shrinks
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NBR reserve shrinks by almost 800 million euros in March
The foreign currency reserve of the National Bank lost another almost 800 million euros in March, decreasing to 25.12 billion euros.
Tymbark profit shrinks following investments
Tymbark Maspex Romania forecasts a profit increase for this year, after last year it registered its first decline in four years. In 2007, the producer of Tymbark juices and La Festa instant...
Banca Romaneasca net income shrinks
Banca Romaneasca last year registered net income standing at 13 million RON, almost 42% lower than the income derived in 2004. Calculated in euros, the income amounted to 3.6 million euros,...
Amonil''s profit shrinks
Chemical fertiliser producer Amonil Slobozia concluded the first nine months with a net profit of 446,000 euros (1.6 million RON), compared with the 1.42 million euro losses seen in the same...
Oltchim''s net income shrinks
Chemical plant Oltchim Ramnicu-Valcea posted a drop in net income by 70%, to 5.27 million euros (19.1 million RON) in the first nine months of the year, amid an increase in prices for the ma...
CCCF business shrinks
CCCF business shrinks
Aker Braila halves losses, business shrinks
Aker Braila Shipyard concluded last year with 57.6bn ROL ($1.7 million) losses, the preliminary financial data of the company show. Last year's losses were less than half of the level posted...
Romanian furniture market shrinks, productivity goes up
Furniture companies managed to hold on to their earnings by increasing productivity, although demand on the European markets has been shrinking. Productivity in the furniture sector increase...
Mobex turnover shrinks
Furniture maker Mobex is facing competitiveness issues, joining the ranks of many companies privatised by the MEBO (management and employee buyout) method. Considering the employees' associa...