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Antibiotice Posts 6.3% Higher Profit At RON28.8M In 2013
Health

Antibiotice Posts 6.3% Higher Profit At RON28.8M In 2013

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Tuesday reported a preliminary net profit of 28.8 million lei (EUR6.4 million), up 6.3% on the year, mainly due to a higher operating p...

Bogdan Neagu · 11.02.2014 · 10:00 · 1 min
Carpatica Asig 2013 Underwritten Premiums Up 61% On Year At RON481.7M
Banks-Insurance

Carpatica Asig 2013 Underwritten Premiums Up 61% On Year At RON481.7M

Romanian insurer Carpatica Asig Thursday said it underwrote premiums of 481.7 million lei (EUR108.1 million) in 2013, up 61% on the year, due to an increase in the number of clients, from ov...

Ecaterina Craciun · 06.02.2014 · 12:56 · 1 min
NEPI 2013 Net Profit Rises To EUR57.5M
Real Estate

NEPI 2013 Net Profit Rises To EUR57.5M

South-African investment fund New Europe Property Investment (NEP.RO) on Wednesday said its net profit attributable to stockholders rose 73.5% to EUR57.46 million in 2013, from EUR33.1 milli...

Florentina Dragu · 05.02.2014 · 19:58 · 1 min
Millennium Bank Romania 2013 Loss Narrows To EUR6M
Banks-Insurance

Millennium Bank Romania 2013 Loss Narrows To EUR6M

Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, reported a loss of EUR5.9 million in 2013, sharply narrower on the year, helped by higher income and declini...

Florentina Dragu · 04.02.2014 · 11:34 · 1 min
Slovak Dairy Maker Koliba Expects EUR5.5M Sales In Romania In 2014
Retail&Consumer

Slovak Dairy Maker Koliba Expects EUR5.5M Sales In Romania In 2014

Slovak dairy producer Koliba expects sales of EUR5.5 million on the Romanian market in 2014, up 57% from EUR3.5 million in 2013.

Ecaterina Craciun · 03.02.2014 · 14:27 · 1 min
OMV Petrom Gas Sales Fell 6% In Q4 2013
Energy

OMV Petrom Gas Sales Fell 6% In Q4 2013

Romanian leading oil and gas company OMV Petrom (SNP.RO) reported 6% lower gas sales volumes in the fourth quarter of 2013, compared with the same period a year earlier, due to weak demand f...

Gabriela Stan · 30.01.2014 · 11:08 · 1 min
Cocor Swings To RON13.8 Pretax Profit In 2013
Real Estate

Cocor Swings To RON13.8 Pretax Profit In 2013

Shopping center operator Cocor Bucuresti (COCR.RO) on Wednesday said it has swung to a pretax profit of 13.8 million lei (EUR3.1 million) in 2013, versus losses a year earlier, helped by hig...

Florentina Dragu · 29.01.2014 · 18:02 · 1 min
VIG Posts 18.5% Lower Gross Underwritten Premiums In Romania In 2013, To EUR373.9M
Banks-Insurance

VIG Posts 18.5% Lower Gross Underwritten Premiums In Romania In 2013, To EUR373.9M

Austria’s Vienna Insurance Group (VIG) registered an 18.5% decline in gross premiums underwritten in Romania in 2013, to EUR373.9 million, mainly due to car insurance, according to the group...

Ecaterina Craciun · 29.01.2014 · 11:14 · 2 min
Gral Medical Eyes 20% Revenue Hike In 2014
Health

Gral Medical Eyes 20% Revenue Hike In 2014

Romanian private healthcare provider Gral Medical targets 20% higher revenues in 2014, despite the contracting of the medical service market, the company said in a statement Tuesday.

Gabriela Stan · 28.01.2014 · 12:35 · 1 min