12.31.2013

Aqua Carpatica, the mineral water brand created by businessman Jean Valvis in 2010, has come to compete against traditional brands such as Borsec and Dorna in the past few years. more

10.31.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) said Thursday its net profit rose 61% on the year to 19 million lei (EUR4.31 million) in the first nine months of 2013. more

10.29.2013

Romanian insurer Carpatica Asig Tuesday said it underwrote premiums of 357.95 million lei (EUR80.6 million) in the first nine months of 2013, up 73% from RON206.98 million in the same period in 2012. more

10.01.2013

Romanian lender Banca Comerciala Carpatica Tuesday elected three Supervisory Board members extending the mandates of two of its old members, Nicolae Petria and Doina Toader. more

09.25.2013

Banca Comerciala Carpatica (BCC.RO), the only Romanian-held bank listed on the Bucharest Stock Exchange, needs an additional EUR10 million to EUR30 million, chief executive officer Johan Gabriels more

08.19.2013

Romanian insurer Carpatica Asig Sibiu Monday said it underwrote premiums of RON228.96 million in the first half of 2013, up 77% from RON128.75 million in the same period in 2012. more

08.14.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) Wednesday said first-half net profit rose 74.6% on the year to 16.1 million lei (EUR3.63 million), on higher revenue from lending. more

05.23.2013

Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more

05.22.2013

Romanian insurer Carpatica Asig Sibiu said Wednesday it underwrote premiums of 125.9 million lei (EUR28.9 million) in the first quarter of 2013, up 95.4% from the same period in 2012. more

05.14.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) Tuesday said its first-quarter net profit rose 75% on the year to 14.9 million lei (EUR3.44 million), on higher revenue from lending operations. more

04.18.2013

Romania’s central bank has authorized the appointment of Johan Gabriels as chief executive officer of lender Banca Comerciala Carpatica (BCC.RO), the latter said in a statement Thursday. more

03.28.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) estimates its net profit will rise 34.8% to 33.7 million lei (EUR7.6 million) in 2013, helped by fewer costs with interest rates, the bank said in more

03.06.2013

Romanian insurer Carpatica Asig said Wednesday it underwrote premiums of 298.3 million lei (EUR68.4 million) in 2012, up 50% on the year. more

02.15.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday reported a net profit of 25 million lei (EUR5.6 million) for 2012, from a net loss in the previous year. more

02.01.2013

The supervisory board of Romanian lender Banca Comerciala Carpatica (BCC.RO) has appointed Johan Gabriels as chief executive officer and chairman of the Executive Board, the bank said in a statement more

12.18.2012

Magdalena Manea has been elected member in the supervisory board of Romanian lender Banca Comerciala Carpatica (BCC.RO), the bank said Tuesday. more

11.14.2012

Romanian insurer Carpatica Asig said Wednesday its revenues from underwritten premiums increased 40.4% in the first nine months of the year to 206.9 million lei (EUR45.5 million). more

11.14.2012

Romanian lender Banca Comerciala Carpatica (BCC.RO) posted net profit of 12 million lei (EUR2.7 million) in the first nine months, close to the level estimated for the full-year result, the bank said more

11.01.2012

Romanian insurer Carpatica Asig Sibiu on Thursday said it underwrote premiums of 11.1 million lei (EUR2.4 million) on the segment of home insurance policies in the first nine months of 2012, up 71% more

10.12.2012

Ion Dobrica has been appointed interim general manager of Romanian lender Banca Comerciala Carpatica (BCC.RO) to replace Nicolae Surdu, whose three-year term has expired. more

08.14.2012

Romanian lender Banca Comerciala Carpatica (BCC.RO) has swung to a pretax profit of 11.9 million lei (EUR2.7 million) in the first half versus losses a year earlier, the bank said in its financial more

06.27.2012

Romanian insurer Carpatica Asig wants to increase underwritten premiums by 40% this year, from just over 200 million lei (EUR45 million) in 2011. more

06.13.2012

The sentencing of Ilie Carabulea, Banca Carpatica (BCC.RO)’s largest shareholder, to 18 months in prison for bribery came as a shock to the market. The bank’s shares have somewhat recovered from more

05.16.2012

Marian Mirzac and Cosmin Angheluta, former executive managers of Romanian insurer Astra Asigurari, were appointed general manager and deputy general manager, respectively, of insurance company more

04.24.2012

Romanian Banca Comerciala Carpatica (BCC.RO) posted a net profit of 8.54 million lei (EUR1.9 million) in the first quarter, compared with losses of RON13.5 million in the same period of last year, more