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Electrica Banat's profit down by half
Energy distributor Enel Electrica Banat, controlled by Italian utility giant Enel, posted a gross profit worth 19.7 million euros last year, almost half the 32.3 million euros seen in 2004,...
Lottery sees profit down to half
The Romanian Lottery last year saw a gross profit worth 29m euros, (105m RON), about half the total in 2004, although, it maintained a comparable turnover. The Romanian Lottery, one of the m...
Petromservice targets half a billion euros
Petromservice, the biggest domestic provider of services and equipment for the oil and gas industry, targets double turnover for the next 3-5 years. The company is still largely dependent on...
Broker''s profit down to half
Broker''s profit down to half
Socep profit drops by half, as anticipated
The Socep Constanta harbour operator registered net income worth 2.25 million RON (0.62 million euros) last year, more than 52% lower compared with 2004. This happened following the growth s...
Petrom to post half a billion-euro profits
Less than a year has passed since the privatisation of the largest company in Romania, and Petrom could already post more than half a billion euros in net profit, a record high for any compa...
Cement market rebound in the second half of the year
The market will see an increase of around 8% this year in terms of volume, boosted by reconstruction works following the floods. The prognosis for 2006 stands at around 3-5%. Last year, the...
Exchange rate hits lowest value for two and a half years
Exchange rate hits lowest value for two and a half years
Outsourcing accounts for half of exports
Almost half of Romanian exports in the first four months of the year were exports that "resulted from the active improvement of temporarily imported goods", commodities processed as outsourc...