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Italy’s Intesa Sanpaolo To Reassess Presence In Romania
Italy’s lender Intesa Sanpaolo on Friday announced it will reassess its presence in Romania after posting losses of EUR37 million on the local market in 2013, almost 50% wider on the year.
Raiffeisen Romania Profit Up 16% To EUR100M In 2013
Raiffeisen Bank International (RBI) reported profit after taxes of EUR100 million in Romania in 2013, up 15.8% from EUR86 million a year earlier, due to lower income taxes, according to the...
Banca Transilvania Mulls RON353M Capital Increase
Romanian lender Banca Transilvania (TLV.RO) on Wednesday proposed increasing its share capital by 352.7 million lei (EUR78.9 million) to RON2.55 billion by incorporating part of the bank’s r...
Sarantis Sales In Romania Up 4.35% To EUR36M In 2013
Greek group Sarantis, owner of cosmetics producer Elmiplant, said Thursday it registered sales of EUR35.86 million in Romania in 2013, up 4.35% from EUR34.37 million in 2012.
ING Romania Pretax Profit Falls To RON216M In 2013
ING Bank Romania Thursday said its pretax profit slid 7% on the year to 216 million lei (EUR48 million) in 2013, largely due to higher investment costs with technology and product developmen...
Immofinanz Rental Income In Romania Inches Up To EUR36.2M In First 9 Months Of 2013/2014 FY
Austrian property investor Immofinanz Thursday said its rental revenues in Romania rose slightly to EUR36.2 million in the first nine months (May 1, 2013 -January 31, 2014) of the 2013/2014...
GTS Telecom 2013 Revenue Slightly Down At EUR19.2M
GTS Telecom Romania, part of GTS Central Europe, reported revenue worth EUR19.24 million in 2013, slightly down from EUR20 million a year earlier, and earnings before interest, taxes, deprec...
CA Immo’s 2013 Rental Income In Romania Slightly Down To EUR30.4M
Austrian group CA Immo Wednesday said its rental income in Romania fell slightly to EUR30.4 million in 2013, from EUR30.6 million a year before.
Bucharest Radisson's Owner Switches To Profit After Posting Loss For Four Years
Romanian hotel operator Bucuresti Turism, which operates the Radisson hotel in Bucharest, switched to profit of 5.7 million lei (EUR1.25 million) in 2013 after posting loss every year since...