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Statkraft Romania Posts Lower Sales In 2013 On OPCOM Restrictions
Energy

Statkraft Romania Posts Lower Sales In 2013 On OPCOM Restrictions

Statkraft Romania, owned by Norwegian energy group Statkraft, reported last year sales of 58 million lei (EUR13.1 million) from electricity trading, down 24.6% compared with RON77 million a...

Gabriela Stan · 27.01.2014 · 12:53 · 1 min
BCR Swings To Net Profit Of RON370M In 2013 - Sources
Banks-Insurance

BCR Swings To Net Profit Of RON370M In 2013 - Sources

Romanian leading bank BCR, a unit of Austria’s Erste Group Bank AG (EBS.RO), reported a net profit of around 370 million lei (EUR81.7 million) in 2013, sources at the bank said Friday.

Florentina Dragu · 24.01.2014 · 15:22 · 1 min
Romanian Banks Swing To RON497M Aggregate Profit In 2013
Banks-Insurance

Romanian Banks Swing To RON497M Aggregate Profit In 2013

Romanian commercial banks reported an aggregate net profit of 497 million lei (EUR109.7 million) in 2013, versus losses a year-earlier, as more than half of the active lenders ended the fisc...

Florentina Dragu · 23.01.2014 · 18:18 · 1 min
Bucharest Airport Company Gross Profit Triples To RON78 Million In 2013
Automotive

Bucharest Airport Company Gross Profit Triples To RON78 Million In 2013

The Bucharest National Airport Company (CNAB) reported last year a gross profit of 78 million lei (EUR17.3 million), threefold higher than forecasted, the company said in a release Thursday.

Gabriela Stan · 23.01.2014 · 11:52 · 1 min
CEC Bank 2013 Pretax Profit Doubles To RON65M - Sources
Banks-Insurance

CEC Bank 2013 Pretax Profit Doubles To RON65M - Sources

Romanian state-run lender CEC Bank reported a pretax profit of some 65 million lei (EUR14.36 million) in 2013, almost double on the year, government sources said Wednesday.

Florentina Dragu · 16.01.2014 · 12:50 · 1 min
SIF Oltenia 2013 Profit Up 47% At RON130 Million
Capital Market

SIF Oltenia 2013 Profit Up 47% At RON130 Million

Romanian regional investment fund SIF Oltenia (SIF5.RO) reported last year a profit of RON130 million (EUR29.4 million), up 47% compared with RON88.4 million in 2012, mainly due to the sale...

Gabriela Stan · 14.01.2014 · 13:41 · 1 min
Wim Bosman Romania 9-Month Turnover Up 20% To EUR8M
Automotive

Wim Bosman Romania 9-Month Turnover Up 20% To EUR8M

Logistics and transport firm Wim Bosman Romania reported turnover of EUR8 million in the first nine months of 2013, up 20% from the same period in 2012, and expects its turnover to exceed EU...

Ecaterina Craciun · 17.12.2013 · 16:08 · 1 min
CFR Calatori Expects Loss Of RON395M In 2013
Automotive

CFR Calatori Expects Loss Of RON395M In 2013

Romanian state-owned railway passenger company CFR Calatori estimates loss of 395 million lei (EUR88.6 million) this year, 2.5-fold lower than the RON992 million loss incurred in 2012.

Ecaterina Craciun · 16.12.2013 · 15:52 · 1 min
Proprietatea Fund 11-Month Net Profit Falls To RON544.6M
Capital Market

Proprietatea Fund 11-Month Net Profit Falls To RON544.6M

Romanian investment fund Fondul Proprietatea Friday reported a net profit of 544.64 million lei (EUR123.6 million) in the first 11 months of 2013, down 4.35% on the year.

Florentina Dragu · 13.12.2013 · 10:20 · 1 min