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Symmetrica 2013 Sales Up 7% At RON68.1M
Companies

Symmetrica 2013 Sales Up 7% At RON68.1M

Symmetrica, one of the leading players on the Romanian stone sett paving market, reported turnover of 68.1 million lei (EUR15.4 million) in 2013, up 7% from RON63.3 million a year earlier, o...

Gabriela Stan · 04.03.2014 · 12:23 · 1 min
Nuclearelectrica 2013 Net Profit Up 17-Fold To RON417.37M
Capital Market

Nuclearelectrica 2013 Net Profit Up 17-Fold To RON417.37M

Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) Friday said its preliminary net profit rose seventeen-fold to 417.37 million lei (EUR94.42 million) in 2013, from RON24.19...

Gabriela Stan · 28.02.2014 · 20:42 · 1 min
Erste’s Net Profit Down to EUR61M in 2013
Banks-Insurance

Erste’s Net Profit Down to EUR61M in 2013

Erste Group Bank (EBS.RO) Friday reported a net profit of 61 million euro for 2013, eight times lower than EUR483.5 million in the previous year due to one-off expenses and negative tax effe...

Bogdan Neagu · 28.02.2014 · 11:49 · 1 min
Banks-Insurance

BCR Returns To Profit In 2013, On Lower Costs

Romania’s largest bank BCR returned to a positive result in 2013 after a massive loss in the previous year, helped by improving operating activity and much lower risk costs.

Bogdan Neagu · 28.02.2014 · 10:40 · 2 min
CEZ Romania 2013 EBITDA Falls 20% To EUR158M
Energy

CEZ Romania 2013 EBITDA Falls 20% To EUR158M

Czech power group CEZ AS Thursday reported a 20% annual decline to CZK4.1 billion (EUR158 million) in its 2013 operating profit before taxes, or EBITDA, in Romania, hurt by lower income from...

Florentina Dragu · 27.02.2014 · 14:59 · 1 min
Romgaz Net Profit Down 17% in 2013 To RON931 Mln
Energy

Romgaz Net Profit Down 17% in 2013 To RON931 Mln

Romania’s state-run natural gas producer Romgaz (SNG.RO) Thursday reported a 16.8% drop in its 2013 net profit, hit by higher depreciation costs and a special income tax introduced by the lo...

Bogdan Neagu · 27.02.2014 · 10:45 · 2 min
Provident Financial Granted Loans Worth EUR127.5M In Romania And Bulgaria In 2013
Banks-Insurance

Provident Financial Granted Loans Worth EUR127.5M In Romania And Bulgaria In 2013

Consumer lender Provident Financial, part of British group International Personal Finance (IPF), Wednesday said it granted loans worth EUR127.5 million in Romania and Bulgaria in 2013, after...

Ecaterina Craciun · 26.02.2014 · 16:35 · 1 min
EximBank 2013 Net Profit Rises Fourfold To RON50M
Banks-Insurance

EximBank 2013 Net Profit Rises Fourfold To RON50M

Romania’s state-run lender EximBank Monday said its net profit rose fourfold on the year to around 50 million lei (EUR11.3 million) in 2013, on higher revenue from lending.

Florentina Dragu · 24.02.2014 · 13:04 · 1 min
OMV Petrom Net Profit Hits Record RON4.82B In 2013
Energy

OMV Petrom Net Profit Hits Record RON4.82B In 2013

Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit rose 22% to a record 4.82 billion lei (EUR1.07 billion) in 2013, fueled by favorable crude oil prices and lower...

Florentina Dragu · 19.02.2014 · 09:10 · 2 min