’s financial group OTP, swung to a net profit of 1.5 billion Hungarian forints (EUR5.4 million) in the first nine months, from losses a year earlie...

Florentina Dragu · 18.11.2011 · 13:08 · 1 min
Energy

Chimcomplex Net Profit More Than Doubles To RON7.5M In January-September

Romanian chemical plant Chimcomplex Borzesti (CHOB.RO) Thursday said its net profit more than doubled to 7.5 million lei (EUR1.72 million) in the first nine months, from RON3.3 million a yea...

Florentina Dragu · 17.11.2011 · 19:15 · 1 min
Companies

Mechel Posts Over RON2.1 Billion In Turnover With Three Of Its Four Plants In Nine Months

The turnovers of three of the four steel companies owned by Russian group Mechel in Romania climbed by 72% in the first nine months of this year, to 2.1 billion lei (EUR0.48 million), but th...

Adrian Cojocar · 17.11.2011 · 00:00 · 1 min