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Energy

Rompetrol Rafinare 1H Loss Narrows To $63.7M

Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, Thursday said its net loss narrowed 46% to $63.7 million in the first half, from...

Florentina Dragu · 11.08.2011 · 18:40 · 2 min
Health

Farmaceutica Remedia Net Profit Rises 80% In 1H

Romanian pharmaceuticals supplier Farmaceutica Remedia Deva (RMAH.RO) Tuesday said its net profit rose nearly 80% doubled on the year to 2.75 million lei (EUR0.64 million) in the first six m...

Florentina Dragu · 11.08.2011 · 17:35 · 1 min
Energy

Uztel Loss Narrows To RON3.15M In First Half

Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Thursday said its net loss narrowed to 3.15 million lei (around EUR0.74 million) in the first half, helped by growing sales.

Florentina Dragu · 11.08.2011 · 13:16 · 1 min
Transelectrica Switches To Net Profit Of RON178.6M In 1H
Energy

Transelectrica Switches To Net Profit Of RON178.6M In 1H

Romanian national electricity transporter Transelectrica (TEL.RO) Thursday reported a first-half net profit of 178.63 million lei (EUR41.8 million), compared with a loss of RON58.16 million...

Bogdan Neagu · 11.08.2011 · 10:23 · 1 min
Petrom Posts Stronger Results Despite Falling Fuel Demand
Energy

Petrom Posts Stronger Results Despite Falling Fuel Demand

OMV Petrom (SNP.RO), the largest Romanian company, reported rising financial figures again though the market was characterized by shrinking fuel demand. Price hikes offset the consumption de...

Roxana Petrescu · 11.08.2011 · 00:00 · 2 min
Companies

Vae Apcarom 1H Net Profit Up 47.3% To RON2.8M

Romanian rolling stock maker Vae Apcarom Buzau (APC.RO), owned by Austria's Voestalpine, Wednesday reported net profit of 2.79 million lei (EUR0.6 million) in the first half, up 47.3% on the...

Florentina Dragu · 10.08.2011 · 11:26 · 1 min
Bucharest Bourse 1H Net Profit Triples To RON12.5M
Capital Market

Bucharest Bourse 1H Net Profit Triples To RON12.5M

The Bucharest Stock Exchange (BVB.RO) Wednesday said its net profit nearly tripled on the year to 12.5 million lei (EUR2.9 million) in the first half, fueled by improved operating and financ...

Florentina Dragu · 10.08.2011 · 09:59 · 1 min
OMV Petrom 2Q Net Profit Rises To RON903M
Energy

OMV Petrom 2Q Net Profit Rises To RON903M

Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit after minorities rose 26% on the year to 903 million lei (EUR211.6 million) in the second quarter, mostly fuele...

Florentina Dragu · 10.08.2011 · 09:18 · 2 min
Automotive

Orsova Shipyard Sales Fall 19% To RON27.3M In First Half

Romanian shipyard Santierul Naval Orsova (SNO.RO) Tuesday reported total sales of 27.28 million lei (EUR6.4 million) in the first half, down 19% from RON33.7 million in the year-earlier peri...

Florentina Dragu · 09.08.2011 · 18:23 · 1 min