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First Home 2014: 25,000 State Guarantees On Mortgage Loans Of EUR900M
Real Estate

First Home 2014: 25,000 State Guarantees On Mortgage Loans Of EUR900M

Romanians benefited this year of around 25,000 state guarantees on mortgage loans under the First Home program and received total loans of EUR900 million.

Oana Gavrila · 18.12.2014 · 11:02 · 1 min
Blue Air 2015 Turnover Seen Up 6% To EUR160M
Companies

Blue Air 2015 Turnover Seen Up 6% To EUR160M

Romanian low-cost airliner Blue Air expects a turnover of EUR160 million in 2015, 6% higher from EUR150 million estimated for this year, and estimates it will carry 1.6 million passengers in...

Gabriela Stan · 10.12.2014 · 15:46 · 1 min
Elis Pavaje 2014 Turnover Seen Up 5% At EUR24M
Real Estate

Elis Pavaje 2014 Turnover Seen Up 5% At EUR24M

Construction materials producer Elis Pavaje expects a turnover of EUR24 million in 2014, up 5% on the year, mainly supported by sales in the residential sector, and by big commercial and inf...

Gabriela Stan · 05.12.2014 · 10:55 · 1 min
PayPoint Romania Fiscal 1H Revenue Up 14% To GBP15.5M
Banks-Insurance

PayPoint Romania Fiscal 1H Revenue Up 14% To GBP15.5M

British specialist payments company PayPoint reported a 14.1% increase in revenue at its Romanian unit to GBP15.48 million in the first fiscal semester ended September 30, mainly due to an i...

Gabriela Stan · 27.11.2014 · 14:12 · 1 min
Piraeus Bank Romania Gross Profit Up 88% To EUR6.8M In January-September
Banks-Insurance

Piraeus Bank Romania Gross Profit Up 88% To EUR6.8M In January-September

Piraeus Bank Romania on Tuesday said its gross profit soared 88% to EUR6.8 million in the first nine months, from EUR3.6 million a year ago.

Gabriela Stan · 25.11.2014 · 19:27 · 1 min
Aerostar Bacau Expects 33% Higher Gains In 2015
Companies

Aerostar Bacau Expects 33% Higher Gains In 2015

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) takes into account a 33% increase in net profit next year, to 20 million lei, after the solid figures it posted in the...

Catalina Apostoiu · 21.11.2014 · 00:00 · 1 min
Banks-Insurance

Raiffeisen Bank International 9-Month After-Tax Profit In Romania Flat At EUR81M

Raiffeisen Bank International (RBI) posted an after tax profit of EUR81 million in Romania in the first nine months, similar with the same period of 2013, as the effect of higher taxes on co...

Gabriela Stan · 20.11.2014 · 12:11 · 1 min
AFI Europe Posts EUR27M Net Operating Income In January-September
Real Estate

AFI Europe Posts EUR27M Net Operating Income In January-September

AFI Palace Cotroceni and Ploiesti shopping malls and the first two office buildings in AFI Park in Bucharest generated net operating income of over EUR27 million in the first nine months of...

Gabriela Stan · 19.11.2014 · 12:03 · 2 min
Cupru Min 9-Month Gross Profit At RON8.1M, Up 13% From Full-Year Estimates
Capital Market

Cupru Min 9-Month Gross Profit At RON8.1M, Up 13% From Full-Year Estimates

Romanian state-run copper producer Cuprumin Abrud reported a gross profit of RON8.13 million in January-September, up 13% from RON7.2 million estimated for the entire year, due to higher pro...

Gabriela Stan · 18.11.2014 · 16:33 · 1 min