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Automotive

LeasePlan Romania 1Q Turnover Up 57% On Year To EUR9M

Car leasing company LeasePlan Romania reported first-quarter turnover of EUR9 million, up 57% on the year, the company said in a statement Thursday.

Florentina Dragu · 26.05.2011 · 17:04 · 1 min
Telecom: Mobile Market Up 1%, Landline Market Down 4% In 2H 2010
Technology &Telecoms

Telecom: Mobile Market Up 1%, Landline Market Down 4% In 2H 2010

Romania's mobile telephone market grew 1% in the second half of 2010, after a 4% drop in the first part of the year, reaching 24.6 million users, while the landline phone market shrunk 4%, t...

Radu Bostan · 26.05.2011 · 14:15 · 2 min
Raiffeisen Bank Posts Halved 1Q Profit In Romania, At EUR16M
Banks-Insurance

Raiffeisen Bank Posts Halved 1Q Profit In Romania, At EUR16M

Raiffeisen Bank International posted a profit after tax of EUR16 million in Romania in the first quarter, down 56% from EUR37 million in the same period a year ago, mainly because of lowered...

Andrei Cîrchelan · 26.05.2011 · 12:38 · 1 min
Banks-Insurance

EFG Eurobank Posts EUR1.1M Loss In Romania In 1Q

Greek group EFG Eurobank on Wednesday reported a first quarter loss of EUR1.1 million in Romania, compared to EUR2.1 million profit in the same interval last year.

Andrei Cîrchelan · 25.05.2011 · 20:01 · 1 min
Banks-Insurance

Alpha Bank Switches To 1Q EUR5.7M Loss In Romania

Greece’s Alpha Bank Tuesday said it has switched to pretax losses of EUR5.7 million in the first quarter, from pretax profit of EUR8.1 million in the year-earlier period, due to higher provi...

Florentina Dragu · 24.05.2011 · 19:32 · 1 min
Retail&Consumer

Unirea Shopping Center 1Q Net Profit Halves To RON3M

Romania’s Unirea Shopping Center (SCDM.RO) Tuesday said its net profit more than halved to 3 million lei (EUR0.7 million) in the first quarter, on lower sales.

Florentina Dragu · 24.05.2011 · 18:30 · 1 min
Banks-Insurance

Omniasig 1Q Underwritten Premiums Down 6%, To RON221.1M

Omniasig’s underwritten premiums decreased by 6% in the first quarter of 2011, to 221.1 million lei (EUR53.8 million), the insurer said in a press release Friday.

Radu Bostan · 20.05.2011 · 15:08 · 1 min
OTP Bank Romania Returns To Profit
Banks-Insurance

OTP Bank Romania Returns To Profit

OTP Bank Romania, the domestic subsidiary of Hungary's biggest financial group, managed to return to profit with some EUR0.5 million result in the first quarter of 2011, after having piled u...

ZF English · 19.05.2011 · 17:35 · 1 min
Companies

Electrocarbon's 1Q Net Profit Up 69% To RON2.7M

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) Tuesday said its net profit rose nearly 69% on the year to 2.7 million lei (roughly EUR657,000) in the first quarter, on...

Florentina Dragu · 17.05.2011 · 17:53 · 1 min