14 nov 2011

Romanian state-owned medicine maker Antibiotice Iasi (ATB.RO) on Monday reported a 17.7% year-on-year increase in its nine-month net profit, to 24.85 million lei (EUR5.9 million), form RON21.11 more

14 nov 2011

Measuring device maker Electromagnetica (ELMA.RO) on Monday reported a net profit of 17.04 million lei (EUR3.92 million) for the first nine months, down 25.1% from RON22.76 million in the same more

14 nov 2011

Regional investment fund SIF Muntenia (SIF4.RO) on Monday reported a net profit of 13.2 million lei (EUR3.1 million) for the first nine months, compared to RON28.3 million in the same interval of more

14 nov 2011

Italian group UniCredit on Monday announced a pretax profit of EUR33 million in Romania for the first nine months, down 45% from EUR59 million in the same interval of 2010. more

14 nov 2011

Romanian cardboard box maker Ecopack Ghimbav on Monday reported a net profit of 3 million lei (EUR715,000) for the first nine months, compared to RON52,520 in the same interval of 2010. more

14 nov 2011

Sales seen between January and September by Romanian medicine maker Biofarm Bucuresti (BIO.RO) rose 12% on the year, to 67.2 million lei (EUR16 million), from RON59.7 million in the same interval of more

14 nov 2011

Romanian tube maker TMK Artrom Slatina (ART.RO), owned by Russian steel group TMK, on Monday reported a net profit of 61.3 million lei (EUR14.6 million) for the first nine months of the year, compared more

14 nov 2011

Shareholders of Romanian lender BCR on Monday approved a share capital increase of up to 644 million lei (EUR148.2 million), to RON1.7 billion, and rejected a proposition to float the bank’s stocks, more

14 nov 2011

Romanian state-owned electricity producer Electrica expects to obtain up to EUR210 million between 2012 and 2017 from green certificate sales. more

14 nov 2011

Romanian train parts maker Electroputere Craiova (EPT.RO) posted a net loss of 48.92 million lei (EUR11.26 million) in the first nine months, wider than RON37.63 million in the same interval of 2010. more

14 nov 2011

The Romanian leu saw a slight weakening tendency in late trade Monday and by the end of the session it had lost all the ground gained earlier, while other currencies in the region were seeing a more

14 nov 2011

Swedish private equity firm Oresa Ventures has taken over office supplies distributor RTC Proffice Experience, part of the RTC group, which is owned by businessman Octavian Radu. more

14 nov 2011

The Bucharest bourse closed down Monday, on low traded values, while the five regional investment funds, or SIFs, managed to stay in positive territory. more

14 nov 2011

The public offer whereby the Romanian Economy Ministry wants to sell 15% in national power grid operator Transelectrica (TEL.RO) will most likely be launched in spring next year, one of the brokers more

14 nov 2011

Romanian footwear retailer Otter Distribution on Monday said it has reported an operating profit of EUR1.3 million in January to September, 17% higher than in the same period a year before. more

14 nov 2011

Romania’s Economy Ministry on Monday signed a contract with the consortium set to broker the sale of a 15% stake in power grid operator Transelectrica (TEL.RO). more

14 nov 2011

A series of investors in renewable energy decided to give up EU funding to finance their projects, and chose the green certificate support scheme, which gives them higher profit and frees up EU funds more

14 nov 2011

Romanian construction firm Transilvania Constructii (COTR.RO) Monday reported a net profit of 1.3 million lei (EUR323,000) for the first nine months, compared to RON49,000 in the same interval of more

14 nov 2011

The energy price increase caused by the Romanian support scheme for renewable energy is not a very large sum, it's "only a few lei extra," Monday said Mircea Cotosman, adviser on environmental issues more

14 nov 2011

Romanian household appliance maker Electroarges (ELGS.RO) on Monday reported a net profit of 5.36 million lei (EUR1.23 million) for the first nine months, roughly the same as RON5.4 million in the more

14 nov 2011

Romanian construction company Concefa Sibiu (COFI.RO) Monday reported a loss of 11.5 million lei (EUR2.7 million) in the first nine months, from a net profit of RON2.3 million in the same period of more

14 nov 2011

Romanian state-run chemical plant Oltchim on Monday announced it will sent some 1,000 employees into furlough, between November 15 and 30, continuing a cost cut program launched in August because of more

14 nov 2011

Romanian state-owned chemical company Oltchim (OLT.RO) Monday reported a loss of some 110 million lei (EUR26 million) in the third quarter, cumulating a negative result of RON179.7 million in the more

11 nov 2011

The Bucharest bourse closed up Friday, on reduced traded volumes, while the bulk of activity focused on the main investment funds and lender Erste Group Bank (EBS.RO). more

11 nov 2011

The managing board of hydropower producer Hidroelectrica will notify all clients that force majeure will be maintained, despite a Chamber of Commerce decision to cancel the force majeure approval. more