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ArcelorMittal Tubular Products Roman 2013 Turnover Down 16.8% To RON687.5M
Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) reported a turnover of 687.5 million lei (EUR155.9 million) in 2013, down 16.8% from RON826.4 million a year earlier,...
Banca Italo Romena 2013 Loss Widens, Hurt By Provisions For Bad Loans
Banca Italo Romena, a unit of Italy’s banking group Veneto Banca, on Tuesday said its loss widened slightly to EUR11.7 million in 2013, from EUR11.1 million a year earlier, hurt by provision...
Altur Expects 5% Fall In 2014 Revenue To RON112.5M
Romanian car parts maker Altur Slatina (ALT.RO) expects revenue of 112.5 million lei (EUR25.2 million) in 2014, down 5% from 2013, and pre-tax profit of RON3.1 million, 3.7-fold higher on th...
Alumil Eyes Higher Profit In 2014; OKs RON20M Dividend
Romanian aluminum processor Alumil Rom Industry (ALU.RO) expects its net profit will rise to 1.31 million lei (EUR0.29 million) in 2014, from roughly RON0.56 million a year ago, helped by lo...
Grawe Romania’s Pretax Profit Double On Year, To RON2.74M In 2013
Insurance company Grawe Romania reported pretax profit of 2.74 million lei (EUR0.61 million) in 2013, double from a year ago, while revenues generated from underwritten premiums fell 6% to R...
Zentiva 2014 Profit Seen Up 18.6% At RON47.8M
Drugmaker Zentiva Romania (SCD.RO) estimates an 18.6% net profit increase in 2014, to 47.8 million lei (EUR10.7 million), the company said in its budget proposal published on the Bucharest s...
GDF Suez Energy Romania Net Profit Rises 24% To RON447M In 2013
GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, said its net profit rose 24% to 447.1 million lei (EUR101.3 million) in 2013, helped by higher electricity sales and falli...
Agrana 2014 Turnover Seen Down At RON960M
Austrian group Agrana estimates its turnover will drop to RON958 million in Romania in 2014, compared with RON1.18 billion a year earlier, the company stated.
Provisional Data: Romania’s Insurance Market Up 1.8% In First Two Months, At RON1.39B
Romania’s life and non-life (general) insurance underwritten premiums reached 1.39 billion lei (EUR0.31 billion) in the first two months of 2014, up 1.8% from the year-earlier period, accord...