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Banks-Insurance

Insurer Euroins Romania 1H Underwritten Premiums Down 36% To RON116M

Insurer Euroins Romania underwrote premiums of over 116 million lei (about EUR27.35 million) in the first half of the year, down 36% compared to the same interval in 2010, due to a 41% drop...

Ioana Tudor · 29.08.2011 · 13:48 · 1 min
Automotive

Otopeni, Baneasa Airports Report 8% Higher Passenger Traffic In 1H

The Bucharest National Airport Company (CNAB) registered a turnover increase of 34.1% in the first half of the year to 214.75 million lei (about EUR50.59 million) from RON160.09 million in t...

Ioana Tudor · 26.08.2011 · 13:31 · 1 min
Intercontinental Bucuresti Swings To RON1.9M Profit In First Half
Capital Market

Intercontinental Bucuresti Swings To RON1.9M Profit In First Half

Intercontinental Bucuresti (RCHI.RO), which operates the five-star Intercontinental hotel in Bucharest, on thuesday reported a net profit of 1.9 million (EUR0.47 million) for the first half...

Andrei Cîrchelan · 25.08.2011 · 19:17 · 1 min
Banks-Insurance

Omniasig 1H Underwritten Premiums Down 10.54%, To RON433M

Omniasig Vienna Insurance Group's underwritten premiums decreased by 10.54% in the first half of 2011, to 433.13 million lei (around EUR100 million), according to IFRS, the Romanian insurer...

Radu Bostan · 25.08.2011 · 13:03 · 1 min
Banks-Insurance

Raiffeisen Bank International 1H Profit In Romania Falls To EUR40M

Austria’s Raiffeisen Bank International AG Thursday said its after tax profit in Romania fell 23% to EUR40 million in the January-June period, hurt by higher expenses and lower revenue from...

Florentina Dragu · 25.08.2011 · 11:41 · 1 min
Automotive

Iproeb Bistrita 1H Net Profit Doubles To RON3.1M

Romanian cable maker Iproeb Bistrita (IPRU.RO) Wednesday said its net profit more than doubled to 3.09 million (EUR0.7 million) in the first half, from RON1.43 million in the year-earlier pe...

Florentina Dragu · 24.08.2011 · 18:04 · 1 min
Heineken Romania Volumes Rose 5% On The Year In Jan-June
Retail&Consumer

Heineken Romania Volumes Rose 5% On The Year In Jan-June

Beer maker Heineken on Wednesday reported a 5% year-on-year rise in its first half Romanian volumes, while earnings before interest and taxes (EBIT) rose “significantly”, according to a half...

Andrei Cîrchelan · 24.08.2011 · 12:23 · 1 min
Companies

20 Most Profitable Companies In Romania Cumulate EUR1.77B In 2010 Earnings

The 20 most profitable companies in Romania posted cumulated net profit of EUR1.77 billion in 2010, up 2.3% against the previous year, shows a Ziarul Financiar analysis of the financial stat...

Cristi Moga · 24.08.2011 · 00:00 · 1 min
Banks Paid 50% Less In Profit Tax In First Half
Banks-Insurance

Banks Paid 50% Less In Profit Tax In First Half

The Romanian government collected profit tax of EUR1.2 billion from companies in the first half of the year, 4% more than in the similar period of 2010, while amounts paid by banks halved.

Claudia Medrega · 23.08.2011 · 00:00 · 2 min