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Retail&Consumer

Ductil Buzau 1H Net Profit Falls 36% To RON4.3M

Romanian industrial wire producer Ductil Buzau (DUCL.RO) Thursday reported a net profit of 4.3 million lei (around EUR1 million) in the first half, down 35.8% on the year.

Florentina Dragu · 04.08.2011 · 18:10 · 1 min
Automotive

UCM Resita 1H Loss Narrows 45% On Year

Romanian engine manufacturer UCM Resita (UCM.RO) Thursday said its net loss narrowed 43.5% to 24 million lei (EUR5.7 million) in the first half, from RON43.5 million in the year-earlier peri...

Florentina Dragu · 04.08.2011 · 17:11 · 1 min
Albalact's Net Profit Slides 6% To RON2.26M In First Six Months
Retail&Consumer

Albalact's Net Profit Slides 6% To RON2.26M In First Six Months

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) Thursday reported a 6% decline in its first half profit to 2.26 million lei (EUR0.52 million), despite higher sales by nearly 33% on the ye...

Florentina Dragu · 04.08.2011 · 17:10 · 1 min
Banks-Insurance

ING Asigurari De Viata Premiums Down 1.1% In First Half, To RON272.7M

Romanian insurer ING Asigurari de Viata's underwritten premiums decreased by 1.1% in the first six months of the year, to 272.7 million lei (EUR64.5 million) and its gross profit dropped to...

Radu Bostan · 04.08.2011 · 14:15 · 1 min
Cosmote Romania 2Q Revenue Falls Slightly To EUR114M
Technology &Telecoms

Cosmote Romania 2Q Revenue Falls Slightly To EUR114M

Revenues of mobile operator Cosmote on the Romanian market fell to EUR114 million in the second quarter of 2011, but its earnings before interest, tax, depreciation and amortization, or EBIT...

Ioana Tudor · 04.08.2011 · 12:36 · 1 min
Romtelecom’s 2Q Revenue Down 7.1%, To EUR166.1M
Technology &Telecoms

Romtelecom’s 2Q Revenue Down 7.1%, To EUR166.1M

Romanian telecom operator Romtelecom’s revenue dropped 7.1% in the second quarter of the year to EUR166.1 million, while its earnings before interest, tax, depreciation and amortization (EBI...

Ioana Tudor · 04.08.2011 · 11:57 · 1 min
UniCredit Tiriac Bank 1H Net Profit Falls 36.6% To RON94M
Banks-Insurance

UniCredit Tiriac Bank 1H Net Profit Falls 36.6% To RON94M

Romania’s UniCredit Tiriac Bank on Thursday said its net profit fell 36.6% to 94 million lei (EUR22.6 million) in the first half, on higher operating costs and lower revenue from interests.

Florentina Dragu · 04.08.2011 · 11:36 · 1 min
Banks-Insurance

UniCredit 1H Pretax Profit In Romania Falls 40% To EUR25M

Italian banking group UniCredit posted pretax profit in Romania of EUR25 million in the first half, down 39% on the year, the group said in its financial report Wednesday.

Florentina Dragu · 03.08.2011 · 17:32 · 1 min
Technology &Telecoms

Subscriptions To Cable Operator UPC Romania Slightly Up In 2Q, Client Base Down

Subscriptions to the services of cable operator UPC Romania increased slightly in the second quarter of 2011, to 1.542 million, with growth on the digital cable segment, satellite TV, intern...

Oana Gavrila · 03.08.2011 · 13:11 · 1 min