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Omniasig derives 5.4 million-euro profit in six months

Omniasig therefore remains one of the most profitable companies on the insurance market, along with ING Asigurari de Viata and AIG Life. The company posted gross profit worth 12 million euros last year. Omniasig's business went up by 63% in H1 and reached 614

Angela Placinta · 22.08.2008 · 20:31 · 2 min
ZF English

Electromagnetica doubles business, and derives 10-fold higher profit

Electricity producer Electromagnetica (ELMA) posted 9.2 million RON (2.5 million euro) net profit in the first quarter of this year, more than 10 times higher than in the same time in 2007,...

Ziarul Financiar · 05.06.2008 · 19:22 · 1 min
ZF English

Bank of Cyprus derives profit in Romania

The local branch of Bank of Cyprus, which launched operations almost a year ago, has managed to derive a profit in the first quarter, posting net income worth 1.3 million euros. The start of...

Ziarul Financiar · 04.06.2008 · 20:55 · 1 min
ZF English

Zaharul Ludus derives over 1.6m-euro profit

Sugar producer Zaharul Ludus, based in Mures county, ended the first quarter of the year with net profit worth 5.9 million RON (1.6 million euros), much higher than the 87,000-RON income see...

Ziarul Financiar · 20.05.2008 · 21:30 · 1 min
BRD derives 70m-euro net profit in Q1
ZF English

BRD derives 70m-euro net profit in Q1

BRD, the second-largest bank on the market, posted profit worth 70 million euros (259 million RON) in Q1, up 37% on 2007. In RON, the difference was a 54% increase, after the RON depreciated...

Ziarul Financiar · 15.05.2008 · 19:49 · 1 min
ZF English

Aqvila Club derives 50% of business from teambuilding

Aqvila Club, a four-star hotel in Rucar commune held by three local entrepreneurs, derives 50% of its turnover from teambuilding activities, which are organised for companies such as Petrom,...

Ziarul Financiar · 17.04.2008 · 21:11 · 1 min
ZF English

AIG Romania derives turnover worth 28m euros

AIG Romania, the local general insurance division of the largest insurance group worldwide, American International Group, closed last year with turnover worth 94.3 million RON (28.2 million...

Ziarul Financiar · 11.04.2008 · 20:37 · 1 min
ZF English

Unifertrans derives 31 million euros in 2007

Unifertrans, a rail freight company, part of the Unicom group, posted turnover worth 31 million euros last year, an approximately 7% increase on the previous year. "For this year, we intend...

Ziarul Financiar · 10.04.2008 · 20:28 · 1 min
ZF English

Poliflex derives 40m euros from polyurethane foam

Poliflex, a domestic producer of flexible polyurethane foam, forecasts turnover worth 40 million euros this year, up approximately 15% on 2006. In terms of total sales, the Sibiu-based compa...

Ziarul Financiar · 26.03.2008 · 20:12 · 1 min