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Antibiotice 1H Net Profit Rises 11% To RON25.7M
Health

Antibiotice 1H Net Profit Rises 11% To RON25.7M

Romanian state-owned drugmaker Antibiotice Iasi SA (ATB.RO) Thursday said its net profit rose 11.2% on the year to 25.75 million lei (EUR5.8 million) in the first half, helped by higher sale...

Florentina Dragu · 09.08.2012 · 15:42 · 1 min
Millennium Bank Romania Narrows Loss 35% In 1H 2012, To EUR6.5M
Banks-Insurance

Millennium Bank Romania Narrows Loss 35% In 1H 2012, To EUR6.5M

Millennium Bank Romania narrowed its 2012 first-half losses by 35.2%, to EUR6.5 million from EUR10.1 million in the first half of 2011, Portugal’s Millennium bcp, which owns the Romanian uni...

Oana Gavrila · 29.07.2012 · 13:28 · 1 min
Companies

Artego Becomes New Stock Market Star After Rising 173% This Year

Artego Targu-Jiu (ARTE.RO), an employee-controlled conveyor belt maker, did what Transgaz or Transelectrica could not, that is make profit for stock market investors. Its shares have risen 1...

Adrian Cojocar · 11.06.2012 · 00:00 · 2 min
Banks-Insurance

PayPoint Romania FY Revenues Up 15%, To GBP24.2M

British specialist payments company PayPoint Plc said Thursday revenues at its Romanian unit increased 15% in the fiscal year ended in March, to GBP24.27 million (EUR30 million), mainly due...

Oana Gavrila · 24.05.2012 · 12:53 · 1 min
Antibiotice 1Q Net Profit Inches Down 2.2% To RON13M
Health

Antibiotice 1Q Net Profit Inches Down 2.2% To RON13M

Romanian drugmaker Antibiotice Iasi (ATB.RO) Tuesday reported a net profit of 12.97 million lei (EUR2.9 million) for the first quarter, down 2.2% on the year, as higher financial costs hurt...

Neagu Bogdan Mircea · 15.05.2012 · 10:30 · 1 min
Transgaz 1Q Net Profit At RON173.5M, Down 11% On Year
Energy

Transgaz 1Q Net Profit At RON173.5M, Down 11% On Year

Romanian national gas transport company Transgaz (TGN.RO) Monday reported a 11% decrease in its first quarter net profit to 173.5 million lei (almost EUR40 million), as sales inched down in...

Bogdan Neagu · 14.05.2012 · 12:37 · 1 min
Transelectrica 1Q Net Profit Falls To RON43.6M
Energy

Transelectrica 1Q Net Profit Falls To RON43.6M

Romanian power grid operator Transelectrica (TEL.RO) Monday reported a first quarter net profit of 43.6 million lei (EUR10 million), much lower than RON160.8 million in the year-earlier peri...

Bogdan Neagu · 14.05.2012 · 11:51 · 1 min
Capital Market

Compa Sibiu 1Q Profit Up 17%, To RON10.3M

Romanian car part maker Compa Sibiu (CMP.RO) posted a profit of 10.35 million lei (EUR2.3 million) in the first quarter of the year, up 17% compared to the same period a year ago.

Oana Gavrila · 11.05.2012 · 10:04 · 1 min
Banks-Insurance

Cetelem Romania Posts RON9.8M Pre-Tax Profit For 2011

Consumer lending company Cetelem Romania, owned by BNP Paribas, posted a pre-tax profit of 9.8 million lei (EUR2.2 million) under IFRS last year, and the number of loans granted increased 24...

Oana Gavrila · 08.05.2012 · 17:01 · 1 min