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MJ Maillis Romania 2013 Sales Down 12% To RON32.1M
Capital Market

MJ Maillis Romania 2013 Sales Down 12% To RON32.1M

Industrial packaging manufacturer MJ Maillis Romania (MJM.RO) Tuesday said its sales fell 12% in 2013, to 32.1 million lei (EUR7.2 million), from RON36.4 million a year earlier.

Gabriela Stan · 18.02.2014 · 12:18 · 1 min
Vrancart 2013 Sales Slightly Up At RON184M
Capital Market

Vrancart 2013 Sales Slightly Up At RON184M

Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) Tuesday said its sales rose slightly in 2013, to 184 million lei (EUR41.6 million), from RON180.2 million a year earlier.

Gabriela Stan · 18.02.2014 · 12:00 · 1 min
Petrom Expected To Announce EUR1 Billion Profit On Wednesday
Energy

Petrom Expected To Announce EUR1 Billion Profit On Wednesday

Romania’s largest company OMV Petrom (SNP.RO) is expected to reveal its 2013 financial results on Wednesday and analysts say that even in a worst-case scenario, its net profit could still ov...

Loredana Frățilă-Cristescu · 18.02.2014 · 00:00 · 2 min
Energy

Transelectrica 2013 Net Profit Soars To RON162.3 Million

Romanian state-owned power grid operator Transelectrica (TEL.RO) Monday said its net profit rose to 162.3 million lei (EUR36.2 million) in 2013, from RON36.5 million in the previous year.

Bogdan Neagu · 17.02.2014 · 22:13 · 1 min
Alro Swings To Net Loss of RON78M in 2013
Energy

Alro Swings To Net Loss of RON78M in 2013

Romanian aluminum company Alro Slatina (ALR.RO) turned to a negative result in 2013, following a decrease in international metal prices and higher eco-taxes, the company said in a statement...

Bogdan Neagu · 17.02.2014 · 20:34 · 1 min
Rompetrol Rafinare’s Net Loss Narrows to $99M In 2013
Energy

Rompetrol Rafinare’s Net Loss Narrows to $99M In 2013

Romanian oil company Rompetrol Rafinare (RRC.RO) reported a net loss of $99 million for 2013, compared with $163 million a year before, following an increase in the gross turnover.

Bogdan Neagu · 17.02.2014 · 19:32 · 2 min
Transgaz 2013 Net Profit Inches Up 2% To RON337M
Energy

Transgaz 2013 Net Profit Inches Up 2% To RON337M

Romanian natural gas pipeline operator Transgaz (TGN.RO) Monday reported a net profit of 336.9 million lei (EUR75 million), 2% higher on the year, as the increasing operational profit offset...

Bogdan Neagu · 17.02.2014 · 19:04 · 1 min
Zentiva Romania Net Profit Up 33% to RON43M in 2013
Health

Zentiva Romania Net Profit Up 33% to RON43M in 2013

Drugmaker Zentiva Romania (SCD.RO) on Monday reported a net profit of 42.9 million lei (EUR9.7 million), up 33.4% on the year, following higher sales.

Bogdan Neagu · 17.02.2014 · 17:56 · 1 min
COS Targoviste 2013 Sales Halve To RON430.5M
Capital Market

COS Targoviste 2013 Sales Halve To RON430.5M

Romanian steel maker COS Targoviste, former Mechel Targoviste, Monday said its sales halved to 430.5 million lei (EUR97.7 million) in 2013, from RON959.1 million a year earlier.

Gabriela Stan · 17.02.2014 · 16:18 · 1 min