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Altex Sales Rose 7% In 2010 To EUR195M
Retail&Consumer

Altex Sales Rose 7% In 2010 To EUR195M

Romanian household appliances and electronics retailer Altex posted sales of EUR195 million in 2010, up 7% on the year, the company's owner and president Dan Ostahie said Wednesday.

Andrei Cîrchelan · 11.05.2011 · 14:26 · 1 min
Real Estate

Cocor Bucuresti 1Q Net Profit Triples To RON1.5M

Romanian shopping center operator Cocor (COCR.RO) on Wednesday reported a net profit of 1.5 million lei (EUR335,000) for the first quarter, three times more than the result posted in the sam...

Andrei Cîrchelan · 11.05.2011 · 13:11 · 1 min
OMV Petrom Net Profit Rises 4% To RON841M In 1Q
Energy

OMV Petrom Net Profit Rises 4% To RON841M In 1Q

Romania's largest oil company OMV Petrom (SNP.RO) Wednesday reported a net profit of 841 million lei (EUR199 million) in the first quarter, up 4% on the year, fueled by a 27% increase in sal...

Andrei Cîrchelan · 11.05.2011 · 10:14 · 1 min
Health

Ranbaxy 1Q Sales In Romania Up 12.5% YY, To $27M

Indian pharmaceutical group Ranbaxy posted a 12.5% increase in its first-quarter sales in Romania, to $27 million from $24 million, according to the company's quarterly financial report rele...

Andrei Cîrchelan · 10.05.2011 · 17:55 · 1 min
Energy

CEZ Posts EUR24.7M First Quarter EBITDA In Romania

Czech utilities group CEZ posted first-quarter earnings before interest, taxes, depreciation and amortization (EBITDA) worth CZK600 million (EUR24.7 million) in Romania from production, trad...

Andrei Cîrchelan · 10.05.2011 · 16:57 · 1 min
Banks-Insurance

Astra Reports 1.5% Hike In 1Q Subscribed Premiums, To RON334.74M

Romanian insurer Astra posted revenue from subscribed premiums of 334.74 million lei (about EUR82 million) in the first quarter of the year, up 1.5% compared to the same interval in 2010, wh...

Ioana Tudor · 10.05.2011 · 16:05 · 1 min
Capital Market

Vae Apcarom Net Profit Rises To RON0.97M In First Quarter

Romanian rolling stock maker Vae Apcarom Buzau (APC.RO) posted a net profit of 969,000 lei (EUR236000) in the first quarter, from RON216,000 in the same interval last year, according to fina...

Andrei Cîrchelan · 10.05.2011 · 12:03 · 1 min
Retail&Consumer

Harsh Economic Conditions Daunt Coca-Cola Hellenic's Romanian Sales In 1Q

Coca-Cola Hellenic sale volumes dropped "by low double-digits" in Romania in the first quarter compared with the year-earlier period, because of difficult economic conditions, high unemploym...

Andrei Cîrchelan · 10.05.2011 · 12:01 · 1 min
Energy

Romgaz Reports Around 50% Higher Profit Amid Lower Sales

Romgaz Mediaș, the only natural gas producer controlled by the Romanian state, posted a net profit of over EUR70 million in the first three months of the year, a significant rise against the...

ZF English · 10.05.2011 · 07:58 · 1 min