Q1
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Electromontaj Carpati: 29% higher business in Q1
Sibiu-based Electromontaj Carpati, operating in the field of constructions for the energy industry, posted a 3.9 million-RON (1.2 million-euro) turnover in the first quarter of the year, alm...
Benvenuti doubles shoe sales in Q1
Footwear group Benvenuti-Equipe, set up in 2004 by Dan Pavel, one of the founders of Leonardo, the biggest domestic footwear retailer, posted a 3.1 million-euro turnover in the first three m...
Mondial turnover exceeds expectations in Q1
Lugoj-based Mondial, a manufacturer of sanitary ware and a division owned by the German Villeroy & Boch group, expects to derive a turnover of 33.5 million euros this year, an increase of ar...
Egnatia Leasing triples funding in Q1
Egnatia Leasing, a part of the Greek financial group Egnatia, funded goods worth 42.2 million euros in the first quarter of this year, almost three times as much as in the same period in 200...
Libra Bank steps into the black in Q1
Libra Bank, a small player in the banking system, held by American investment fund NCH, has posted a net profit worth 341,725 RON (101,000 euros) for the first quarter of this year. The bank...
Garanta sees 55% growth in Q1
Garanta Asigurari (Garanta Insurance), a member of the Greek financial group National Bank of Greece (NBG), underwrote gross premiums worth 21.2 million RON (6.27 million euros) in the first...
PharmaFarm doubles losses in Q1
Cluj-based drug distributor PharmaFarm posted losses worth 3.56 million RON (1.1 million euros) in the first three months of this year, up 127% against the same time last year. The company's...
Turnover of Lafarge Agregate si Betoane up 2.7 times in Q1
The turnover of Lafarge Agregate si Betoane (Lafarge Aggregates and Concrete) rose 2.7 times in the first three months of the year, against the same time in 2006, reaching 17.17 million RON...
Omniasig Viata: Q1 growth rate below market level
The Omniasig Viata insurance company, controlled by the Vienna Insurance group, underwrote gross premiums worth 12.7 million RON (3.8 million euros) in the first quarter of this year, up 17%...