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Articles

Cemacon posts EUR 1.8 mln profit in Q1

Cemacon, the second largest ceramic blocks producer in Romania, according to the market research conducted by InterBiz, recorded a net profit of RON 8.13 million (EUR 1.83 million) at the end of the first quarter of 2015.

Romanian group becomes Croatia’s first private rail freight operator

Romanian railway group Grampet has become the first private rail freight operator in Croatia.

Car sales see 15.7 pct growth in first four months

The car market, where cars and commercial vehicles are included, increased in the first four months by 16.5 percent compared to the same period last year, car deliveries being 15.7 percent higher, announced on Tuesday the Association of Automobile Producers and Importers (APIA).

P3 moves its Bucharest office

P3, the specialist owner, developer and manager of European logistics properties, has moved into larger premises in Bucharest to accommodate an expanded country team and to be more accessible to clients at P3 Bucharest park, the company's first investment in the Romanian market.

Alum Tulcea allocates 30% of 2014 profit for retooling

Approximately 30% of the 2014 net profit recorded by alumina producer Alum Tulcea will be allocated for retooling and the rest will be distributed to cover losses from previous years, the operational manager of the company Nicolae Anghelovici told Agerpres after Alum’s debut on AeRO market.

IMPACT Day Unites Prologis CEE Employees for Community Service

Prologis, Inc., the global leader in industrial real estate, today announced that its employees from Central and Eastern Europe spent Friday, May 15, participating in IMPACT Day, the company’s third global annual day of community service.

Antibiotice profit up 15 pct in Q1

Romanian state-run drug manufacturer Antibiotice Iasi registered in the first quarter of this year a net profit of RON 6 million (EUR 1.3 million), up 15 percent compared to the same period in 2014.

Romanian insolvent chemical producer lowers loss 15 times

The Romanian insolvent state-owned chemical producer Oltchim recorded in the first quarter of the year a EUR 844,000 loss, 15 times lower than in the same period last year. The loss amounted to EUR 12.6 million in the first three months of 2014.

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