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Retail&Consumer

AFI Europe 2014 Net Operating Income Up 20% At EUR37M

AFI Europe registered net operating income of EUR37 million in 2014, up 20% on the year, from the renting of AFI Palace Cotroceni and Ploiesti shopping malls and the first two office buildin...

Gabriela Stan · 10.03.2015 · 17:42 · 1 min
BRD Sogelease Granted Financing Of EUR95M In 2014, Up 25% On Year
Banks-Insurance

BRD Sogelease Granted Financing Of EUR95M In 2014, Up 25% On Year

BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, said Tuesday it granted financing of EUR95 million in 2014, up 25% on the year, backed by the auto seg...

Ecaterina Craciun · 10.03.2015 · 14:09 · 1 min
SoftOne Romania And Its Partners Report Sales Of EUR1.5M In 2014, Due To Doubling Client Base
Technology &Telecoms

SoftOne Romania And Its Partners Report Sales Of EUR1.5M In 2014, Due To Doubling Client Base

Business software solution provider SoftOne Romania and its partners registered sales of EUR1.5 million in 2014, the first operating year on the local market, due to doubling the number of c...

Ecaterina Craciun · 05.03.2015 · 14:41 · 1 min
Danubius Hotels Eyes 30% Higher Turnover In 2015
Companies

Danubius Hotels Eyes 30% Higher Turnover In 2015

Danubius Hotels, part of Hungarian group Danubius Hotels, reported a turnover of RON30.5 million in 2014 and estimates a 30% turnover increase this year, following the investments completed...

Gabriela Stan · 04.03.2015 · 17:32 · 1 min
ING Bank Profit Up 19% To RON340M In 2014
Banks-Insurance

ING Bank Profit Up 19% To RON340M In 2014

ING Bank Romania Wednesday said its gross profit rose 19% on the year in 2014, to 340 million lei (EUR76.4 million), from RON287 million a year earlier, while provision costs fell 40% to RON...

Gabriela Stan · 04.03.2015 · 12:21 · 1 min
Denis Sales Up 16% To EUR10.5M In 2014
Retail&Consumer

Denis Sales Up 16% To EUR10.5M In 2014

Romanian footwear producer and retailer Denis, based in Suceava, reported a turnover of EUR10.5 million in 2014, up 16% from EUR9 million a year before, and targets EUR15 million sales this...

Gabriela Stan · 02.03.2015 · 12:16 · 1 min
Farmec Turnover Up Over 10% To RON152M In 2014
Retail&Consumer

Farmec Turnover Up Over 10% To RON152M In 2014

Romanian cosmetics producer Farmec Cluj-Napoca reported a turnover of 152 million lei (EUR34 million) in 2014, up over 10% from RON138 million a year before, the companys aid Monday.

Gabriela Stan · 02.03.2015 · 11:47 · 1 min
Erste Group 2014 Net Loss At EUR1.4B
Banks-Insurance

Erste Group 2014 Net Loss At EUR1.4B

Austria’s Erste Group Bank (EBS.RO), the owner of the largest Romanian bank, BCR, Friday reported a net loss of 1.44 billion euros for 2014, due to write-downs and charges in some of its lar...

Bogdan Neagu · 27.02.2015 · 11:45 · 1 min
Banks-Insurance

BCR Posts RON2.8B Loss in 2014, After Risk Provisions Increase

Romania’s largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), went back into red last year after it took a significant charge for non-performing loans.

Bogdan Neagu · 27.02.2015 · 10:58 · 1 min