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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Alro Slatina Reconfirms Genoveva Nastase as CFO 02.15.2021
Shareholders of aluminum producer Alro Slatina (ALR.RO) onm Monday reconfirmed Genoveva Nastase in the position of company financial manager for a... more
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Pillar II Pension Fund Assets Grow by RON3B in January 02.15.2021
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON78.2 billion at the end of... more
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TeraPlast Cashes in on Steel Division Sale on Feb 26 02.15.2021
Romanian construction material producer TeraPlast said Monday it will close the sale of its steel division to Kingspan Group on February 26 after... more
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iHunt Profit Grows Ten Times in 2020, to RON6M 02.15.2021
Online retailer and manufacturer of mobile phones and gadgets iHunt Ploiesti (HUNT.RO) on Monday reported a net profit of RON6.15 million for 2020,... more
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2Performant Seeks to Raise RON5M Financing 02.15.2021
Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, seeks to raise RON5 million from... more
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Transelectrica Net Profit Grows 18% in 2020, to RON114M 02.15.2021
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Monday reported a net profit of RON114 million for 2020, up 18% on the year. more
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Financial Regulator Registers MedLife Share Capital Increase 02.12.2021
Romania's financial supervisory authority has registered the securities related to the share capital increase of MedLife (M.RO), the leader of the... more
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Oil Terminal Profit Grows 48% in 2020, to RON3.55M 02.12.2021
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Friday reported a net profit of RON3.55 million for 2020, up 47.8%... more
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iHunt Lists RON7M Bond Issue on Bucharest Stock Exchange 02.12.2021
Online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT.RO) on Friday listed its first corporate bond issue on the Bucharest... more
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Video Games Developer Firebyte Games Starts Private Placement on Feb 15 02.12.2021
Video games developer Firebyte Games held by Cluj-based brokerage firm BRK is starting its private placement on Monday, February 15, to raise funds... more
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MAM Bricolaj Seeks Shareholder Approval to Buy Two Land Plots for EUR1.35M 02.11.2021
MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, seeks to buy two plots of land located in... more
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BRD Net Profit Declines 37% in 2020, to RON951.5M 02.10.2021
BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets, on Wednesday reported a net profit of RON951.5 million for 2020,... more
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Bucharest Stock Market Indices Outgrow 2020 Performance in January Alone 02.09.2021
The Bucharest Stock Exchange (BVB) kickstarted 2021 with all stock indices in positive territory, as the Romanian capital market posted significant... more
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IIB Net Profit Grows 28% in 2020, to EUR7.3M 02.08.2021
International Investment Bank (IIB), founded in 1970 in Budapest and 6.8% owned by Romania, reported a net profit of EUR7.3 million in 2020, up 28%... more
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Impact Signs Two Loan Agreements with First Bank to Fund Construction, VAT Costs 02.08.2021
Romanian real estate developer Impact (IMP.RO) said Monday it has signed two mortgage loan agreements with lender First Bank, consisting of EUR5.92... more
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Conpet Ploiesti Appoints Dorin Tudora As Provisional CEO, Starts Procedures To Select New CEO 02.05.2021
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) said Friday in a stock market announcement that it appointed Dorin Tudora to the... more
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Real Estate Developer Impact Appoints Constantin Sebesanu as Development Director 02.04.2021
Real estate developer Impact (IMP.RO), owned by businessman Gheorghe Iaciu, said Thursday it has appointed Constantin (Tinu) Sebesanu to the... more
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Restart Energy Raises RON16.3M Via Green Bond Sale 02.04.2021
Restart Energy, an independent electricity and natural gas supplier, has obtained financing of RON16.3 million following an Offer of green bonds... more
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Ten Largest Stock Market Brokers Intermediated RON2.2B Deals In Jan 2021, Up 17.7% Versus Jan 2020 02.04.2021
The ten most active brokers at the Bucharest Stock Exchange intermediated deals worth a total RON2.2 billion, in January 2021, up 17.7% from the... more
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OMV Petrom Group Sales Revenue Down 23% To RON19.7B, Net Profit Down 64% To RON1.29B YoY In 2020 02.04.2021
OMV Petrom Group ended 2020 with sales revenue of RON19.7 billion, down 23% versus 2019, following negative evolution of the commodity prices and... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
