ends
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OTP ends first half with over 5 million-euro losses
OTP Bank Romania ended the first half with a net loss worth over 5 million euros, most of which was accumulated in the second quarter, due to the increase in credit loss reserves by no less than 4.4 times, as well as to the 31% increase in operating spending
Stock Exchange ends its worst six months in 10 years
The BET index (which reflects the trend of the 10 most liquid shares on the Bucharest Stock Exchange (BSE), has seen an almost 33% decline since the beginning of the year, with the stock exc...
Piraeus ends summer with record sales and profit
The Greeks at Piraeus are starting to see the first effects of their massive investment campaign in the profit figures, as well. In the first seven months of 2007, the bank made 8.6 million...
Transelectrica ends the first phase of its biggest investment
Transelectrica ends the first phase of its biggest investment
World Trade Center ends 2005 in the red
World Trade Center (WTC) Bucharest, the company that owns the four-star Sofitel hotel last year made a 54.3 million RON (15 million euro) turnover, about 15% less than in 2004 and about 8 mi...
First quarter ends with changes at the top of the bank ranking
The export of loans to the balance sheets of the parent banks, as well competitive pressure have caused visible changes in the market share ranking of the banking system in the first three m...
Mittal ends 2005 with losses in Romania
Indian-born billionaire Lakshmi Mittal, ranked as one of the world''s three richest people, lost money in Romania last year, as the local operations of his steel group concluded 2005 in the...
Kandia ends 2005 with 34m euros
Chocolate producer Kandia-Excelent posted 124 million RON (34 million euro) turnover last year, an increase of 5% in RON compared with 2004, while the profit in RON was lower than in 2004. T...
Otelinox ends 2005 in the red
Special steel producer Otelinox Targoviste, part of the Korean company Samsung''s portfolio, saw losses worth 13.8 million RON (3.8 million euros) in 2005, given a 17% drop in company sales...