cashes
11 articole · RSS
BRD vice-president cashes 200,000 euros for stake
On Friday, Petre Bunescu, BRD vice-president and the manager who owns the largest interest in the bank, sold a stake of 46,000 BRD shares on the Stock Exchange, for which he collected more than 200,000 euros. At the end of last year, Bunescu owned a stake of a...
Oriflame cashes in on real estate
Oriflame Romania, the domestic branch of Swedish cosmetics producer Oriflame, has grown fond of its deals on the real estate market after making almost 1.4m euros in profits from the sale of...
AIG Life cashes 14.8m euros
Insurer AIG Life cashed premiums worth 556.5bn ROL ($16.7m or 14.8m euros) last year, up more than 60% from 2002. The growth in euros accounted for 41%. "We exceeded our target to reach a po...
Crowne Plaza cashes $8.4m
Bucharest-based hotel Crowne Plaza logged $8.4m turnover last year, up from $7.1m in 2002, while the occupancy rate went up 22%. "We have exceeded our initial estimates for last year. Octobe...
Unita cashes 17.4m euros
Insurer Unita Timisoara cashed 644.9bn ROL (17.4m euros) from insurance premiums in the first six months of 2003, up from the 295.7bn ROL (some 7m euros) posted in the year-ago period. Premi...
SAR Transilvania cashes $3.1m
SAR Transilvania Cluj-Napoca scored 102.4bn ROL (some $3.1m) in insurance premiums in H1, 2003, up 81% since the year-ago period, when the company saw 56.6bn ROL in revenues. "The first half...
Garanta cashes 730,000 euros
Garanta, the Greek-Romanian insurance-reinsurance company recorded gross underwritten premiums worth 32.5 billion ROL (898,000 euros) in Q1, 2003, up 62% in ROL as compared to the year-ago p...
Astra Asigurari cashes $25m
Insurer Astra last year cashed gross premiums worth about $25m (823bn ROL), up 30% in dollars and 47% in ROL since the previous year. The company estimates to cash 40% more this year in ROL,...
AGI cashes $7.1m
Insurance company AGI Romania last year cashed gross premiums worth $7.1 million (235 billion ROL), up 70% in dollars since 2001. The company is undergoing "full activity reevaluation and re...