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ALD Automotive Ends 2015 With EUR30.5M Turnover
Automotive

ALD Automotive Ends 2015 With EUR30.5M Turnover

ALD Automotive, the operating leasing division of BRD group, reported a turnover of EUR30.5 million in 2015 (calculated under the international accounting standards), fueled by an increase i...

Ecaterina Craciun · 15.03.2016 · 18:25 · 1 min
Sales Of AFI Palace Cotroceni Retailers Up 8% On Year In 2015
Retail&Consumer

Sales Of AFI Palace Cotroceni Retailers Up 8% On Year In 2015

Shopping mall AFI Palace Cotroceni in Bucharest, the most important asset of AFI Europe Romania, had a net operating income of nearly EUR31 million in 2015, up 3% on the year, while retailer...

Ecaterina Craciun · 14.03.2016 · 14:54 · 1 min
OTE: Telekom Results To Improve At The End Of 2016
Technology &Telecoms

OTE: Telekom Results To Improve At The End Of 2016

The agreements with Orange will help boost revenue of Telekom Romania towards the end of the year, the management of the OTE group told investors and analysts in a conference call.

Loredana Frățilă-Cristescu · 08.03.2016 · 09:36 · 1 min
OTP Bank Romania Profit Nearly Doubled In 2015, To EUR4.8M
Banks-Insurance

OTP Bank Romania Profit Nearly Doubled In 2015, To EUR4.8M

OTP Bank Romania, part of Hungarian group OTP, posted a profit after tax of HUF1.5 billion (EUR4.8 million) in 2015, nearly double than HUF765 million in 2014, in the context in which its fi...

Ecaterina Craciun · 04.03.2016 · 16:55 · 1 min
LC Waikiki Targets 50% Higher Turnover, Inauguration Of Six New Stores In Romania In 2016
Retail&Consumer

LC Waikiki Targets 50% Higher Turnover, Inauguration Of Six New Stores In Romania In 2016

Turkish fashion retailer LC Waikiki on Thursday said it targets for 2016 a 50% increase in turnover and the expansion of its Romanian network by six new units, to reach a total 22 stores.

Ecaterina Craciun · 03.03.2016 · 15:09 · 1 min
Allianz-Tiriac Asigurari Underwrote RON1.06B Gross Premiums In 2015, Up 7.2% On Year
Banks-Insurance

Allianz-Tiriac Asigurari Underwrote RON1.06B Gross Premiums In 2015, Up 7.2% On Year

Insurance company Allianz-Tiriac Asigurari on Wednesday said it underwrote gross premiums of RON1.06 billion in 2015, up 7.2% on the year, due to a 7.5% increase on the general insurance seg...

Ecaterina Craciun · 02.03.2016 · 16:33 · 1 min
Banks-Insurance

ING Bank Gross Profit Up 22% To RON392M In 2015

Romanian lender ING Bank posted a gross profit of RON392 million in 2015, up 22% on the year, while its revenues increased 13% to RON1.02 billion, the lender said Wednesday.

Gabriela Stan · 02.03.2016 · 11:28 · 1 min
Flanco Profit Up 3.8-Fold To RON8M In 2015
Retail&Consumer

Flanco Profit Up 3.8-Fold To RON8M In 2015

Electronics retailer Flanco reported a net profit of RON8 million in 2015, up 3.8-fold on the year, and record sales, of RON777 million (approximately EUR175 million), general manager Dragos...

Gabriela Stan · 02.03.2016 · 11:06 · 1 min
Farmec Cluj-Napoca Turnover Up 13% To RON172.5M In 2015
Retail&Consumer

Farmec Cluj-Napoca Turnover Up 13% To RON172.5M In 2015

Romanian cosmetics producer Farmec Cluj-Napoca reported a turnover of RON172.5 million (EUR38.8 million) in 2015, up 13% on the year, and the company plans to expand its stores network this...

Gabriela Stan · 01.03.2016 · 13:51 · 1 min