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  • Brokered Insurance Premiums In Romania Up 7.1% In 1Q, To RON819M

    yesterday, 13:38

    Insurance brokers in Romania brokered premiums of 818.82 million lei (EUR184.3 million) in the first quarter of the year, up 7.1% from January-March 2011, according to insurance regulator CSA. more

  • Allianz-Tiriac’s Underwritten Premiums Down 10% In 1Q, To RON230M

    05.18.2012

    Romanian insurer Allianz-Tiriac’s underwritten life and non-life insurance premiums fell 10% on the year in the first quarter to 230 million lei (EUR51.7 million) and its pre-tax profit rose to over more

  • Porsche Finance Group Issued Funding Worth EUR33M In 1Q 2012

    05.17.2012

    Porsche Finance Group on Thursday announced it had granted funding worth a total EUR33 million in the first three months of the year, up 27% on the same interval of 2011. more

  • Cocor Switches To RON2.8M Loss in 1Q

    05.16.2012

    Shopping center operator Cocor Bucuresti (COCR.RO) on Wednesday reported losses of 2.8 million lei (EUR630,000) in the first quarter, versus a profit of RON1.5 million in the same interval a year ago. more

  • Titan Sales Down 22.7% In Oct-March, To RON139.8M

    05.15.2012

    Romanian milling and bakery company Titan (MPN.RO) reported sales of 139.8 million lei (EUR32.1 million) , down 22.7%, for the period October 1, 2011 – March 31, 2012, the first six months of its more

  • Ropharma Net Profit Falls To RON1.5M

    05.15.2012

    Romanian generic drugs wholesaler Ropharma Braşov (RPH.RO) Tuesday said its net profit fell to 1.5 million lei (EUR0.34 million) in the first quarter, from RON6 million in the year-earlier period. more

  • Petrolexportimport 1Q Revenue Down 35% To RON73.7M

    05.15.2012

    Romanian fuels wholesaler Petrolexportimport (PEI.RO) reported 35% lower revenue in the first quarter, 73.7 million lei (EUR16.59 million) from RON113.6 million, but the company made a profit of more

  • Boromir Prod 1Q Sales Down 18.3% To RON28.1M

    05.15.2012

    Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) reported sales of 28.1 million lei (EUR6.4 million) in the first quarter, down 18.3% on the year. more

  • Intesa Sanpaolo Loss In Romania Widens To EUR14M In 1Q

    05.15.2012

    Italy’s Intesa Sanpaolo Tuesday said its net loss in Romania widened sharply to EUR14 million in the first quarter, from EUR2.5 million a year earlier, largely due to a EUR9 million loan more

  • Armax Gaz 1Q Sales Down 46% To RON17.9M

    05.15.2012

    Romanian oil and gas equipment maker Armax Gaz Medias (ARAX.RO) reported sales of 17.9 million lei (EUR4.03 million) in the first quarter, down 46% from the RON33.4 million posted in the same period more

  • Zentiva Romania 1Q Net Profit Falls 57% On Higher Costs

    05.15.2012

    Pharmaceuticals company Zentiva Romania (SCD.RO) Tuesday said its net profit dropped 57% to 8.3 million lei (EUR1.9 million) in the first quarter, as costs rose faster than revenue. more

  • Avicola Brasov 1Q Sales Up 25% To RON27.8M

    05.15.2012

    Romanian poultry processor Avicola Brasov (AVLE.RO) reported sales of 27.8 million lei (EUR6.26 million) in the first quarter of 2012, up 25% on the year, and losses of RON167,000, from RON2.8 million more

  • Avicola Buzau Turns To Loss In 1Q

    05.15.2012

    Romanian poultry meat processor Avicola Buzau (AVZU.RO) on Tuesday said it has switched to losses in the first three months versus profit in the year-ago period, hit by a 37% decline in sales. more

  • Alro's Net Profit Falls 60% To RON49M In 1Q

    05.15.2012

    Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Tuesday said its net profit fell 58.9% on the year to 49.36 million lei (EUR11.3 million) in the first quarter, hurt more

  • Astra Asigurari Switches To Loss In First Quarter

    05.15.2012

    Romanian insurer Astra Tuesday said revenue from underwritten premiums fell 11.7% on the year in the first quarter, to 295.65 million lei (EUR66.57 million), while its bottom line turned negative, more

  • OTP Bank Romania Switches To EUR4.1M Loss In 1Q

    05.15.2012

    OTP Bank Romania, the local unit of Hungary’s financial group OTP, has switched to a loss of 1.2 billion Hungarian forints (EUR4.1 million) in the first three months, versus profit a year earlier, more

  • Prodplast Swings To 1Q Profit Vs Year-Ago Loss

    05.15.2012

    Romanian plastics producer Prodplast (PPL.RO) Tuesday said it has swung to a net profit of 1.1 million lei (EUR0.25 million) in the first quarter versus losses a year earlier, helped by a 37% increase more

  • SIF Moldova 1Q Net Profit More Than Doubles To RON26M

    05.15.2012

    Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday said its net profit more than doubled to 25.9 million lei (EUR5.8 million) in the first quarter, from RON10.4 million in the more

  • Transilvania Constructii Switches To Loss In 1Q On Costs Increase

    05.15.2012

    Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Tuesday reported a loss of about 870,000 lei (EUR196,000) in the first quarter of the year, versus a net profit of over more

  • Carbochim 1Q Revenue Down 15% To RON7.2M

    05.15.2012

    Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO) on Tuesday reported a 15% drop in its first-quarter revenue to 7.2 million lei (EUR1.6 million) and its net profit fell from RON803,000 to just more

  • Fondul Proprietatea Turns To Loss In 1Q As Revenue Falls 60%

    05.15.2012

    Romanian investment fund Fondul Proprietatea (FP.RO) saw its revenue fall to 13.4 million lei (EUR3 million) in the first quarter, from RON33.3 million in the same period a year ago, and turned to a more

  • Altur Slatina 1Q Net Profit Halves To RON293,000

    05.15.2012

    Romanian car parts maker Altur Slatina (ALT.RO) Tuesday said its net profit halved to 293,000 lei (EUR66,000) in the first quarter of 2012, compared with the same interval a year ago. more

  • Socep 1Q Turnover Slightly Up To RON13.8M

    05.15.2012

    Romanian harbor operator Socep Constanta (SOCP.RO) reported a slight increase in its first-quarter turnover to 13.8 million lei (EUR3.10 million) and a 15% rise in net profit to RON2.3 million. more

  • Impact Developer&Contractor 1Q Revenues Shrink To RON2.7M

    05.15.2012

    Romanian realty developer Impact Developer&Contractor (IMP) reported revenues of 2.7 million lei (EUR608,478) in the first quarter of the year, 3.8-fold lower from RON10.4 million in the same period more

  • Fondul Proprietatea Sees Net Assets Falling 3% In April

    05.15.2012

    Romanian investment fund Fondul Proprietatea (FP.RO) Tuesday said its net assets fell 2.94% on the month in April to 15.52 billion lei (EUR3.53 billion), mostly due to decreases in the price of listed more

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