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Zentiva 9-Month Revenue Up 33%, To RON319.7M
Capital Market

Zentiva 9-Month Revenue Up 33%, To RON319.7M

Pharmaceutical company Zentiva Romania (SCD.RO) posted a 33% revenue growth in the first nine months of the year, to RON319.7 million from RON240 million in the same period last year, and it...

Oana Gavrila · 14.11.2014 · 11:46 · 1 min
FP Profit Continued Decline In October, Reached RON977.2M In January-October
Capital Market

FP Profit Continued Decline In October, Reached RON977.2M In January-October

The profit of Romanian investment fund Fondul Proprietatea (FP.RO) dropped by RON7.4 million in October, the fourth month in a row of decline, and reached RON977.2 million (EUR219.86 million...

Oana Gavrila · 13.11.2014 · 16:19 · 2 min
Garanti Leasing Financing Up 68% In 1H, Leasing Market Up 22%
Banks-Insurance

Garanti Leasing Financing Up 68% In 1H, Leasing Market Up 22%

Garanti Leasing, the financial leasing division of Garanti Romania, gave new financing of EUR36.2 million in the first half of the year, up 68% on the year, in a leasing market that rose 22%...

Oana Gavrila · 01.10.2014 · 15:18 · 1 min
Allianz-Tiriac Revenue Up 6% In 1H, Operating Profit Doubles
Banks-Insurance

Allianz-Tiriac Revenue Up 6% In 1H, Operating Profit Doubles

Romanian insurer Allianz-Tiriac nderqrote premiums of RON494.1 million in the first half of the year, up more than 6% on the year, while its consolidated operating profit doubled to RON20.7...

Oana Gavrila · 08.09.2014 · 13:39 · 1 min
Alpha Bank Made EUR3.9M Pretax Profit In Romania In 1H
Banks-Insurance

Alpha Bank Made EUR3.9M Pretax Profit In Romania In 1H

Greek lender Alpha Bank made a pretax profit of EUR3.9 million in Romania in the first half of 2014, after losses of EUR20 million in the same period in 2013.

Oana Gavrila · 28.08.2014 · 19:03 · 1 min
Footwear Producer And Retailer Denis Sells EUR5M Worth Of Shoes In 1H
Retail&Consumer

Footwear Producer And Retailer Denis Sells EUR5M Worth Of Shoes In 1H

Romanian footwear producer and retailer Denis, based in Suceava, sold EUR5 million worth of shoes in the first half of the year, up 25% compared to the first half of 2013, and expects a simi...

Oana Gavrila · 28.08.2014 · 14:49 · 1 min
Policolor Sees 5-6% Rise In Turnover In Romania This Year, To Over EUR30M
Retail&Consumer

Policolor Sees 5-6% Rise In Turnover In Romania This Year, To Over EUR30M

Policolor, one of the largest players on the Romanian paint and enamels market, estimates its turnover in Romania will rise 5-6% this year, from EUR29 million in 2013, driven by new product...

Oana Gavrila · 21.08.2014 · 14:17 · 2 min
GTC's Galleria Malls In Arad, Piatra Neamt, Buzau Drop 17% In Value In 2Q
Real Estate

GTC's Galleria Malls In Arad, Piatra Neamt, Buzau Drop 17% In Value In 2Q

Galleria shopping malls in Arad, Piatra Neamt and Buzau, owned by real estate developer GTC, were valued at EUR29 million at the end of the second quarter, down 17% compared to the end of th...

Oana Gavrila · 21.08.2014 · 12:48 · 2 min
Raiffeisen's After-Tax Profit In Romania Down 16% In 1H, To EUR47M
Banks-Insurance

Raiffeisen's After-Tax Profit In Romania Down 16% In 1H, To EUR47M

Raiffeisen Bank International (RBI) posted a profit of EUR47 million in Romania after tax in the first half of the year, 16% lower than in the same period of 2013, due to higher taxes on pro...

Oana Gavrila · 21.08.2014 · 12:21 · 1 min