sees
378 articole · RSS
Generali sees slight growth in euros
Insurer Generali cashed 745bn ROL (some 20m euros) from gross premiums last year, up 22% in ROL from 2002. However, the revenues in euros climbed only 1% as the ROL has been losing ground ag...
BCR sees slight profit drop
The Romanian Commercial Bank (BCR), the largest bank in the Romanian system, posted net profit of $160 million last year, slightly lower than in 2002, but "in line with the expected value,"...
AIG sees steady growth
Insurer AIG Romania, a branch of the American International Group, ended 2003 with underwritten premiums worth $15.76m (523.3bn ROL) and net profit amounting to $2.68m, Mihnea Tobescu, the c...
Mutual fund fee war sees raises, too
While the trend to cut fees on the mutual fund market is in full bloom, some managers think a higher fee can be a good thing. The Intercapital Fund, which currently charges zero redemption f...
Brenntag sees 18m euro revenues this year
Chemical products distributor Brenntag Romania estimates to make 18 million euro turnover this year, up 36% from 2003, the company's executive manager Alexandru Badea said. Brenntag Group is...
Ibis sees 5m euros in turnover
Bucharest-based hotel Ibis, held by Continental Nord SA, posted 191.7bn ROL (5.06m euros) in turnover last year, some 16% more than in 2002, the hotel's managing director Ilie Calin said. "T...
Carrefour sees 30% growth in Romania, plans for more hypermarkets
The record number of clients visiting the Orhideea commercial centre, which opened last fall near downtown Bucharest, in the Grozavesti area, has allowed French group Carrefour to post sales...
Flanco sees 40% surge in turnover
The retailers of electronic products and household appliances say there is still room for growth this year, even after sales doubled or even tripled in 2003. "We posted 120 million euros in...
P&G Romania sees $135m sales
US-based Procter & Gamble estimates its Romanian operations to have derived an over 20% higher turnover, which is therefore expected to reach $134.5 million. The profit in its turn is expect...