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Cemacon Sales Surge 40% To RON27.3M In 1H
Romanian brick maker Cemacon (CEON.RO) Wednesday said its sales surged 40.6% to 27.3 million lei (EUR6.1 million) on the year in the first quarter of 2014.
Libra Internet Bank 1H Profit Rises Fivefold To RON8.5M
Romanian lender Libra Internet Bank Wednesday said its net profit rose fivefold on the year to 8.5 million lei (EUR1.92 million) in the first half of 2014, helped by lower costs.
Globalworth Posts EUR70M Profit In 1Q After Acquiring Realty Assets At Prices Below Valuation
Globalworth Real Estate Investments, founded and owned by Greek businessman Ioannis Papalekas, reported profit before tax of around EUR70 million in the first quarter of 2014, after acquirin...
Armax Gaz 1H Turnover Up 40% To RON32M
Romanian oil and gas equipment producer Armax Gaz Medias (ARAX.RO) reported a 40% higher turnover to 32.2 million lei (EUR12.7 million) on the year in the first half of 2014.
BRD 1H Profit Doubles To RON123M As Provisions Fall
Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Friday said its net profit doubled on the year to 123 million lei (EUR27.83 million) in the first half,...
Carrefour Reports 4.3% Higher Revenue To EUR36B In 1H; Rising Sales In Romania
French retailer Carrefour Thursday said it registered sales of EUR35.9 billion in the first six months of 2014, up 4.3% on the year, which translates into the largest organic growth rate of...
Erste Group Bank Swings To EUR930M Net Loss In 1H
Austria’s Erste Group Bank (EBS.RO) Thursday reported a record loss for the first year-half, mainly due to higher provisions in Hungary and Romania and a low-interest environment in the mark...
BCR Posts Loss Of RON276.6M In 1H, On High Provisioning Costs
Romania’s largest lender Banca Comerciala Romana, or BCR, turned to losses in the first year-half due to “sustained provisioning associated to balance sheet clean-up.”
Portugal’s Millennium Books EUR34M Impairment Charge On Romanian Unit Sale
Portugal’s largest listed bank Millennium bcp has booked a provision of EUR34 million for anticipated losses on the planned sale of its Romanian subsidiary, the bank said in its financial re...