budgets
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Transelectrica budgets 45m-euro profit
The national grid company Transelectrica, which is to be listed on the Stock Exchange in the following months, estimates a 30% growth in its net profit to some 45 million euros this year, ac...
SIF Oltenia budgets 20m-euro profit
SIF Oltenia has budgeted the highest profit among the SIFs for this year, with the company estimating to post a net profit worth 70.4 million RON (20.1 million euros at a 3.5 RON/euro averag...
Generali budgets 50m-euro revenues
Generali Asigurari has budgeted over 50 million euro (177 million RON) revenues for this year, an increase of almost 40% on 2005. "We set out to achieve 140 million RON (40 million euro) sal...
Carpatica budgets 9m-euro profit
Banca Carpatica intends to increase its net profit by 73% this year, to almost 31 million RON (some 8.8 million euros). The gross profit should follow the same line and reach 35 million euro...
Matizol budgets 9.3m euros for this year
Matizol Ploiesti, a producer of waterproofing products, has budgeted revenues worth some 9.3 million euros, according to company officials. Matizol Ploiesti was taken over by the Swiss group...
Vrancart budgets a net profit of 1.4m euros
Paper and cardboard manufacturer Vrancart Adjud budgeted a 60-million RON turnover for this year (some 17.1 million euros for an average exchange rate of 3.5 RON/EUR), a rise of some 22% aga...
Broker Cluj budgets 4.5m-euro profit
Broker Cluj, the only brokerage firm listed on the Stock Exchange, has budgeted a gross profit of 16 million RON (4.5 million euros at a 3.5 RON/EUR exchange rate), an increase of 6.7% again...
Holcim budgets 190m euros for this year
Construction materials manufacturer Holcim Romania, the local branch of the Swiss group, estimates to see a growth of 14% in turnover this year, to 684 million RON (190 million euros). "We e...
Turbomecanica budgets over 5m-euro profit
Turbomecanica Bucharest, the only manufacturer of jet and turbojet engines in Eastern Europe has budgeted a net profit of 18 million RON (5.14 million euros) for this year, up 5% compared wi...