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Retail&Consumer

Boromir Prod's Net Profit Halves To RON1.9M In First Quarter

Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) Tuesday said its net profit halved to 1.9 million lei (EUR464,000) in the first quarter, despite a 22% increase in sales to R...

Florentina Dragu · 17.05.2011 · 17:52 · 1 min
Banks-Insurance

UNSAR Members’ Premiums Written Down 12.75% In 1Q, To RON1.7B

Insurers that make up the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) underwrote general and life insurance premiums of 1.7 billion lei (about EUR 414 million) i...

Ioana Tudor · 17.05.2011 · 15:08 · 1 min
Vienna Insurance Group Posts EUR5M Loss In Romania In 1Q
Banks-Insurance

Vienna Insurance Group Posts EUR5M Loss In Romania In 1Q

Vienna Insurance Group (VIG) reported a loss before taxes of EUR5 million in Romania in the first quarter, compared to a profit of EUR7.4 million in the same period a year ago, as gross unde...

Radu Bostan · 17.05.2011 · 14:33 · 1 min
Rombat Posts 10% Higher Net Profit In First Quarter, At RON7.2M
Automotive

Rombat Posts 10% Higher Net Profit In First Quarter, At RON7.2M

Romanian car batteries maker Rombat Bistrita on Tuesday reported a net profit of 7.2 million lei (EUR1.7 million) in the first quarter of the year, up 10% on the same interval of 2010.

Andrei Cîrchelan · 17.05.2011 · 13:55 · 1 min
Vodafone Romania Revenue Falls 9.3% In Fiscal Year ’10-’11, To EUR0.8B
Technology &Telecoms

Vodafone Romania Revenue Falls 9.3% In Fiscal Year ’10-’11, To EUR0.8B

Revenues of mobile operator Vodafone Romania decreased by 9.3% in the fiscal year ended March 31, to EUR835.6 million, and its earnings before interest, tax, depreciation and amortization (E...

Ioana Tudor · 17.05.2011 · 10:41 · 1 min
Capital Market

Carbochim Revenue Up 33% To RON8.4M In First Quarter

Romanian maker of abrasive products Carbochim (CBC.RO) posted revenue of 8.4 million lei (EUR2 million) in the first quarter, up 33% from RON6.3 million in the same period a year ago, the co...

Bogdan Neagu · 16.05.2011 · 18:27 · 1 min
Capital Market

VES 1Q Sales Improve, But Loss Widens

Romanian stoves and pots maker VES Sighisoara (VESY.RO) Monday said its sales rose 44% on the year in the first quarter, but the company's net loss widened in the analyzed period.

Bogdan Neagu · 16.05.2011 · 18:17 · 1 min
Capital Market

Cristescus' Foraj Sonde Net Profit Slides In First Quarter

Romanian oil and gas services company Foraj Sonde Craiova (FOSB.RO) Monday posted a net profit of 371,117 lei (about EUR90,000) in January to March, down from RON974,236 in the same period a...

Bogdan Neagu · 16.05.2011 · 18:04 · 1 min
Retail&Consumer

Farmec 1Q Revenue Up 15.6% To RON24.4M

Romanian cosmetics maker Farmec Cluj-Napoca on Monday reported revenue of 24.4 million lei (EUR5.9 million) in the first quarter, up 15.6% on the year, on increased sales of Gerovital produc...

Andrei Cîrchelan · 16.05.2011 · 16:31 · 1 min