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profits

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ZF English

Small profits for SIFs

While expecting dividends to be distributed by the firms in which they hold stakes, four of the five financial investment companies (SIF) posted modest profits four months through the year....

Ziarul Financiar · 27.05.2003 · 00:00 · 1 min
ZF English

Triple Sicomed profits

Drugmaker Sicomed Bucharest has made waves on the Bucharest Stock Exchange on Wednesday, when it announced its Q1 financial results. The company's shares gained 12.2%, coming close to the ma...

Ziarul Financiar · 09.05.2003 · 00:00 · 1 min
ZF English

Restructuring cuts Electroaparataj profits

Electrical equipment maker Electroaparataj Bucharest concluded 2002 with 36.4bn ROL ($1.1 million) in net profit, according to preliminary results. Profit dropped nearly 40% in real terms co...

Ziarul Financiar · 11.03.2003 · 00:00 · 1 min
ZF English

Bermas profits soar

Beer company Bermas Suceava last year posted significantly better results, despite the market slowdown and the strong competition from international groups. Bermas turnover increased 30% in...

Ziarul Financiar · 07.03.2003 · 00:00 · 1 min
ZF English

Azomures favours sales over profits

Last year's financial performance of fertiliser producer Azomures Targu Mures was much lower than in the previous year and below the target in its spending and revenue budget. At the same ti...

Laurentiu Ispir · 04.03.2003 · 00:00 · 2 min
ZF English

Euro doubles shipyard profits

Orsova Shipyard posted net profit worth 98bn ROL ($3 million) last year, twice the previous year's results in real terms (it netted 43bn ROL in 2001). Most of the shipyards in Romania are co...

Ziarul Financiar · 24.02.2003 · 00:00 · 1 min
ZF English

Oriflame chooses volume over profits

The Romanian branch of Swedish cosmetics company Oriflame posted approximately $22.2 million turnover last year, up 47% from 2001, when sales reached $15.1 million and net losses amounted to...

Claudia Covaci · 07.02.2003 · 00:00 · 2 min
ZF English

Frozen profits for Delta ice cream

Romania's largest ice cream maker, Delta Romania, was affected by last summer's rains and by the scandal related to some salmonella-infested products.Sales increased 21% in 2002, up to 13 mi...

Claudia Covaci · 23.01.2003 · 00:00 · 1 min
ZF English

Electroaparataj sees sagging profits

The profit of Electroaparataj, the only company listed on the Plus Tier of the Bucharest Stock Exchange, kept going down throughout the third quarter. Profit dropped 34% in real terms in the...

Ziarul Financiar · 19.12.2002 · 00:00 · 1 min