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Mediplus posts $66m turnover
Mediplus Bucharest, a distributor of pharmaceutics and cosmetics, last year posted $66m turnover. According to the company's chairman Dragos Dinu, Mediplus ranks first on the retail market a...
Romanian Development Bank posts moderate growth
The Romanian Development Bank (BRD)-Groupe SociAétAé GAénAérale, Romania's second-largest bank, last year saw moderate growth for its main financial indicators. Net profit, expre...
Dacia posts 86 million euro losses
More than three years since takeover by the French group Renault, Romanian carmaker Dacia is still logging losses, although turnover is going up.Dacia Pitesti last year posted 86 million eur...
Allianz-tiriac posts 77% growth
Insurer Allianz-tiriac has announced a 77% increase in the gross premiums collected from general insurance contracts in 2002, to 92 million euros, compared with 52 million euros in 2001. Thi...
Xerox Romania posts $5.9m profit
The Romanian branch of Xerox ended 2002 with $28.3 million turnover, up 5% since 2001, while profit amounted to $5.9 million. The company officials feel these results reflected "the best yea...
Orange Romania posts 393m euroS in 2002 revenues
Orange Romania, the second leading mobile telephony operator in Romania in terms of customer base, ended 2002 with 393 million euros in turnover.The data was published on the website of its...
Insurance market posts 40% growth to $480m
The insurance market in the first eleven months of 2002 amounted to 15,051bn ROL, namely $456 million, the representatives of the Insurance Supervision Commission estimate. The full-year mar...
Marriott posts 15% increase
The Bucharest Marriott Grand Hotel last year logged some $23 million in turnover, up 15% since 2001, Richard Zeolla, the hotel's general manager told Ziarul Financiar. Zeolla forecasts simil...
Rompetrol posts record turnover growth
Rompetrol Downstream, the fuel distribution arm of Rompetrol group, estimates turnover worth $145 million this year, almost four times higher as compared to last year. Although it started ou...