reports
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GSK Bucharest reports 2.4m-euro losses for 2005
The Bucharest branch of UK's GlaxoSmithKline (GSK) pharmaceutical group reported losses standing at 2.4 million RON (662,000 euros) for last year, after having derived income worth 5.7 milli...
Aviva reports 62% growth
Life insurance company Aviva closed last year with underwritten premiums worth 13.5 million euros (almost 49 million RON), 62% more than in 2004. The company did not reveal its profit figure...
Altex reports 275m-euro turnover
Altex, a distributor of electrical home appliances and IT&C products, ended last year with turnover of 275 million euros excluding VAT (around 327 million euros including VAT) and net profit...
RTC Holding reports 220m-euro turnover
RTC Holding, owned by businessman Octavian Radu, in 2005 derived turnover worth more than 220 million euros, with 80m euros generated by IT&C activities, amid several important acquisitions...
Arcom reports 16% growth in Q1
Construction contractor Arcom Bucharest has already generated 60 million RON (16.4 million euros) in turnover in the first half of the year, an increase of 15% on the same period last year....
Banca Romaneasca reports 1.7m euro profit
Banca Romaneasca, a member of the National Bank of Greece (NBG) group, has posted more than 61bn ROL (nearly 1.7 million euros) in first-quarter net profits. The value of the bank''s total a...
Argus reports fall in sales
Vegetable oil producer Argus Constanta, the number-two player on the market, has reported a slight decrease in its first-quarter business for 2005, with turnover down to 8.3 million euros (3...
Azomures reports weaker first quarter despite higher sales
Chemical fertiliser producer Azomures Targu Mures has ended the first three months of the year on losses despite managing to boost sales by 30 percent in euros. By contrast, the first three...
East Point reports $33m turnover
East Point reports $33m turnover