Archive » November 2006 » 03 November 2006 The english news from 03 November 2006
Romania: BancPost CEO Resigns
The CEO of BancPost, an EFG Eurobank subsidiary in Romania, Mr. George Michelis, resigned.…
Romania: German Johann Hay and Ronal Invest €95 mil in Facilities Construction
German Johann Hay and Ronal companies will invest some €95 million in building two production facilities for car components at the Satu Mare Industrial Park on an area of 25 hectares, ACT Media news agency reports.…
Romania: Electroaparataj Bucuresti Posts High 9-mo Profits
The profit of Electroaparataj Bucuresti increased during the first nine months of the year, from RON 33,177 in January-September 2005 to RON 1.63 Mn (some 50 times higher).…
Romania: BancPost Posts Lower 9-mo Profits
BancPost registered during the first nine months of the year a €2.7m net profit lower compared to the €3.3m net profit posted at the end of June.…
Romania: Commercial Deficit Jumps 9.5 bln Euros
The commercial deficit after the first 9 months of 2006 reached 9.6 billion euros, 3 billions more that during the similar period in 2005, according to HotNews Romania reports.…
Romania: Sanex Cluj Napoca Lowers by 4.7% in 9-mo Net Profit
The Rasdaq-listed sanitary items producer Sanex Cluj Napoca recorded for the first nine months of the current year a turnover of RON 72.18m, up 12.5% y/y, while net profit slid 4.7% y/y to RON 5.94m.…
Romania: Dafora's 9-mo Net Profits Rise 26%
The Rasdaq-listed oilfield drilling and construction company Dafora registered during the 9-mo of '06 period a net profit of RON 3.3m (€0.9m), up 26%, y/y while sales advanced by 13% y/y to RON 95m (€26.6m).…
Romania: Petroleum Product Branding, a New Trend
Most of the petroleum companies operating on the domestic market have "eyed" a new strategy to increase their fuel sales: branding the products sold in their own filling stations, Ziarul Financiar.ro reports.…
Romania: GE Real Estate to Invest €50 mln
General Electric Real Estate, the real estate division of the American giant General Electric could invest some 50-100 million euros in the real estate market in Romania by the end of next year, according to Ziarul Financiar.ro reports.…
Romania: Accession Brings Foreign Investors Back to the Stock Exchange
Foreign investment funds were again bought onto the Bucharest Stock Exchange in October, after seven months of lying in wait, according to Ziarul Financiar.ro reports.…