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Capital Market

Santierul Naval Orsova 1Q Sales Down 15.4%, To RON13.16M

Shipyard Santierul Naval Orsova (SNO.RO) posted sales of 13.16 million lei (EUR3.26 million) in the first quarter of the year, down 15.4% from RON15.56 million in the same interval of 2010,...

Andrei Cîrchelan · 09.05.2011 · 19:58 · 1 min
Automotive

Compa Sibiu Net Profit Quadruples To RON8.8M In First Quarter

Romanian car parts maker Compa Sibiu (CMP.RO) Monday reported a net profit of 8.8 million lei (EUR2.14 million) for the first quarter, four times higher than RON1.84 million in the same inte...

Andrei Cîrchelan · 09.05.2011 · 19:26 · 1 min
Energy

Armax Gaz 1Q Pretax Profit Falls To RON1.5M

Romanian oil and gas equipment maker Armax Gaz Medias (ARAX.RO) Monday reported a pretax profit of 1.5 million lei (EUR366,000) in January to March, 38.6% less than RON2.5 million in the sam...

Andrei Cîrchelan · 09.05.2011 · 18:15 · 1 min
Energy

Transelectrica 1Q Net Profit Triples To RON161M

Romanian state-owned power grid operator Transelectrica (TEL.RO) Monday reported a net profit of 160.8 million lei (EUR39 million) for the first quarter of the year, more than triple the res...

Andrei Cîrchelan · 09.05.2011 · 18:10 · 1 min
Energy

Romgaz 1Q Net Profit Rises 46.7% On Year To RON299M

Romanian natural gas producer Romgaz Medias on Monday said its first quarter net profit rose 46.7% on the year to 298.7 million lei (EUR72.8 million), despite a 9% drop in sales.

Florentina Dragu · 09.05.2011 · 16:12 · 1 min
Banks-Insurance

Emporiki Bank Romania 1Q Revenue Rise 30% To EUR3.7M

Emporiki Bank Romania posted a 30% increase in revenues to EUR3.76 million in the first quarter, from EUR2.9 million in the same period a year earlier, the mother company, Emporiki Bank of G...

Florentina Dragu · 06.05.2011 · 20:07 · 1 min
Automotive

Remar Pascani 1Q Net Profit Slumps To RON148,500

Romanian rolling stock repair company Remar Pascani (RMAR.RO) Friday reported a net profit of 148,500 lei (EUR36,036) in the first quarter, substantially lower from RON6.3 million in the sam...

Florentina Dragu · 06.05.2011 · 20:05 · 1 min
Capital Market

SIF Banat-Crisana 1Q Net Profit Down To RON0.3M

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday reported a first-quarter net profit of 302,000 lei (some EUR74,000), much less than RON4.6 million in the same interval o...

Andrei Cîrchelan · 06.05.2011 · 12:37 · 1 min
Technology &Telecoms

Cosmote Romania 1Q Revenue At EUR107.3M, Down 6.5% On Year

Revenues of mobile operator Cosmote on the Romanian market declined 6.5% in the first quarter, to EUR107.3 million, mainly due to the adverse economic conditions combined with very aggressiv...

Gavrila Oana · 06.05.2011 · 11:56 · 1 min