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Cemacon Switches To Profit In 1Q/2015
Romanian brick maker Cemacon Cluj (CEON.RO) switched to profit in the first quarter of 2015, posting a positive result of RON8.1 million (EUR1.8 million), from a loss of RON1.5 million in th...
Romgaz Net Profit Falls In First Quarter
Romania’s largest natural gas producer Romgaz (SNG.RO) Tuesday reported a first-quarter net profit of 563 million lei (EUR126.8 million), 7.5% lower than in the year-earlier period.
IAR Ghimbav 1Q Sales Up Tenfold To RON35.6M
Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) reported a turnover of RON35.6 million in January-March, tenfold higher from RON3.4 million in the correspond...
Enel’s Profit In Romania Down 1.5% To EUR64M In 1Q/2015
Italian utility group Enel on Friday said it registered earnings before interest, tax, depreciation and amortization (EBITDA) of EUR64 million in Romania in the first quarter of 2015, down 1...
Banca Carpatica Switches To RON0.65M Profit In 1Q/2015
Banca Comerciala Carpatica (BCC) on Friday said it switched to profit in the first quarter of 2015, posting a positive of nearly RON0.65 million, from a loss of nearly RON1 million in the sa...
ING Bank Romania Posts 19% Higher Profit In First Quarter
ING Bank Romania reported a net profit of 82 million lei (EUR18.6 million) for the first quarter, up 19% on the year, the lender said in a statement Thursday.
Heineken Romania’s 2014 Turnover Fell 3% To RON1.08B, But Profit Grew
Heineken Romania on Thursday said it registered a 3% lower turnover of RON1.08 billion in 2014, due to lower beer consumption on the whole market, but saw a two-digit profitability.
Erste Group Bank 1Q Net Profit Rises to EUR225.8M
The net profit of Austria’s Erste Group Bank (EBS.RO) more than doubled in the first quarter against the same period of 2014, following an extensive balance sheet clean-up process implemente...
BCR Swings To Profit After Balance Sheet Clean-Up
Romania’s largest lender BCR, a unit of Austria’s Erste Group Bank (EBS.RO), switched to profit in the first quarter of 2015 after a record loss last year caused by huge provisions for non-p...