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Compa Revenue Down 7% In January-September, But Profit Slightly Up
Automotive

Compa Revenue Down 7% In January-September, But Profit Slightly Up

Romanian car parts manufacturer Compa Sibiu (CMP.RO) Wednesday said its revenue fell 7% to RON334.8 million in January-September 2014, from RON359.6 million in the year-earlier period, but i...

Ecaterina Craciun · 12.11.2014 · 15:27 · 1 min
Oltchim Turnover Up 21.3% To RON436M In January-September
Energy

Oltchim Turnover Up 21.3% To RON436M In January-September

Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Wednesday said its turnover rose 21.3% to 436 million lei (EUR98 million) in January-September 2014, from RON359.4 mil...

Ecaterina Craciun · 12.11.2014 · 12:42 · 1 min
UniCredit 9-Month Consolidated Profit In Romania Down 23% To EUR35M
Banks-Insurance

UniCredit 9-Month Consolidated Profit In Romania Down 23% To EUR35M

Italian banking group UniCredit reported consolidated profit of EUR35 million in Romania in January-September 2014, down 22.9% from EUR45 million in the year-earlier period, the group said i...

Ecaterina Craciun · 11.11.2014 · 19:37 · 1 min
Intesa Sanpaolo Posts EUR3M Net Profit In Romania In January-September
Banks-Insurance

Intesa Sanpaolo Posts EUR3M Net Profit In Romania In January-September

Italian lender Intesa Sanpaolo on Tuesday said it registered net profit of EUR3 million in Romania in January-September 2014, versus a loss of EUR3 million in the year-earlier period.

Ecaterina Craciun · 11.11.2014 · 18:13 · 1 min
Cemacon 9-Month Turnover Up Nearly 40% On Year, To RON51.7M
Capital Market

Cemacon 9-Month Turnover Up Nearly 40% On Year, To RON51.7M

Romanian brick maker Cemacon (CEON.RO) reported a 37% higher turnover to 51.7 million lei (EUR11.6 million) in January-September 2014, and a net profit of RON3.77 million (EUR847,600), the c...

Ecaterina Craciun · 10.11.2014 · 13:31 · 1 min
Eurobank, Owner Of Bancpost, Posts EUR92.5M Loss In Romania In January-September
Banks-Insurance

Eurobank, Owner Of Bancpost, Posts EUR92.5M Loss In Romania In January-September

Greek EFG Eurobank, the owner of Romanian lender Bancpost, set up provisions of EUR104 million for bad loans in Romania in the third quarter of 2014, and its loss reached EUR92.5 million in...

Ecaterina Craciun · 09.11.2014 · 16:59 · 2 min
Bucharest Bourse Profit Up 71% To RON9.3M In January-September
Capital Market

Bucharest Bourse Profit Up 71% To RON9.3M In January-September

The Bucharest Stock Exchange (BVB.RO) Thursday said its net profit rose 71% in January-September, to RON9.33 million (EUR2.1 million), reaching 94% of the profit estimated for 2014.

Gabriela Stan · 06.11.2014 · 17:30 · 1 min
BRD 9-Month Net Profit Down To RON20M
Banks-Insurance

BRD 9-Month Net Profit Down To RON20M

Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) reported a decrease of its profit for the first nine months, as the lender booked additional provisions in the third quarte...

Bogdan Neagu · 06.11.2014 · 10:53 · 1 min
OMV Petrom 3Q Net Profit Falls 20%
Energy

OMV Petrom 3Q Net Profit Falls 20%

Romania’s leading oil&gas company OMV Petrom (SNP.RO) Thursday reported a 20% decrease in third-quarter net profit, mainly due to lower sales and an increase in the property tax.

Bogdan Neagu · 06.11.2014 · 09:52 · 1 min