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Banks-Insurance

UniCredit's Consolidated Profit In Romania Doubled In 2014 To EUR42M

Italian banking group UniCredit's consolidated profit in Romania more than doubled last year, from EUR19 million to EUR42 million, as deposits and loans increased 7% on the year, the group s...

Oana Gavrila · 11.02.2015 · 16:49 · 1 min
Real Estate

NEPI To Expand Promenada Mall By 60%, Has EUR370M In Projects Under Development

South-African real estate investment fund NEPI plans to expand the area of Promenada Mall in Bucharest by over 60% and is currently developing projects amounting to EUR371 million.

Oana Gavrila · 11.02.2015 · 13:19 · 2 min
Strabag Works In Romania Down In January-September, Orders Pick Up
Real Estate

Strabag Works In Romania Down In January-September, Orders Pick Up

The value of Austria's Strabag works in Romania dropped to EUR93.4 million in January-September, from EUR213.6 million in the same period last year, but its orders went up 62%, to nearly EUR...

Oana Gavrila · 28.11.2014 · 14:26 · 1 min
Euroins Romania Underwritings Down 10.3% In January-October, To EUR85.4M
Banks-Insurance

Euroins Romania Underwritings Down 10.3% In January-October, To EUR85.4M

Insurer Euroins Romania underwrote premiums of EUR85.4 million in January-October this year, down 10.3% compared to the same period in 2013, according to data released Friday by Bulgarian gr...

Oana Gavrila · 21.11.2014 · 15:25 · 1 min
Prodlacta Brasov Turnover Grows 60% In January-September, To EUR6.6M
Retail&Consumer

Prodlacta Brasov Turnover Grows 60% In January-September, To EUR6.6M

Brasov-based dairy producer Prodlacta posted a turnover of RON29.28 million (EUR6.6 million) in January-September, up 60% on the year, and its loss narrowed by around 6%, to RON6.48 million...

Oana Gavrila · 18.11.2014 · 15:25 · 1 min
Sarantis Turnover In Romania Up 8.45% In January-September, To EUR28.4M
Retail&Consumer

Sarantis Turnover In Romania Up 8.45% In January-September, To EUR28.4M

Greek group Sarantis, owner of cosmetics producer Elmiplant, posted a 8.45% growth in turnover in Romania in January-September, to EUR28.46 million, and a 5.26% in its profit before interest...

Oana Gavrila · 17.11.2014 · 14:10 · 1 min
Electrica 9-Month Revenue Down 10%, Profit Up 4%
Energy

Electrica 9-Month Revenue Down 10%, Profit Up 4%

State-owned Electrica SA had revenues of RON3.55 billion (EUR800 million) in the first nine months, down 10% on the year, as electricity consumption declined, but its consolidated net profit...

Oana Gavrila · 14.11.2014 · 16:40 · 1 min
Artego Targu Jiu 9-Month Turnover Down 13%, Profit Down 33%
Capital Market

Artego Targu Jiu 9-Month Turnover Down 13%, Profit Down 33%

Romanian conveyor belt maker Artego Targu Jiu (ARTE.RO) had a turnover of RON102.14 million in the first nine months of the year, down 13.6%, and a net profit of RON2.97 million, down 33.47%...

Oana Gavrila · 14.11.2014 · 13:37 · 1 min
OTP Bank Romania Posts 9-Month Profit Of EUR7.7M
Banks-Insurance

OTP Bank Romania Posts 9-Month Profit Of EUR7.7M

OTP Bank Romania posted a net profit of HUF2.4 billion (EUR7.7 million) in the first nine months of the year, after a loss of HUF1.68 billion (EUR5.6 million) in the same period last year, t...

Oana Gavrila · 14.11.2014 · 12:31 · 2 min