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UniCredit Tiriac Bank 9-Month Net Profit Down 43% To RON122M
Banks-Insurance

UniCredit Tiriac Bank 9-Month Net Profit Down 43% To RON122M

Romanian lender UniCredit Tiriac Bank on Tuesday reported a 43% year-on-year drop in its nine-month profit, to 122 million lei (EUR29 million), as harsh economic conditions and legislation c...

Andrei Cîrchelan · 15.11.2011 · 12:59 · 1 min
Banks-Insurance

UNSAR Members' Underwritten Premiums Down 5% In Jan-Sept To RON4.9B

Premiums underwritten by insurers that make up the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) fell about 5% in the first nine months of 2011 to 4.9 billion lei...

Ioana Tudor · 15.11.2011 · 12:58 · 2 min
Fondul Proprietatea 3Q Investments Focused On Lenders
Capital Market

Fondul Proprietatea 3Q Investments Focused On Lenders

Investment fund Fondul Proprietatea (FP.RO) continued to buy stock on the Bucharest bourse in the third quarter, increasing its stakes in Banca Transilvania (TLV.RO), BRD (BRD.RO), Alro (ALR...

Andrei Cîrchelan · 15.11.2011 · 11:53 · 2 min
Alro Reports 70% Hike In 9-Month Net Profit, To RON222M
Capital Market

Alro Reports 70% Hike In 9-Month Net Profit, To RON222M

Aluminum maker Alro Slatina (ALR.RO) reported a 70.7% year-on-year hike in its nine-month net profit, to 222.4 million lei (EUR52.8 million), compared to RON131.4 million in the same interva...

Andrei Cîrchelan · 15.11.2011 · 10:36 · 1 min
Capital Market

Prodplast 9-Mo Net Profit Up 43% YY To RON2M

Plastic items maker Prodplast Bucuresti (PPL.RO) registered a 43% year-on-year increase in its nine-month profit, to 2 million lei (EUR0.46 million) from RON1.4 million.

Andrei Cîrchelan · 15.11.2011 · 10:21 · 1 min
Energy

Dafora Nine-Month Sales Fall 20% To RON115.3M

Drilling and construction firm Dafora Medias (DAFR.RO), owned by businessman Gheorghe Calburean, on reported a 20% drop in nine-month sales, to 115.3 million lei (EUR27.4 million), from RON1...

Andrei Cîrchelan · 15.11.2011 · 10:16 · 1 min
Capital Market

Impact Developer&Contractor 9-Mo Loss Doubles To RON14.3M

Romanian realty developer Impact, owned by businessman Dan Ioan Popp, registered a loss of 14.3 million lei (EUR3.4 million) in the first nine months, more than double the RON6.7 million los...

Andrei Cîrchelan · 14.11.2011 · 20:21 · 1 min
Health

Antibiotice Posts 17.7% Rise In 9-Mo Net Profit, To RON24.85M

Romanian state-owned medicine maker Antibiotice Iasi (ATB.RO) on Monday reported a 17.7% year-on-year increase in its nine-month net profit, to 24.85 million lei (EUR5.9 million), form RON21...

Andrei Cîrchelan · 14.11.2011 · 20:09 · 1 min
Capital Market

Electromagnetica 9-Mo Net Profit Dn 25% YY To RON17.04M

Measuring device maker Electromagnetica (ELMA.RO) on Monday reported a net profit of 17.04 million lei (EUR3.92 million) for the first nine months, down 25.1% from RON22.76 million in the sa...

Andrei Cîrchelan · 14.11.2011 · 20:00 · 1 min