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Capital Market

Teraplast Expects Net Profit To Rise At RON15.4M In 2011

Romanian plastic systems maker Teraplast (TRP.RO) expects a net profit of 15.4 million lei (EUR3.8 million) this year, up from RON6.4 million in 2010, following a 15% rise in revenue, the co...

Andrei Cîrchelan · 02.05.2011 · 12:10 · 1 min
Banks-Insurance

Banca Transilvania 1Q Net Profit Doubles To RON32M

Romanian lender Banca Transilvania (TLV.RO) Friday said its first quarter net profit nearly doubled on the year to 31.76 million lei (EUR7.8 million), on lower provisions and higher income f...

Florentina Dragu · 29.04.2011 · 16:00 · 1 min
Retail&Consumer

DIY Chain Praktiker's 1Q Sales In Romania Fall 30% To EUR25.8M

German DIY retailer Praktiker on Friday reported a 29.5% drop in first quarter sales in Romania, to EUR25.8 million, citing difficult macroeconomic conditions.

Andrei Cîrchelan · 29.04.2011 · 14:38 · 1 min
Automotive

Kromberg & Schubert Romania Sales Rise 27% In 2010, To RON617M

The Romanian unit of German car parts supplier Kromberg & Schubert posted sales of 617 million lei (EUR151.3 million) in 2010, up 27% on the year, according to Marius Petrica, the company's...

Andrei Cîrchelan · 28.04.2011 · 16:58 · 1 min
Banks-Insurance

Millennium Bank Romania 1Q Loss Narrows To EUR6.4M

Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, Thursday reported a loss of EUR6.4 million in the first quarter, narrower from EUR7.4 million in the year-ea...

Florentina Dragu · 28.04.2011 · 16:39 · 1 min
Energy

Vimetco Reports $57.4M Net Profit In 2010 From Romanian Operations

Dutch group Vimetco, owner of Romanian smelter Alro Slatina (ALR.RO), posted a net profit of $57.4 million in Romania last year, up 19.5% from $48 million in 2009, according to financial res...

Andrei Cîrchelan · 28.04.2011 · 13:26 · 1 min
Banks-Insurance

Erste Group's 1Q Net Profit +2.1% On Year To EUR260.6M

Austria's Erste Group Bank AG (EBS.RO) Thursday said its net profit rose 2.1% on the year to EUR260.6 million in the first quarter, on lower risk costs, despite negative impact from banking...

Florentina Dragu · 28.04.2011 · 10:09 · 2 min
Banks-Insurance

BCR 1Q Net Profit Falls 68.7% To RON76.1M

Romanian leading bank group Banca Comerciala Romana (BCR) Thursday reported a 68.7% drop in its net profit after minorities and taxes to 76.1 million lei (EUR18.6 million) in the first quart...

Florentina Dragu · 28.04.2011 · 10:02 · 2 min
Capital Market

Albalact 2010 Sales Rise 14.6% On Year, To RON261.2M

Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) posted sales of 261.2 million lei (EUR64 million) last year, up 15.6% from RON225.9 million in 2009, the company said in a news release Wed...

Andrei Cîrchelan · 27.04.2011 · 17:07 · 1 min