Q2
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Pharmaceutical market recovers in Q2
The local pharmaceutical market rose 12.3% in the first half of this year and reached 3.4 billion RON (938.2 million euros), according to data from market research company Cegedim Romania. After 4-5% rises over the previous three quarters of the year, the phar...
PRO TV posts 38.3m-dollar operating income in Q2
The company's turnover amounted to 79.84 million dollars, compared with 52.22 million dollars in the second quarter of 2007- a 53% increase. This puts PRO TV's profit margin at almost 48%. I...
Q2 industry advance, slowest rate of the past year and a half
Industry in the second quarter increased by only 4.4% and slowed down significantly after the first three months of this year, when the rate hit 7.8%. The Q2 growth rate was the slowest reco...
Romtelecom: 1.4m-euro net profit in Q2
Romtelecom, the largest fixed telephone operator in Romania, posted net profit worth 1.4 million euros in the second quarter of this year compared with losses worth 4.2 million euros in the...
Alro sees income drop in Q2
Alro Slatina, a producer of primary aluminium, reported an income worth 24.1m euros (79.4m RON), in the second quarter of this year, 25% down (in euros) against the same period last year. Th...
16% lower profit for Impact in Q2
Impact Developer & Contractor (IMP) company generated a net income worth 8.6m RON (2.5m euros) in the second quarter of this year, above the budgeted level and 16.5% lower against the corres...
Transelectrica, 26% lower income in Q2
Grid company Transelectrica Bucuresti (TEL) has registered a net income worth 12.15m RON (3.77m euros) for the second quarter of the year, down 26% against the same period last year. The com...
Carrefour witnesses 27% sales increase in Q2
The sales of Carrefour Romania increased by 27% in the second quarter of this year, against the same time in 2006 (leaving aside exchange rate fluctuations), with the company only opening on...
Millennium Bank: full throttle in Q2
The Portuguese-owned Millennium Bank, which at the end of 2006 was granted a licence to operate in Romania, has so far recruited over 100 individuals, with a view to starting operations in t...