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Compa Sibiu 2014 Profit Seen Down 11.2% To RON18.9M
Automotive

Compa Sibiu 2014 Profit Seen Down 11.2% To RON18.9M

Romanian car parts manufacturer Compa Sibiu (CMP.RO) estimates its net profit will fall 11.2% this year, to RON18.9 million, from RON21.3 million a year earlier.

Gabriela Stan · 29.04.2014 · 12:53 · 1 min
Banca Carpatica 2014 Net Profit Seen Slightly Down At RON37.7M
Banks-Insurance

Banca Carpatica 2014 Net Profit Seen Slightly Down At RON37.7M

Commercial lender Banca Comerciala Carpatica (BCC.RO) targets a net profit of RON37.7 million in 2014, slightly down from RON38.4 million a year earlier, on 5% lower revenue, at RON207.1 mil...

Gabriela Stan · 28.04.2014 · 19:43 · 1 min
Farmaceutica Remedia Sees A 10% Drop In Profit And Sales Of EUR57.4M This Year
Health

Farmaceutica Remedia Sees A 10% Drop In Profit And Sales Of EUR57.4M This Year

Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) expects a profit of RON2.7 million (EUR610,000) this year, 10% lower than in 2013, and net revenues from sales of RON258.5 mill...

Oana Gavrila · 12.03.2014 · 12:30 · 1 min
Popescu, ING: Romania’s Life Insurance Market Seen Less Than 5% Higher In 2014
Banks-Insurance

Popescu, ING: Romania’s Life Insurance Market Seen Less Than 5% Higher In 2014

Romania’s life insurance market will end 2013 at a level lower than last year’s and is expected to grow by less than 5% in 2014, way below its long-term growth potential, Marius Popescu, gen...

Ecaterina Craciun · 24.12.2013 · 13:25 · 1 min
Banks-Insurance

Garanti Sees Romanian Leasing Market Flat At EUR1.3B This Year

The Romanian leasing market could stagnate this year at EUR1.3 billion, although leasing companies were hoping for a 10% growth in the industry at the beginning of the year, Garanti Leasing...

Oana Gavrila · 21.11.2013 · 14:33 · 1 min
PayU Romania Expects Transactions Of EUR40M On Black Friday
Technology &Telecoms

PayU Romania Expects Transactions Of EUR40M On Black Friday

Over 400,000 Romanians will buy products from online retailers during the Black Friday sales campaign due on November 22 and the value of transactions will exceed EUR40 million, according to...

Ecaterina Craciun · 18.11.2013 · 13:24 · 1 min
Auchan Romania Hopes To Break Even In 2015
Retail&Consumer

Auchan Romania Hopes To Break Even In 2015

Retailer Auchan Romania, which reported profit last year for the first time since it entered the local market, plans to break even at the end of 2015, following the acquisition of 20 Real hy...

Ecaterina Craciun · 16.10.2013 · 18:34 · 1 min
Romanian Construction Market Seen At Around Half Its 2008 Level, At EUR8.5B
Real Estate

Romanian Construction Market Seen At Around Half Its 2008 Level, At EUR8.5B

Romania’s construction market will decline this year to EUR8.5–8.8 billion, from EUR9.3 billion in 2012, and from EUR15 billion in 2008, according to Laurentiu Plosceanu, head of the Romania...

Oana Gavrila · 30.09.2013 · 17:33 · 1 min
Energy

Ductil Buzau Sees Turnover Up 8% This Year, To RON160M

Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) estimates it will reach sales of 160.1 million lei (EUR36.8 million) in 2013, 8% higher than the RON148 million posted l...

Oana Gavrila · 24.04.2013 · 18:34 · 1 min