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KMG International: We Should See Refinery Profitability Improve
The cheaper crude oil will lead to better operating figures for Petromidia refinery, Romania’s biggest oil processing unit, says Catalin Dumitru, vice-president of KMG International, the for...
CFR Marfa Revenue Seen At RON877.1M In 2015
Romanian state-owned railway freight carrier CFR Marfa targets revenue worth 877.1 million lei (EUR197.1 million) in 2015, down 21.5% from the level forecasted for 2014, and a gross profit o...
Electrolux 2014 Sales In Romania Dropped To Lowest In Last 13 Years
Swedish home appliances manufacturer Electrolux on Wednesday said its sales in Romania fell 5.7% to SEK299 million (EUR32.2 million) in 2014, its worst year on the local market since 2001, t...
Datanet Systems 2014 Turnover Up 3.4%, To $23.7M
Datanet Systems on Wednesday said it registered a turnover of $23.7 million in 2014, up 3.4% on the year, due to an increase in the number of data and telephony infrastructure projects and t...
VIG Posts 4.9% Lower Gross Underwritten Premiums In Romania In 2014, To EUR355.5M
Austria’s Vienna Insurance Group (VIG) registered gross underwritten premiums of EUR355.5 million in Romania in 2014, down 4.9% from EUR373.9 million in 2013, mainly due to decline in the li...
Oltchim 2014 Turnover Up 25% To EUR141.2M
Romanian insolvent chemical company Oltchim SA (OLT.RO) registered a 25% higher turnover in 2014, of EUR141.19 million, largely due to higher exports and lower crude oil prices.
Euroins Romania Underwritings Down 6.2% In 2014, To EUR107.9M
Insurer Euroins Romania underwrote premiums of EUR107.95 million in 2014, down 6.2% on the year, according to data released Friday by Bulgarian group Eurohold, which owns the Romanian insure...
LeasePlan Romania 2014 Turnover Up 3% To EUR42.2M
Car leasing company LeasePlan Romania on Tuesday said its turnover increased by 3% on the year in 2014, to EUR42.2 million, and its portfolio rose 15%.
BMF Grup 2014 Turnover Seen Up 40% At EUR3.8M
BMF Grup, provider of facility and property management services to companies such as Inditex, H&M, NEPI or Immochan, estimates a 40% higher turnover for 2014, at EUR3.78 million.