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Egnatia Leasing sees volume of financing triple
Egnatia Leasing, a member of Egnatia Greek financial group, last year financed goods worth 71.9m euros, almost three times more than the 26.3m euros registered in 2005. Last year, the compan...
Ardaf sees more claims settled than underwritten
Insurance company Ardaf, which was taken over at the beginning of 2007 by the Czech financial group PPF, has settled claims worth 50.7 million RON (15 million euros) in the first three month...
BT Asigurari sees almost 20m-euro revenues in Q1
BT Asigurari (BT Insurance), a member of financial group Banca Transilvania underwrote gross premiums worth 67 million RON (19.8 million euros), up 49% on last year. The increase in gross un...
TCE Logistica sees 20% increase in turnover
TCE Logistica (TCE Logistics), one of the top courier and delivery services in Romania, posted a 2.5 million-euro turnover in the first quarter of this year, up 20% on the same period last y...
Banca Transilvania sees 14% profit jump
Banca Transilvania (BT) posted 31.25 million RON (9.24 million-euro) net profit in the first quarter of this year, an increase of 14.2% on the same period of last year. The bank's gross prof...
Romstal sees operating income rise by over 30%
Romstal, a Romanian-held company and one of the main players on the sanitary ware distribution market, last year reported a turnover worth 200 million euros, up 33% on 2005. Last year, Romst...
Isarescu sees the RON as "Finance Rocky"
Fluctuations of the RON exchange rate may very well happen; the appreciation trend may change direction over a certain period of time. Even so, there still could be no talks of a "collapse"...
Lafarge sees 70m-euro gross profit
The decline in exports and implicitly in transportation expenses has resulted in an approximately 30% increase in the gross profit derived last year by Lafarge Ciment, the local branch of th...
Broker's profit sees 38% rise in Q1
Cluj-based brokerage company Broker made a gross profit worth 8.84 million RON (2.61 million euros) in the first quarter of this year, 38% higher than in the same period last year. The value...