Q1
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Ranbaxy Laboratories, up 50% in Q1, like last year
Indian drug maker Ranbaxy Laboratories in the first quarter of this year derived sales worth 37 million dollars (28.3 million euros) on the Romanian market, 50% more than in the similar peri...
BCR posts 62m-euro net profit in Q1, expects 40% surge
BCR's restructuring costs totalled 13 million euros in the first quarter of this year, 9 million euros of which were used for a special risk reserve, according to the data revealed in Vienna...
Turbomecanica's profit halves in Q1
Turbomecanica Bucuresti, manufacturer of aircraft engines, has posted an approximately 0.53 million-RON (0.15 million-euro) net profit in the first quarter of 2007, down to less than half of...
Orange Romania's revenues up 29% to 283.3 million euros in Q1
Orange Romania's revenues increased in the first quarter of this year by 29.1% to 283.3 million euros, while the number of recorded customers increased by 16.4% to 8.271 million, according t...
Funds manage to gain only one investor a day in Q1
The over 30 mutual funds available on the Romanian market have managed to attract only 84 investors in the first quarter, on top of the number of investors already acquired last year, accord...
Broker's profit sees 38% rise in Q1
Cluj-based brokerage company Broker made a gross profit worth 8.84 million RON (2.61 million euros) in the first quarter of this year, 38% higher than in the same period last year. The value...
Car market up 19.4% in Q1
The overall growth rate of the car market reached 19.4% at the end of the first three months of the year, against a 4.3% rise in the first quarter of last year. However, the figure is three...
Arctic posts 40 million-euro turnover in Q1
Home appliances producer Arctic Gaesti, the biggest such manufacturer on the domestic market, has posted a turnover of 40 million euros for the first quarter of this year, largely due to inc...
Beer multinationals see 37% sales increase in Q1
Beer sales of the multinational companies present on the local market (Heineken, Interbrew, United Romanian Breweries Bereprod and Ursus Breweries) increased by 37% in terms of volume in the...