Year
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Patrick Gelin, BRD: A satisfactory start to the year
BRD-SocGen, the second-largest bank on the market, made net profit of 168 million RON (around 51 million euros) in the first quarter, up 12% on the same time last year. However, the return o...
Irum Reghin anticipates 8.9m-euro turnover this year
Reghin-based Irum, which manufactures farming and forestry equipment, estimates a turnover worth 8.93 million euros this year, up 26.7% on 2006, when the company saw sales of around 6.55 mil...
2.2bn-euro bonds sold by Finance Ministry this year
Liquidity on the monetary market fell sharply at the end of last month. In April alone, the Treasury absorbed 1.5 billion RON by selling T-bills. If adding the T-bills issued in the first tw...
ALB: Leasing of goods to top 4bn euros this year
The leasing market will be further dominated by the members of the Leasing and Non-Banking Financial Services Association (ALB) in 2007 as well, considering that the Association estimates it...
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...
Generali, Ardaf and RAI could merge this year
Italy's Generali group is to combine its operations with the PPF Czech group in Central and Eastern Europe, which will lead to a possible merger between Generali, Ardaf and Roumanie Assuranc...
Breakfast cereals: a 30m-euro market per year
The daily breakfast cereal serving that companies such as Nestle, Loulis, European Food or Dobrogea Group are vying over, is still quite small in Romania when compared with other European st...
CEC targets 15m-euro profit this year
CEC (The Romanian Savings Bank) posted a 24 million-RON (7 million-euro) gross profit in the first quarter of this year, an increase of 60% against the same period in 2006. "CEC's budget for...
Leasing market up 62% last year
The leasing market, in terms of the value of assets financed reached 3.26 billion euros last year, an increase of 62% on the 2.01 billion euros registered in 2005, according to the data of t...