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AdePlast Sales Up 13% To RON346M In 2016
Romanian building materials producer AdePlast, owned by businessman Marcel Barbut, reported a 13% sales increase last year, to RON346 million, the company said in a statement Wednesday.
Bancpost Posts RON31.4M Profit In January-September
Bancpost, the Romanian division of Greek group Eurobank, posted a net profit of RON31.4 million in the first nine months of the year, while its total assets rose 5.7% compared with the same...
Immofinanz Rental Income In Romania Up 2.9% To EUR22.9M In FY 2016
Austrian-held real estate developer Immofinanz reported rental income of EUR22.9 million in Romania in the first half of financial year 2016, up 2.9% on the year, accounting for 14.9% of the...
Furniture Store Chain Lem’s Posted 14% Higher Turnover In January- September 2016
Romanian furniture store chain LEM'S, operated by furniture producer Lemet Campina, on Thursday said it reached a turnover of RON214.3 million in the first nine months of 2016, up 14% from t...
KMG International Posts 6% Higher Operational Result In January-September 2016
KMG International group reported an operational result (EBITDA) of $145 million in January-September 2016, over 6% compared to the level reached in the same period in 2015, on the background...
VIG Posts Profit, Premium Growth In January-September
The gross profit of the companies held in Romania by Austrian group Vienna Insurance Group (VIG) rose by over 16% in January-September, while the underwritten premiums increased by over 30%,...
Vrancart Adjud Profit Up 30% To RON16.7M In January-September
Vrancart Adjud (VNC.RO), a major paper and cardboard maker in Romania, reported a net profit of RON16.7 million in the first nine months of 2016, up 30% versus year-earlier period.
Raiffeisen 9-Mo Profit In Romania Falls 25% To EUR64M
Austrian group Raiffeisen reported a net profit of EUR64 million in Romania in the first nine months, down 25% compared with the year-earlier period, the bank said in a statement Wednesday.
Romanian Electrica 9-Mo Profit Up 9% To RON466M
Romanian electricity distribution and supply company Electrica (EL.RO) reported a net profit of RON466 million for the first nine months of the year, 9% higher than in the same period a year...