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Erste Group Reports EUR1.5B Loss For First Nine Months
Austria’s Erste Group Bank (EBS.RO) Thursday reported a net loss of almost 1.5 billion euros for the first nine months of the year, mainly due to write-downs at its Romanian and Hungarian un...
Extensive Balance Sheet Clean-Up Takes BCR's Loss To RON2.4B In Jan-Sept
Romania’s largest bank BCR Thursday reported a massive net loss for the first nine months due to a significant rise in provisioning costs on the back of an accelerated balance sheet clean-up...
Orange Romania 3Q Revenue Up 3.4% To EUR227.4M
Orange Romania reported revenue worth EUR227.4 million in the third quarter of 2014, up 3.4% from the corresponding period a year earlier, excluding the impact of regulatory measures, due to...
SIF Moldova Profit Doubles To RON223M In January-September
Romanian regional investment fund SIF Moldova (SIF2.RO) reported a net profit of 223 million lei (EUR50 million) in January-September, up over twofold from the corresponding period a year ea...
SIF Transilvania Profit Down 12-Fold To RON18M In January-September
Romanian regional investment fund SIF Transilvania (SIF3.RO) reported a profit of 18.1 million lei (EUR4.07 million) in the first nine months of the year, down 12-fold from RON213.6 million...
SIF Muntenia Profit Doubles To RON210M In January-September
Romanian regional investment fund SIF Muntenia (SIF4.RO) reported a profit of 209.7 million lei (EUR41.14 million) in the first nine months of the year, over twofold higher from RON99.9 mill...
SIF Oltenia Profit Down 40% To RON72M In January-September
Romanian regional investment fund SIF Oltenia (SIF5.RO) reported a profit of 71.7 million lei (EUR16.1 million) in the first nine months of the year, down 39% from RON117.88 million in the c...
SIF Banat-Crisana Profit Up Fourfold At RON151.4 Million In January-September
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) reported a profit of RON151.4 million (EUR34.38 million) in January-September, fuelled by stock sales in the first half of the y...
GEFCO Romania 2014 Turnover Seen At Over EUR50M
Transport and logistics company GEFCO Romania, controlled by Russia’s state-owned railroad company RZD, estimates its turnover will exceed EUR50 million this year, from EUR47.6 million a yea...