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Ardaf posts 45% growth
Insurance company Ardaf finished last year with over 64.5 million euros (233.9 million RON) in revenues, according to company estimates, witnessing a 45% increase in euros as compared with 2...
Sofitel posts 8.4m-euro revenues
Sofitel, a 202-room hotel, posted an increase in turnover of approximately 10% in 2005, to 8.4 million euros, which exceeded the forecasts made by its management early in the year. "We had a...
Distrigaz Nord posts losses
The natural gas distribution company that became party of E.ON Ruhrgas'' portfolio anticipates 27 million euro losses for 2005. "The results are most disappointing for Distrigaz Nord," state...
Hilton posts 23m-euro turnover
Hilton Hotel achieved a growth in turnover of up to 14% last year, totalling some 23 million euros. "Demand is very high and the proximity to the European Union is certainly an important fac...
RomTelecom posts 213m-euro profit
RomTelecom''s profits are almost four times higher than in the same period of last year. The company''s officials said that, in the first nine months of this year, operational revenues climb...
Medicover posts 50% growth
Medical service provider Medicover posted approximately 50% growth in revenues on the domestic market in the first nine months, increasing to 4.7 million euros. The revenues for the third qu...
Thriving Petrom posts nine-month profits of 389 million euros
Petrom expects to make 10.97bn RON (some 3.07bn euros) in turnover in 2006 and net profit of 1.97bn RON (some 552 million euros), a company release shows. The 2006 indicators were calculated...
Cocor posts 2.6m-euro net profit
Cocor, the company that owns the shopping complex operating under the same name in Bucharest, posted 2.6 million euro (9.6 million RON) net profit in the first nine months of the year, nearl...
Impact posts 3.6m-euro net profit
Real estate developer Impact made 96.2 million RON (26.6 million euro) turnover in the first nine months of the year according to report filed with the CNVM (National Securities Commission)....