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Electrica 1Q Net Profit Rises 32%
Romanian power supply and distribution company Electrica (EL.RO) Friday reported a 32% higher profit for the first quarter, following an increase in delivered electricity quantities.
Alro Returns To Profit In First Quarter
Romanian aluminum smelter Alro switched to profit in the first quarter of 2015, as the company’s sales were boosted by increased production and higher metal prices on international markets.
Rompetrol Rafinare 1Q Revenue Falls 33%; Loss Narrows
Rompetrol Rafinare, the largest Romanian unit of Kazakhstan’s KazMunayGas, Thursday reported a strong decline in revenue but an even more important improvement of its net result.
Rompetrol Well Services 1Q Profit Falls 92%
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group KMG International, reported a net profit of RON258,000 in the first quarter, 92% lower from RON3.2 million in t...
Nuclearelectrica Posts 11% Higher Profit In First Quarter
Romanian nuclear power producer Nuclearelectrica (SNN.RO) Thursday reported an 11% increase in its net profit for the first quarter, despite a slight decline in production.
SABMiller Sales In Romania Fell 2% In Fiscal Year Ended March 31
SABMiller sales in Romania fell 2% in the fiscal year ended March 31, 2015, less than the overall market, the group said in a report Wednesday.
Transgaz Reports 12% Lower Profit In First Quarter
Romania’s natural gas transmission company Transgaz (TGN.RO) Wednesday reported a 12% decline in its profits for the first quarter, following a decrease in transported gas quantities.
Gefco Romania 2014 Turnover Up 10% To EUR52M
Transport and logistics company GEFCO Romania, the local division of Gefco group, on Tuesday said it registered a turnover of EUR52 million in 2014, up 10% on the year, and targets a similar...
Allianz Underwrote EUR61M Gross Premiums On General Insurance In Romania In 1Q/2015
German insurance group Allianz on Tuesday said it underwrote gross premiums on the general insurance segment of EUR61 million in Romania, in the first quarter of 2015, up 5.2% from EUR58 mil...