euros
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Kota expects 6m euros
Kota Construct Bucharest expects turnover worth about six million euros this year, up from the 2.8 million euros posted last year. "The evolution of financial indicators is sustained by seve...
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...
HVB Bank Romania sees 3.74m euros in H1 net profit
HVB Bank Romania, a branch of the German financial group, reported net profit worth 141 billion ROL (3.74 million euros) in the first half of 2003, up 22% in nominal terms as compared with t...
Brainconf H1 sales - 6 million euros
Romanian apparel company Brainconf Braila logged H1 sales worth 219.5 billion ROL (6 million euros), up 30% in ROL (4% in euros) since the year-ago period (170.4 billion ROL). At the same ti...
Banca tiriac operating profit - 16m euros
Banca tiriac posted 586.4bn ROL (some $15.8m euros) operating profit in the first six months, up 300% in nominal terms as compared with the corresponding period of last year, according to ba...
Sovata posts 0.36m euros in revenues
Hungarian group Danubius Hotels, which controls Balneoclimaterica Sovata company through its Salina Invest Targu Mures branch, at the end of the first half posted losses of 8.8 million euros...
Ecological dumpsites collect millions of euros annually
Environment protection has Romania striving to meet EU standards, but has also engendered a highly profitable business: ecological dumpsites. The business of ecological deposits has huge pot...
Hidroelectrica loses 3.5 million euros, blames drought
The effects of the lack of rain we have seen lately are starting to reverberate throughout the economy like in a game of domino. Danube's flow has reached the last 160 years' low, which impa...
44m euros recovered by AVAB
The Banking Assets Resolution Authority (AVAB) logged 1,634bn ROL (43.8 million euros) in revenues in H1, this year, up 27.3% since the year-ago period. The bulk of revenues was made in the...