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SIF Transilvania Swings To First-Quarter Loss
Capital Market

SIF Transilvania Swings To First-Quarter Loss

Romanian regional investment fund SIF Transilvania (SIF3.RO) has swung to a first-quarter loss as the fund’s revenues tumbled, hit by lower asset sales.

Florentina Dragu · 09.05.2014 · 13:44 · 1 min
Voestalpine Vae Apcarom Revenue Soars 44.7% To RON37.2M In 1Q/2014
Automotive

Voestalpine Vae Apcarom Revenue Soars 44.7% To RON37.2M In 1Q/2014

Romanian rolling stock maker voestalpine Vae Apcarom Buzau (APC.RO), owned by Austria's voestalpine, Thursday said its revenue rose 44.7% to 37.2 million lei (EUR8.3 million) on the year in...

Ecaterina Craciun · 08.05.2014 · 15:58 · 1 min
Cosmote Romania 1Q Revenue Up 9.2% To EUR118.2M
Technology &Telecoms

Cosmote Romania 1Q Revenue Up 9.2% To EUR118.2M

Mobile operator Cosmote Romania reported revenues worth EUR118.2 million in the first quarter of the year, up 9.2% from EUR108.2 million in the corresponding period a year earlier, triggered...

Gabriela Stan · 08.05.2014 · 12:08 · 1 min
Prefab Revenue Down 10% In 1Q, To RON12.4M
Capital Market

Prefab Revenue Down 10% In 1Q, To RON12.4M

Romanian building materials maker Prefab Bucuresti (PREH.RO) registered revenues of 12.4 million lei (EUR2.7 million) in the first quarter of 2014, down 10% from RON13.8 million in the same...

Ecaterina Craciun · 07.05.2014 · 14:36 · 1 min
Bucharest Bourse 1Q Net Profit Down 10% To RON1.4M
Capital Market

Bucharest Bourse 1Q Net Profit Down 10% To RON1.4M

The Bucharest Stock Exchange (BVB.RO) Wednesday said its net profit fell 9.8% on the year to 1.38 million lei (EUR0.31 million) in the first quarter, largely due to lower revenues from forei...

Florentina Dragu · 07.05.2014 · 12:19 · 1 min
Safety Broker 1Q Turnover Up 60% To EUR18M
Banks-Insurance

Safety Broker 1Q Turnover Up 60% To EUR18M

Insurance brokerage firm Safety Broker de Asigurare brokered premiums worth over EUR18 million in the first quarter of 2014, up 60% from the corresponding period a year earlier, the company...

Gabriela Stan · 07.05.2014 · 12:16 · 1 min
BRD 1Q Net Profit Triples On Lower Risk Costs
Banks-Insurance

BRD 1Q Net Profit Triples On Lower Risk Costs

Romanian lender BRD-Societe Generale (BRD.RO) Wednesday reported a first-quarter net profit of 37.48 million lei (EUR8.4 million), almost tripled from RON13.3 million in the year-earlier per...

Bogdan Neagu · 07.05.2014 · 10:00 · 1 min
CEC Bank 2013 Profit Rises To RON39M; Assets Flat At RON27B
Banks-Insurance

CEC Bank 2013 Profit Rises To RON39M; Assets Flat At RON27B

Romanian state-owned lender CEC Bank Tuesday said its net profit rose 5.4% to about 39 million lei (EUR8.78 million) in 2013, from RON37 million a year earlier.

Florentina Dragu · 06.05.2014 · 12:39 · 1 min
Ameropa Grains 2013 Sales Double To RON1.78B
Retail&Consumer

Ameropa Grains 2013 Sales Double To RON1.78B

Romanian Ameropa Grains, a unit of Swiss fertilizer and grain trader Ameropa Holding AG, on Friday said its sales doubled to 1.78 billion lei (EUR402.7 million) in 2013, largely fueled by hi...

Florentina Dragu · 02.05.2014 · 18:39 · 1 min