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Proprietatea Fund 1Q Loss Widens To RON79M
Romanian investment fund Fondul Proprietatea Tuesday reported a loss of roughly 79 million lei (EUR19 million) for the first quarter, sharply wider from RON5.57 million in the year-earlier p...
Raiffeisen Banca pentru Locuinte 2013 Net Profit Triples On Year
Romanian housing bank Raiffeisen Banca pentru Locuințe (RBL) on Tuesday said its net profit tripled on the year to over 1.7 million lei (EUR0.38 million) in 2013, as revenues rose while cost...
Navrom Galati's 2013 Revenues Up 6.5% On Year At RON272M
Romanian river navigation company Navrom Galati (COVG.RO) registered revenues of 272.1 million lei (EUR60.9 million) in 2013, up 6.5% on the year, and net profit of RON4.6 million, from RON5...
SIF Moldova 1Q Net Profit Rises To RON136M
Romanian regional investment fund SIF Moldova (SIF2.RO) on Friday said its first-quarter net profit rose to 135.8 million lei (EUR30.43 million), from RON20 million in the year-earlier perio...
VIG’s 2013 Loss In Romania Double On Year At EUR98.7M
Austria’s Vienna Insurance Group Thursday said its loss before tax in Romania doubled to EUR98.7 million in 2013, from EUR44.9 million registered in 2012, after the group took "preventive me...
Piraeus Bank Romania 2013 Assets Rise 16% To EUR2B
Piraeus Bank Romania, a unit of Greece’s second-largest lender Piraeus Bank, reported a 16% increase in its assets to over EUR2 billion in 2013, the bank said in a statement Tuesday.
Albalact 2013 Net Profit Up 15% At RON8.4M
Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) reported a net profit of 8.4 million lei (EUR1.9 million) in 2013, up 15% from RON7.3 million a year earlier, the company said in a stateme...
Transelectrica 2014 Net Profit Seen More Than Halved At RON96.9M
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates a net profit of 96.9 million lei (EUR21.77 million) in 2014, down by over 50% compared with RON203.3 million a year e...
Penny Market Sales In Romania Up 13.8% In 2013, To Over EUR500M
Discount store chain Penny Market and XXL Mega Discount in Romania registered 13.8% higher sales to over EUR500 million in 2013, from around RON2 billion (EUR448 million) in 2012, said Germa...