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Allianz-Tiriac Asigurari 2014 Underwritings Up 6.2% To EUR222M
Romanian insurer Allianz-Tiriac Asigurari underwrote 6.2% higher premiums on the year in 2014, to EUR222 million, according to data provided by German group Allianz.
Auto Segment Drove Romania's Leasing Market Up 7% In 2014, To EUR1.32B
Romania's leasing market grew 7% last year, to EUR1.32 billion, driven by a 14% growth on the auto segment, to EUR1 billion, while equipment leasing declined 11%, to EUR282 million, ALB Roma...
ELCEN Turnover Up 19% To RON1.9B In 2014
State-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) reported a preliminary turnover of RON1.9 billion (EUR428 million) in 2014, up 19% from RON1.6 billion a ye...
OMV Petrom Posts Loss In 4Q; FY Net Profit Falls 56%
Romania’s largest company OMV Petrom (SNP.RO) turned to losses in the fourth quarter of 2014, due to the lower oil prices and the negative contribution of its power business.
Romgaz Net Profit Up 44% To RON1.4B In 2014
Romania’s state-run natural gas producer Romgaz (SNG.RO) Thursday reported a 44% growth in its 2014 net profit to 1.43 billion lei (EUR322 million), fueled by higher delivered quantities and...
Rompetrol Rafinare Sales Rise, Loss Narrows In 2014
Romanian oil refining company Rompetrol Rafinare (RRC.RO) Monday reported a net loss of $58.44 million for 2014, compared with $95.6 million in the previous year.
Transelectrica Net Profit Rose 85% In 2014
Romanian state-owned power grid operator Transelectrica (TEL.RO) reported an 85% higher net profit for 2014, following a significant rise in revenue, the company’s preliminary financial repo...
Ropharma 2014 Sales Up 2% To RON418.2M
Pharmaceutical company Ropharma Brasov (RPH.RO) reported sales worth 418.2 million lei (EUR94.2 million) in 2014, up 2% from RON411.2 million a year earlier, the company said Monday.
TMK-Artrom Profit Up Fourfold To RON41.6M In 2014
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, reported a net profit of 41.6 million lei (EUR9.3 million) in 2014, up fourfold from RON11.8 million a year...