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Romania

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E.ON Profit In Romania Grew In 2014, While Group Reported Record Loss
Energy

E.ON Profit In Romania Grew In 2014, While Group Reported Record Loss

German utility giant E.ON's EBITDA in Romania increased last year, but the group posted the largest loss in its history, of EUR3.1 billion.

Oana Gavrila · 11.03.2015 · 11:43 · 1 min
OTP Bank Romania Posts Net Profit Of EUR2.47M In 2014
Banks-Insurance

OTP Bank Romania Posts Net Profit Of EUR2.47M In 2014

OTP Bank Romania, part of Hungarian group OTP, posted a net profit of HUF765 million (EUR2.47 million) in 2014, after a net loss of HUF1.6 billion (EUR5.18 million) in the fourth quarter of...

Ecaterina Craciun · 06.03.2015 · 12:31 · 2 min
Mobile Virtual Network Operator Lycamobile Enters Romanian Market
Technology &Telecoms

Mobile Virtual Network Operator Lycamobile Enters Romanian Market

Mobile Virtual Network Operator Lycamobile has launched operations in Romania, which has become the 18th country in the company's international network.

Oana Gavrila · 03.03.2015 · 19:54 · 1 min
Fitch Affirms Romania At 'BBB-', Sees GDP Growing Close To Potential In Next 2 Years
Banks-Insurance

Fitch Affirms Romania At 'BBB-', Sees GDP Growing Close To Potential In Next 2 Years

Fitch Ratings has affirmed Romania's long-term foreign and local currency ratings at 'BBB-'and 'BBB', respectively, with stable outlooks, outlining the country’s relatively positive economic...

Ecaterina Craciun · 01.03.2015 · 15:53 · 3 min
Iuga, PwC: Romania Should Position Itself As A Relevant Country For Gas Transport In The Region
Energy · ZF POWER SUMMIT '15

Iuga, PwC: Romania Should Position Itself As A Relevant Country For Gas Transport In The Region

Romania should sell on the market the natural gas production in the Black Sea and position itself as a relevant country in gas transport in the region, Vasile Iuga, managing partner PwC Sout...

Ecaterina Craciun · 23.02.2015 · 18:01 · 1 min
Ruset, Siemens: A Well-Structured Strategy May Turn Romania Into An Energy Champion
Energy · ZF POWER SUMMIT '15

Ruset, Siemens: A Well-Structured Strategy May Turn Romania Into An Energy Champion

A very well-structured strategy could help Romania become an energy champion, Petru Ruset, country division lead Energy Management Power and GAs Power Siemens, said Monday.

Ecaterina Craciun · 23.02.2015 · 16:58 · 1 min
Lafarge Cement Sales In Romania Up 2% In 2014
Real Estate

Lafarge Cement Sales In Romania Up 2% In 2014

French construction materials manufacturer Lafarge had a 2% growth in cement sales in Romania last year, as the residential sector started recovering and counterbalanced the decline in infra...

Oana Gavrila · 18.02.2015 · 11:01 · 1 min
Capital Economics: Romania’s Economy Seen Growing 3% In 2015
Macroeconomics

Capital Economics: Romania’s Economy Seen Growing 3% In 2015

Romania’s economy is expected to grow 3% this year and 3.3% in 2016, driven by strengthening domestic demand, but below the long-term growth potential of 4% estimated by the analysts of Brit...

Ecaterina Craciun · 17.02.2015 · 15:32 · 1 min
Orange Romania Revenues Down 2.7% In 2014, To EUR909M
Technology &Telecoms

Orange Romania Revenues Down 2.7% In 2014, To EUR909M

Revenues of telecom operator Orange Romania declined 2.7% on the year in 2014, to EUR909 million, due to lower termination rates, while its customer base grew by 95,000, to 10.531 million, t...

Oana Gavrila · 17.02.2015 · 10:34 · 1 min