revenues
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$16m in Asiban revenues
Asiban Bucharest logged insurance premium-related revenues of 590.9bn ROL (some $18 million) in the first half, up more than 2.8 times compared with the same time last year, when it had made...
Flamingo Computers revenues up 10%
IT equipment dealer Flamingo Computers ended H1 with $29 million turnover, up 10% compared to the January 1 - June 30, 2002 period. The revenues were derived mainly from distribution (70%),...
Petrom five-month revenues exceed $1 billion
SNP (National Oil Company) Petrom, Romania's largest company, posted five-month turnover worth 28,190bn ROL ($854m) and gross profit of 921.7bn ROL ($27.4m). Turnover has increased in dollar...
Hidroconstructia's revenues, 20% down
Hidroconstructia, one of the top two Romanian construction companies in terms of turnover, saw an about 20% drop in the four-month revenues in ROL, which trend is expected to maintain all th...
AVAB's five-month revenues: $46m
The Banking Assets Resolution Authority (AVAB) collected 1,514.8bn ROL (some $46 million) from banking receivables in the first five months, 133% more than scheduled in its spending and reve...
ARDAF's Q1 revenues, higher than expected
ARDAF insurance company is rushing to become a top ten player on the life insurance market. Sales on this segment totalled $145,000 in Q1, up 156.8% from the same time last year. Total gross...
Franke aims at 12% higher revenues
Franke Romania, the leading sink supplier on the domestic market plans to attain 6.2 million euro sales this year, up more than 12% from 2002, general manager Valeriu Cobaschi said. The comp...
AIG Life revenues up 60% in Q1
Insurer AIG Life Romania cashed 96 billion ROL from gross premiums in the first quarter of the year, up 65% since the year-ago period. This accounts for a 60% increase in dollars, from $1.79...
12% lower two-month revenues
In spite of a very good season for the resorts in Valea Prahovei and of the good results posted by the hotels in Bucharest, the overall tourism industry had a very slow start of the year, ex...