H1
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Oriflame: profitability up 25% in H1
Swedish-based cosmetics producer Oriflame saw its profitability rate increase by 25% in the first half of the year against the same period in 2006, company data shows. During the same period...
Banca Transilvania posts 24m-euro profit in H1
Cluj-Napoca-based Banca Transilvania (listed as TLV on the Bucharest Stock Exchange), the biggest bank with Romanian private capital, has posted net profit worth 79.55 million RON (24.1 mill...
Ardaf turnover, down 30% in H1
Insurance company Ardaf registered a 30% drop (in euros) in gross underwritten premiums, to a volume of 24.3m euros in the first half of the year, according to data sent by the company to ZF...
Astra H1 turnover climbs to 57m euros
Astra Asigurari in H1 underwrote gross premiums worth almost 190m RON (57m euros), up 2.5% against the results generated during the same period of 2006. General insurance premiums rose by al...
Industry slows down in June and H1
The plus registered by industry dwindled during the first half of this year. Production growth slowed down to 6.1% in the first half, from 7.7% in the first 3 months, in line with data relea...
UniCredit Tiriac: 56m-euro gain in H1
Unicredit Tiriac, the domestic branch of the Italian giant UniCredit, posted gross profit worth 56 million euros in the first half of the year. In comparison, in the same period last year, U...
Orange revenues, up 24% in H1, to 578m euros
Revenues generated by mobile telephone operator Orange Romania in the first half of this year soared by 24.3% against the same time last year, reaching 578m euros, amid an increase in the nu...
European Drinks: exports up 46% in H1
Viorel Micula, chairman of the European Drinks group, the bottler of mineral water Izvorul Minunilor, says the company's sales on foreign markets increased by 46% in the first half of this y...
H1 results exceed expectations
The first results reported by domestic companies at the end of the first half of this year indicate that the growth rate of Romanian businesses has not slowed down; on the contrary, in some...