Real Estate
Allianz-Tiriac 1H Net Profit Up 33%, To RON7.2M
Insurer Allianz-Tiriac Asigurari had revenues of RON464.6 million from general and life insurance premiums in the first half of the year, up nearly 1%, while its net profit rose 33.3%, to RO...
Romanian Highways Cost EUR3M - EUR23M/Km, Bulgarian Highways Cost EUR2M/Km
The most expensive highway section built in Romania in the past few years is Gilau-Campia Turzii-Turda, with an average cost per km of around EUR23 million, shows a ZF analysis based on data...
Kronospan Expects 15% Growth Despite Flat H1
Kronospan Romania, one of the largest local wood processing industry companies, expects revenue growth of 15% this year despite flat sales in the first half.
Allianz-Tiriac To Sell Mandatory Home Insurance Under Protocol With PAID
Insurer Allianz-Tiriac Asigurari has signed a collaboration protocol with the Pool of Insurance Against Natural Disasters (PAID), which allows it to distribute mandatory home insurance polic...
Prefab Revenues Up 27% On Year To RON44M In 1H
Romanian building materials maker Prefab (PREH.RO) reported revenues of 44 million lei (about EUR10 million) for the first half of 2013, up 27% from RON34.6 million in the similar interval a...
INS: Adjusted Construction Works Down 2.4% On Month In June
Romanian construction works fell 2.4% in June from a month earlier, due to declining activity in all sectors, the statistics institute INS said Thursday.
Ductil Buzau 1H Turnover Up 8%, To RON80M
Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO)said Wednesday its first-half turnover stood at RON80.1 million (EUR18.2 million), up 8% from the first half of 2012, and...
Insurers Outside PAID May Sell Mandatory Home Insurance Under Collaboration Protocols
Insurers that are not part of the Romanian Pool of Insurance Against Natural Disasters (PAID) will be allowed to sell mandatory home insurance policies under collaboration protocols with PAI...
RA-APPS Starts Direct Negotiation Sale Of State Property For 30% Less Than Auction Prices
Romania's state property authority RA-APPS has started direct negotiation procedures for the sale of property in its portfolio, at prices 30% lower than asked at auctions it held this year d...