financial results
18 articole · RSS
BRD sees 501m-lei net income in 2010
BRD-SocGen, the second biggest bank in terms of assets, ended 2010 with net income worth almost 501m lei, down 36% from 2009, in line with the Romanian accounting standards (RAS).
Millennium sees 24m-euro losses in 2010, return to profit delayed
Portuguese Millennium Bank delayed to 2013 the return to profit of its Romanian subsidiary, opened in the autumn of 2007, given that it posted a 24m-euro loss last year.
Vodafone reports decline slowdown: -9% in the last 3 months of 2010
Vodafone Romania's number of clients climbed by around 141,000 from the same period of the previous year to 9.804 million, but dropped against September 2010.
Alpha makes 10m-euro gross profit in Q3, up 23%
Greek group Alpha Bank, which controls one of the top ten local banks by assets, reported a 10.2 million-euro gross profit in the third quarter from operations carried out in Romania, up 23%...
OTP posts 7 million-euro losses in Q3
OTP Bank Romania, the local branch of the biggest Hungarian financial group, posted 7.6 million euros in losses in the third quarter, the same as in the previous quarter, considering it cont...
Vodafone revenues down 12% to 425m euros
Overall revenues of Vodafone Romania fell by 12.4% in the first half of fiscal year 2010-2011 ended on September 30th, to 425.7 million euros, with the EBITDA down by 20.5%, to 177.1 million...
Orange: Revenues down mainly on prepay segment
Orange Romania's revenues slid by 8.7% in the third quarter from a year ago, to 246m euros, amid the difficult economy and the fallout from the VAT hike and public sector salary cuts.
DIY leader Praktiker sees worst sales decline: 25% after VAT hike
Germany's Praktiker network, the biggest DIY retailer domestically, with 257m-euro turnover in 2009, in the third quarter of this year saw its sales fall by 25% against a year ago, the steep...
SEWS expects 20% sales decline in Q4
Wiring systems manufacturer SEWS estimates this year's financial results will be hurt by activity in the second half of the year, following the recession on the European automotive market