Year
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Comvex Constanta starts the year with losses
Harbour operator Comvex Constanta witnessed losses worth 0.12 million euros (0.45 million RON) for the first quarter, with the company''s turnover shrinking by 35%. In the first three months...
Outlook on Romania for the year 2010
The main goal of Romania over the next few years needs to be completing reforms started and left unfinished, such as the fiscal reform, the privatisations of the state-run companies and the...
Synergy Construct anticipates 100% growth this year
Synergy Construct, a Turkish-held constructions company, has for budgeted revenues worth 46 million euros this year, 100% higher than last year. "The doubling of the turnover is due to the m...
IDC: 92,000 laptops sold last year, twice more than in 2004
The total number of PCs (desktop computers, laptops and servers) sold last year on the Romanian market grew by 38.5% against 2004, to some 500,000 units, with brands launched by local compan...
LG expects $100m revenues this year
Electronics, IT products and mobile phones are the catalyst behind the growth of the South-Korean group LG Electronics on the Romanian market. Han Q, president of LG Romania, estimates a tur...
Agip in the black for third year in a row
Agip Romania, the domestic branch of Italy''s Eni oil giant, at the end of last year hit net income worth 1.22m euros, double the value reached in 2004. Amid the opening of the Romanian mark...
RBL sells 243m euros worth of saving-lending contracts in one year
Raiffeisen Banca pentru Locuinte will double its assets this year to 80 million euros, says Ionut Costea, the chairman of the institution, who expects to sell 70,000-80,000 saving-lending co...
Impact Bucharest disburses no dividends this year
Impact Bucharest, a real estate development company, will not distribute any dividends this year for the first time in the last nine years. The company''s chairman and main shareholder, Dan...
Elgeka Ferfelis projects 55% growth this year
The Elgeka Ferfelis Romania group, one of the most important players on the domestic distribution market, has budgeted turnover worth 65 million euros for 2006, 55% higher year-on-year. Dist...