Patria Bank Lists EUR8.19M Bonds on Bucharest Stock Exchange
12.15.2020
Lender Patria Bank (PBK.RO), 83.2% owned by investment fund EEAF Financial Services Amsterdam, listed corporate bonds totaling EUR8.19 million on the Bucharest Stock Exchange Tuesday, under the symbol PBK28E.
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TTS Revenue Down 32% To RON300M In H1 2024
08.30.2024
Transport Trade Services (TTS.RO), a freight carrier on the Danube, posted RON298.7 million revenue in the first half of the year, down 32.1%... more
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Romcab Losses Widen To RON61M In H1 2024
08.30.2024
Cable manufacturer Romcab Targu Mures (MCAB.RO) ended the first half of 2024 with a loss of RON61.4 million, up from the RON16.7 million loss of... more
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Autonom Services Sees Profit Up 53% In H1 2024
08.30.2024
Mobility network Autonom Services, held by brothers Marius and Dan Stefan, ended the first half of 2024 with a net profit of RON18.8 million, up... more
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IAR Brasov Ends H1 2024 With 55% Decline In Profit To RON20M
08.30.2024
IAR Brasov (IARV.RO), which manufactures and repairs spare parts for helicopters, recorded a net profit of RON20.2 million in the first half of... more
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Metropolitan Life Exceeds 5% In Aquila Part Prod Com
08.29.2024
Aquila Part Prod Com (AQ.RO), an entrepreneurial fast-moving distribution and logistics company, on Thursday evening notified the Bucharest Stock... more
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Sphera Franchise Group Calls Shareholders To Vote On Second Dividend In 2024
08.29.2024
The board of directors of franchise operator Sphera Franchise Group (SFG.RO) has called shareholders for an ordinary general meeting on October 7... more
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Chimcomplex Calls Shareholders To Vote On Extension Of EUR40M Loan Facility From CEC Bank
08.28.2024
The board of directors of chemical producer and supplier Chimcomplex Borzesti (CRC.RO) has called shareholders for September 30 to vote among... more
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Salt Bank Sees RON31M Losses In H1 2024
08.27.2024
Salt Bank, which has a EUR5 million bond issue with an 8.5% yearly yield and maturing on December 18, 2024 listed on the Bucharest Stock Exchange,... more
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Premier Energy Increases Stake In Subsidiary True Energy Management From 60% To 75%
08.27.2024
Premier Energy (PE.RO), a producer, distributor and supplier of electricity and distributor and supplier of natural gas, has increased its stake in... more
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Chimcomplex Bids To Take Over Heating Concession In Iasi
08.26.2024
Chemical producer and supplier Chimcomp0lex Borzesti (CRC.RO), which owns two industrial sites in Onesti and Ramnicu Valcea and is one of the... more
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2Performant Sees Revenue Up 18% In H1 2024
08.26.2024
Technology company 2Performant Network (2P.RO), the largest actor on the affiliate marketing market in Romania, posted RON27.9 million operating... more
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Romania Will Have 9 Companies Included in the FTSE Global All Cap Indices Starting September
08.26.2024
Romania will have 9 companies included in the FTSE Global All Cap indices starting September after the shares of Transport Trade Services (TTS) are... more
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Purcari Expands Presence In Dealu Mare With Acquisition Of 51 Hectares Of Vineyards
08.22.2024
Purcari Wineries Public Company Limited (WINE.RO) on Thursday announced its Romanian subsidiary, Crama Ceptura, had performed a strategic asset... more
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Vegetable Oil Producer Argus Constanta Borrows RON67M From Banca Transilvania
08.22.2024
Vegetable oil producer Argus Constanta (UARG.RO), 91.4% held by Infinity Capital, notified the Bucharest Stock Exchange on Thursday evening of... more
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Antibiotice Iasi Export Revenue Doubles In H1 2024 Vs H1 2020
08.21.2024
Antibiotice Iasi (ATB.RO), the largest Romanian-held drug producer, posted RON150 million revenue from exports in the first half of 2024, an... more
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Banca Transilvania Sees 42% Rise In Net Profit To RON1.8B In H1 2024
08.20.2024
Banca Transilvania (TLV.RO), the largest lender in Romania, ended the first half of 2024 with a consolidated net profit of RON2.1 billion, up from... more
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Metropolitan Life Pensii Private Bought 35% Of MedLife Shares Traded On Bucharest Stock Exchange In June
08.19.2024
One Pillar II pension fund, Metropolitan Life Pensii Private, bought 35% of the MedLife (M.RO) shares traded on the Bucharest Stock Exchange in... more
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Sipex Company Ends H1 With RON158M Revenue, Up 9%
08.19.2024
Sipex Company (SPX.RO), a distributor of construction supplies, with 27 years in business, on Monday announced having ended the first half of 2024... more
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Rompetrol Well Services Sees RON4.1M Net Profit, RON36.7M Revenue In H1 2024
08.14.2024
Rompetrol Well Services S.A. (PTR.RO), one of the most important wellbore special services companies in Romania, announced it made RON4.13 million... more
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Evergent Investments Ends H1 With RON250M Net Profit, Three Times More Than Budgeted For Full Year
08.14.2024
Alternative investment fund Evergent Investments (EVER.RO) recorded a net profit of RON250 million in the first half of 2024, 2.6 times higher than... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.