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GTC’s Three Shopping Malls In Romania Generate 7% Higher Rental Income In First 9 Months
Real Estate

GTC’s Three Shopping Malls In Romania Generate 7% Higher Rental Income In First 9 Months

Real estate developer GTC reported revenue of EUR2.8 million from renting its three shopping centers in Romania, up 7% on the year, due to a slight increase in the average rent and its decis...

Ecaterina Craciun · 18.11.2014 · 13:20 · 1 min
VIG Posts EUR2.6M PBT In Romania In January-September
Banks-Insurance

VIG Posts EUR2.6M PBT In Romania In January-September

Vienna Insurance Group (VIG) registered profit before tax of EUR2.6 million in Romania in January-September, versus a loss of EUR36.1 million in the same period in 2013, the company said in...

Ecaterina Craciun · 18.11.2014 · 11:14 · 1 min
Nuclearelectrica 9-Month Net Profit Falls 68%
Energy

Nuclearelectrica 9-Month Net Profit Falls 68%

Romanian nuclear power producer Nuclearelectrica (SNN.RO) has seen its net profit fall 68% in the first nine months of the year due to lower energy prices and the tax on special construction...

Bogdan Neagu · 14.11.2014 · 20:45 · 1 min
Antibiotice Sales Revenue Flat In First 9 Months, At RON217M
Health

Antibiotice Sales Revenue Flat In First 9 Months, At RON217M

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) on Friday said its sales revenues were flat on the year at 217.2 million lei (EUR48.8 million) in January-September 2014.

Ecaterina Craciun · 14.11.2014 · 20:07 · 1 min
Transelectrica Net Profit More Than Doubles In Jan-Sept To RON303M
Energy

Transelectrica Net Profit More Than Doubles In Jan-Sept To RON303M

Romania’s state-run power grid operator Transelectrica (TEL.RO) Friday reported a net profit of 303 million lei (EUR68.5 million) for the first nine months, a marked improvement from RON132...

Bogdan Neagu · 14.11.2014 · 19:04 · 1 min
Prospectiuni Switches To Loss Of RON37M In January-September
Energy

Prospectiuni Switches To Loss Of RON37M In January-September

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) on Friday said it switched to loss in January-September 2014, posting a negative result of 37 million lei (EUR8.3 million), f...

Ecaterina Craciun · 14.11.2014 · 18:39 · 1 min
Alro Posts RON216M Net Loss In First 9 Months
Energy

Alro Posts RON216M Net Loss In First 9 Months

Romanian aluminum smelter Alro Slatina (ALR.RO), a subsidiary of Dutch-registered holding Vimetco, turned to losses in the first nine months, on lower international prices and energy costs,...

Bogdan Neagu · 14.11.2014 · 15:14 · 2 min
Ropharma Profit Up 21% To RON5.3M In January-September
Capital Market

Ropharma Profit Up 21% To RON5.3M In January-September

Pharmaceutical company Ropharma Brasov (RPH.RO) reported sales worth 306 million lei (EUR69.2 million) in the first nine months of the year, similar with the year-earlier period, while its p...

Gabriela Stan · 14.11.2014 · 13:30 · 1 min
Oil Terminal Switches To Profit In January-September
Capital Market

Oil Terminal Switches To Profit In January-September

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) switched to a net profit of RON117,000 in January-September, from RON6.4 million loss in the same period a year earlier, the comp...

Gabriela Stan · 14.11.2014 · 12:44 · 1 min