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Automotive

Orsova Shipyard 9-Month Sales Fall 29% To RON40.3M

Romanian shipyard Santierul Naval Orsova (SNO.RO) Thursday reported total sales of 40.29 million lei (EUR9.7 million) in the first nine months, down 29% from RON57.3 million in the year-earl...

Florentina Dragu · 10.11.2011 · 12:15 · 1 min
Energy

Rompetrol Well Services 9-Month Net Profit Rises To RON10.8M

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Thursday said its net profit inched up 1.8% to 10.8 million lei (EUR2.5 million) in the first nine m...

Florentina Dragu · 10.11.2011 · 11:59 · 1 min
Banca Carpatica Loss Narrows To RON25M In Jan-Sep
Banks-Insurance

Banca Carpatica Loss Narrows To RON25M In Jan-Sep

Romanian lender Banca Comerciala Carpatica (BCC.RO) Thursday said its loss narrowed 78.3% to 24.97 million lei (EUR5.9 million) in the first nine months, aided by lower risk costs.

Florentina Dragu · 10.11.2011 · 11:33 · 1 min
Bucharest Bourse 9-Mo Net Profit More Than Doubles To RON15.8M
Capital Market

Bucharest Bourse 9-Mo Net Profit More Than Doubles To RON15.8M

The Bucharest Stock Exchange (BVB.RO) Thursday said its net profit more than doubled on the year to 15.81 million lei (EUR3.7 million) in the first nine month, largely fueled by higher volum...

Florentina Dragu · 10.11.2011 · 11:15 · 1 min
Transelectrica 9-Month Net Profit Rises To RON153.4M
Energy

Transelectrica 9-Month Net Profit Rises To RON153.4M

Romanian state-run power grid operator Transelectrica (TEL.RO) Thursday said its net profit soared to 153.4 million (EUR35.2 million) in the first nine months, from RON5.17 million a year ea...

Florentina Dragu · 10.11.2011 · 10:27 · 1 min
Petrom Announces Highest Profit Ever. Austrian Owners Win, Local Economy Loses
Energy

Petrom Announces Highest Profit Ever. Austrian Owners Win, Local Economy Loses

Profit chain: Fuels become more expensive. OMV Petrom (SNP.RO) makes higher profit. Austrian-held OMV, which owns 51% in Petrom, makes even more money. The government gains something, too, t...

Andrei Chirileasa · 10.11.2011 · 00:00 · 5 min
Energy

Conpet 9-Month Net Profit Falls 19% To RON28.7M

Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) Wednesday reported a 19% drop in its net profit to 28.7 million lei (EUR6.6) in the first nine months, from RON35.4 million in th...

Florentina Dragu · 09.11.2011 · 19:33 · 1 min
Energy

CEZ Romania 9-Month Production, Trading EBITDA At EUR27.6M

CEZ Romania, a unit of Czech power group CEZ AS, reported operating profit before taxes of CZK700 million (EUR27.6 million) in the first nine months from production and trading operations, t...

Florentina Dragu · 09.11.2011 · 14:41 · 1 min
Capital Market

Bread Maker Titan Swings To RON7.6M Profit In Jan-Sep

Romanian grain mill products maker Titan (MPN.RO) on Wednesday reported a net profit of 7.57 million lei (EUR1.73 million) in the first nine months, compared to a loss of RON2.56 million in...

Andrei Cîrchelan · 09.11.2011 · 12:58 · 1 min