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Biofarm 2014 Profit Seen Down 15% At RON21.7M
Health

Biofarm 2014 Profit Seen Down 15% At RON21.7M

Romanian pharmaceuticals company Biofarm (BIO.RO) targets a net profit of 21.7 million lei (EUR4.8 million) for 2014, down 15% on the year, and RON128 million sales (EUR28.4 million), up 9%...

Gabriela Stan · 13.03.2014 · 17:55 · 1 min
Enel Romania 2013 EBITDA Rises To EUR289M
Energy

Enel Romania 2013 EBITDA Rises To EUR289M

Italy’s utility Enel Wednesday said its pretax earnings in Romania rose 25% on the year in 2013, fueled by higher electricity prices.

Florentina Dragu · 12.03.2014 · 16:07 · 1 min
Siniat Romania Sales Slightly Up At RON100M In 2013
Companies

Siniat Romania Sales Slightly Up At RON100M In 2013

Siniat Romania, a unit of Belgian industrial group Etex, reported a turnover of 100 million lei (EUR22.2 million) in 2013, slightly higher on the year, while the company estimates higher sal...

Gabriela Stan · 12.03.2014 · 15:11 · 1 min
AFI Europe Posts EUR28.7M Income From AFI Palace Cotroceni In 2013
Real Estate

AFI Europe Posts EUR28.7M Income From AFI Palace Cotroceni In 2013

Real estate developer AFI Europe Wednesday reported net operating income of EUR28.7 million in 2013 from AFI Palace Cotroceni mall in Bucharest, up 6.5% on the year, while tenants’ sales ros...

Ecaterina Craciun · 12.03.2014 · 13:07 · 1 min
OTP Bank Romania 2013 Loss Narrows To EUR13.9M
Banks-Insurance

OTP Bank Romania 2013 Loss Narrows To EUR13.9M

OTP Bank Romania, the local unit of Hungary’s financial group OTP, posted loss of HUF4.14 billion (EUR13.9 million) in 2013, down 25% from HUF5.53 billion in 2012, due to a rise in operating...

Ecaterina Craciun · 07.03.2014 · 20:48 · 1 min
Cosmote Romania Revenues Rise To EUR123M In 4Q/2013
Technology &Telecoms

Cosmote Romania Revenues Rise To EUR123M In 4Q/2013

Mobile telephony operator Cosmote Romania, a unit of Greek telecom company OTE, posted an 8.1% annual increase in its fourth-quarter revenues to EUR122.9 million, reflecting higher sales on...

Florentina Dragu · 06.03.2014 · 13:13 · 1 min
Romtelecom 4Q Sales Rise 8.8% To EUR162.7M
Technology &Telecoms

Romtelecom 4Q Sales Rise 8.8% To EUR162.7M

Romanian telecom operator Romtelecom’s fourth quarter revenue rose 8.8% on the year to EUR162.7 million, fueled by strong performance in the ICT and wholesale segments, the parent company, G...

Florentina Dragu · 06.03.2014 · 13:09 · 1 min
Orange Romania 2013 Revenue Up 1.8% To EUR934M
Technology &Telecoms

Orange Romania 2013 Revenue Up 1.8% To EUR934M

Mobile telecom operator Orange Romania reported revenues of EUR934 million in 2013, up 1.8% on the year, due to solid growth on the internet segment, while the number of customers rose by 15...

Gabriela Stan · 06.03.2014 · 11:48 · 1 min
DPD Romania 2013 Sales Rise 43% To RON64.8M
Retail&Consumer

DPD Romania 2013 Sales Rise 43% To RON64.8M

Parcel delivery service company DPD Romania, a unit of French La Poste, Wednesday reported a 43% increase in its sales to 64.8 million lei (EUR14.4 million) in 2013, fueled by e-commerce seg...

Gabriela Stan · 05.03.2014 · 13:50 · 1 min