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Garanti Group Romania 1H Net Profit Falls To EUR17M
Banks-Insurance

Garanti Group Romania 1H Net Profit Falls To EUR17M

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Monday said its consolidated net profit fell 15% to EUR16.9 million in the first half, from EUR19.8 milli...

Florentina Dragu · 28.07.2014 · 19:11 · 1 min
AFI Palace Retailers Registered 10% Higher Sales Of Over EUR100 In 1H/2014
Real Estate

AFI Palace Retailers Registered 10% Higher Sales Of Over EUR100 In 1H/2014

Retailers hosted by Bucharest’s shopping center AFI Palace Cotroceni, excluding hypermarket Auchan, registered a 10% rise in sales to over EUR100 million in the first half of 2014.

Ecaterina Craciun · 24.07.2014 · 14:31 · 1 min
EximBank 1H Net Profit Rises 30% To RON32M
Banks-Insurance

EximBank 1H Net Profit Rises 30% To RON32M

Romania’s state-run lender EximBank Wednesday said its net profit rose 29% to 32 million lei (EUR7.2 million) in the first half of the year, helped by higher revenue from lending.

Florentina Dragu · 23.07.2014 · 13:18 · 1 min
Euroins Romania 1H Underwritten Premiums Down 21.7% On Year, To EUR48.9M
Banks-Insurance

Euroins Romania 1H Underwritten Premiums Down 21.7% On Year, To EUR48.9M

Insurer Euroins Romania underwrote premiums of EUR48.9 million in the first six months of 2014, down 21.7% on the year, according to the data provided by Bulgarian group Eurohold, the compan...

Ecaterina Craciun · 21.07.2014 · 16:22 · 1 min
LeasePlan Romania Extends Managed Car Fleet By 30% To 9,700 Units In 1H
Automotive

LeasePlan Romania Extends Managed Car Fleet By 30% To 9,700 Units In 1H

Car leasing company LeasePlan Romania increased the car fleet it manages by 30% to over 9,700 vehicles in the first half of 2014, compared to some 7,500 units it managed in the year-earlier...

Ecaterina Craciun · 15.07.2014 · 13:51 · 1 min
Proprietatea Fund 1H Net Profit Rises To Record RON1.06B
Capital Market

Proprietatea Fund 1H Net Profit Rises To Record RON1.06B

Romanian investment fund Fondul Proprietatea (FP.RO) Tuesday said its net profit almost doubled to a record level of 1.064 billion lei (EUR240 million) in the first half of the year, followi...

Florentina Dragu · 15.07.2014 · 13:35 · 1 min
SIF Oltenia 1H Profit Falls To RON60M
Capital Market

SIF Oltenia 1H Profit Falls To RON60M

Romanian regional investment fund SIF Oltenia (SIF5.RO) Monday said its net profit fell 30% to 60.1 million lei (EUR13.6 million) in the first half, from RON90.5 million in the year-ago peri...

Florentina Dragu · 14.07.2014 · 18:38 · 1 min
Tarom Ends 2013 With 44% Lower Loss And 3.5% Higher Turnover
Automotive

Tarom Ends 2013 With 44% Lower Loss And 3.5% Higher Turnover

Romania’s state-run airline Tarom cut its loss by 44% down to 130.1 million lei (EUR29.4 million) and registered a 3.5% increase in turnover to RON1.085 billion (EUR288 million) in 2013, acc...

Ecaterina Craciun · 14.07.2014 · 12:08 · 1 min
Romania Central Bank Swings To RON1.25B Loss In 2013
Banks-Insurance

Romania Central Bank Swings To RON1.25B Loss In 2013

The Romanian central bank reported a net loss of 1.25 billion lei (some EUR285 million) in 2013, versus profit a year earlier, hurt by losses from monetary policy operations and higher costs...

Florentina Dragu · 27.06.2014 · 15:52 · 1 min