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Electromagnetica ends Q1 in 5.1 M lei profit

Electromagnetica power producer and distributor, also an electricity meter maker recorded 5.089 million lei in first-quarter profit, a 23 percent surge from last Jan.-March, according to information communicated the Bucharest Stock Exchange on Thursday.The company revenues totalled 103.398 million lei, marking a 12 percent rise from the three months of 2013.The Bucharest-based company is a power producer and supplier and a ...

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