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KMG International Posted Net Profit Of $11.4M In January-September 2015
Energy

KMG International Posted Net Profit Of $11.4M In January-September 2015

KMG International group (the former Rompetrol Grup) registered a net profit of $11.4 million in January-September 2015, from a loss of $30 million in the same period a year ago, despite lowe...

Ecaterina Craciun · 21.10.2015 · 12:46 · 2 min
Ponderas Hospital Eyes EUR16M Revenue In 2015
Companies

Ponderas Hospital Eyes EUR16M Revenue In 2015

Private hospital Ponderas in Bucharest, specializing in weight loss surgery, estimates higher revenues this year, at EUR16 million, as it reported a turnover of EUR12 million in January-Sept...

Gabriela Stan · 30.09.2015 · 11:52 · 1 min
Companies

SIF Banat-Crisana, SIF Muntenia Posted Mixed Results In August

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) posted a net profit of 3.8 million lei in August, while SIF Muntenia (SIF4.RO) reported RON26 million loss amid the plunge of th...

ZF English · 15.09.2015 · 14:00 · 1 min
Bancpost Posted RON34.6M Profit In 1H Due To 18% Fall In Operating Expenses
Banks-Insurance

Bancpost Posted RON34.6M Profit In 1H Due To 18% Fall In Operating Expenses

Bancpost, held by Greek group Eurobank, posted a net profit of RON34.6 million in the first half of 2015, due to an 18% decrease in operating expenses and a 1% increase in operating revenue.

Ecaterina Craciun · 07.09.2015 · 13:07 · 1 min
Kosarom Expects At Least EUR50M Revenue In 2015
Companies

Kosarom Expects At Least EUR50M Revenue In 2015

Meat producer Kosarom based in Pascani (NE Romania) and held by the Apostol family expects EUR50 million to EUR55 million revenue this year, following a 12% to 15% increase in the first half...

Loredana Frățilă-Cristescu · 04.09.2015 · 08:54 · 1 min
Posta Romana Posts RON18.3M Net Profit In January-July
Companies

Posta Romana Posts RON18.3M Net Profit In January-July

Romanian state-owned postal company Posta Romana reported a net profit of RON18.3 million (EUR4.13 million) in the first seven months of the year, while its revenues stood at RON655 million...

Gabriela Stan · 26.08.2015 · 15:23 · 1 min
VIG Underwrote Gross Premiums Of EUR194.2M In Romania 1H, Up 17.6%
Banks-Insurance

VIG Underwrote Gross Premiums Of EUR194.2M In Romania 1H, Up 17.6%

Austria’s Vienna Insurance Group (VIG) registered underwritten gross premiums of EUR194.2 million in Romania in the first half of 2015, up 17.6% from EUR137.7 million in the year-earlier per...

Ecaterina Craciun · 25.08.2015 · 11:33 · 1 min
CertAsig 1H Underwritings Up 20% To EUR7M
Banks-Insurance

CertAsig 1H Underwritings Up 20% To EUR7M

Romanian insurer CertAsig on Monday said it underwrote gross premiums of EUR7 million in the first half of 2015, up 20% from EUR5.8 million in the same period last year, of which a third tar...

Ecaterina Craciun · 24.08.2015 · 14:04 · 1 min
Posta Romana 2015 Profit Seen Down 95.7% To RON1.6M
Companies

Posta Romana 2015 Profit Seen Down 95.7% To RON1.6M

Romanian state-owned postal company Posta Romana expects a gross profit of RON1.6 million in 2015, down 95.7% compared with last year’s profit, given that it will register only RON1 profit f...

Gabriela Stan · 24.08.2015 · 12:42 · 1 min