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Retail&Consumer

Smithfield Foods Sales In Romania Up 24% To $57.6M In 1Q

US pork producer and processor Smithfield Foods Monday reported a 24% increase in Romanian sales to $57.6 million in the first fiscal quarter, from $46.6 million in the year-earlier period.

Florentina Dragu · 12.09.2011 · 14:28 · 1 min
Capital Market

Comvex Posts 8.3% Rise In 1H Profit, To RON2.6M

Harbor operator Comvex Constanta (CMVX.RO) posted a net profit of 2.6 million lei (EUR609,000) in the first six months of the year, up 8.3% from RON2.4 million in the same interval of 2010,...

Andrei Cîrchelan · 09.09.2011 · 19:04 · 1 min
Companies

35 State Companies Generate EUR10B In Turnover, But No Profit

The 35 largest state-owned companies last year generated overall turnover of nearly EUR10 billion, but made no profit, with their total losses amounting to almost EUR500 million. Ziarul Fina...

Roxana Petrescu · 06.09.2011 · 00:00 · 1 min
Capital Market

Electrocarbon Posts 28% Drop In 1H Profit, To RON5.5M

Romanian industrial electrode maker Electrocarbon Slatina (ELNG.RO) on Thursday reported a net profit of 5.5 million lei (EUR1.3 million) for the first half of 2011, down 28% from RON7.7 mil...

Andrei Cîrchelan · 01.09.2011 · 18:04 · 1 min
Banks-Insurance

Volksbank Romania Turns To Profit In July

Volksbank Romania has swung to profit at the end of July, from losses a month earlier, vice-president Lucian Cojocaru said Thursday.

Florentina Dragu · 01.09.2011 · 16:25 · 1 min
Retail&Consumer

Argus 1H Net Profit Falls By A Quarter

Romanian edible oil producer Argus Constanta (UARG.RO) Wednesday said its net profit fell 25% to 4.3 million lei (a little over EUR1 million) in the first half, as revenues rose slower than...

Florentina Dragu · 31.08.2011 · 17:44 · 1 min
Piraeus Bank Romania Sees 28% Drop In 1H Pretax Profit, To RON43.7M
Banks-Insurance

Piraeus Bank Romania Sees 28% Drop In 1H Pretax Profit, To RON43.7M

Piraeus Bank Romania registered a pretax profit of 43.7 million lei (EUR10.35 million) in the first half of the year, under Romanian accounting standards, down 28% on the same interval of th...

Andrei Cîrchelan · 31.08.2011 · 11:49 · 1 min
Banks-Insurance

Bank Of Cyprus 1H Profit In Romania Falls to EUR3.5M

Bank of Cyprus Tuesday reported a 12.5% drop in its after-tax profit in Romania to EUR3.5 million in the first half, from EUR4 million in the year-earlier period.

Florentina Dragu · 30.08.2011 · 19:57 · 1 min
Banks-Insurance

NBG Turns To EUR1M First-Half Loss In Romania

The National Bank of Greece (NBG) Thursday said it has switched to first-half loss of EUR1 million on the Romanian market, from net profit of EUR14 million in the year-earlier period, hurt b...

Florentina Dragu · 30.08.2011 · 19:49 · 1 min