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Petrotub logs bigger losses
The financial situation of Petrotub Roman, a producer of cast iron and steel tubes, has significantly worsened in the first half of the year, at a time when the company's privatisation seems...
Rompetrol logs $560m H1 turnover
Rompetrol, the main private oil group on the Romanian market, posted H1 turnover worth 560 million dollars and EBITDA amounting to 21.7 million dollars. During the same interval, the group's...
Electrolux logs 94% first half growth due to consumer credits
The strong growth in the sales of the home appliance retail chains following the introduction of the hire purchase has also influenced their main suppliers, i.e. the producers. World's leadi...
BCR logs $164 million in net profit
Banca Comerciala Romana (Romanian Commercial Bank - BCR)'s net profit amounted to $164 million last year, up 12.3% in dollars compared with 2001. The profit in ROL went up 19.4%, that is onl...
Wella Romania logs 6m euro sales
Wella Romania, branch of German hair care products company Wella AG, last year posted more than 6 million euros in turnover, up 29% since 2001. Company officials told Ziarul Financiar that W...
Aro logs $7.3 million losses
Carmaker Aro Campulung at the end of last year posted losses of more than $7.3 million (243.1bn ROL), up 92% from the $3.8 million (131.7bn ROL) logged in 2001, according to the company's pr...
Flamingo logs $63.7m sales
Flamingo Computers, Romanian importer and dealer of IT equipment, posted $63.7 million turnover in 2002, up about 35% since the previous year, the company management says. The new results wi...
BCR logs $163m consolidated net profit
Banca Comerciala Romana (Romanian Commercial Bank - BCR) Group ended last year with 163 million dollars in net profit and estimates a 10-15% increase for this year, BCR president Nicolae Dan...