Investors in Bank Stocks Gain 20% in Bucharest Stock Exchange’s Best Week Since 2010
02.11.2019
Banca Transilvania, and BRD, the most traded stocks on the Bucharest Stock Exchange, gained up to 20% last week, as more and more investors expect the tax on bank assets to be dropped.
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Antibiotice Iasi to Double Production of Creams and Ointments by 2020 11.28.2018
Pharmaceutical producer Antibiotice Iasi’s investment in its new topical product (such as creams, lotions and ointments) plant will amount to... more
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Net Assets Of Investment Funds In Romania Down 5.6% Since Start Of 2018 11.20.2018
Net assets of the 206 open-ended and closed-ended local and foreign investment funds in Romania inched down 0.7% in October to RON43.2 billion... more
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Patria Bank Raises Share Capital to RON311.5M 11.20.2018
Lender Patria Bank (PBK.RO), owned by investment fund Emerging Europe Accession Fund (EEAF), has increased its share capital to RON311.5 million... more
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Bucharest Stock Exchange and 10 Capital Market Reps Set Up Romanian Investor Relations Association 11.19.2018
Eleven capital market representatives, companies and private individuals, have founded the Romanian Investor Relations Association (ARIR) aiming to... more
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Volintiru, Romgaz: We’re Contributing To National Effort, May Not Make Some Investments In 2019 11.16.2018
Romgaz (SNG.RO), the largest natural gas producer in Romania, says the best-case scenario would have had its investment budget at 2.35 billion lei... more
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Government Adopts Decree Setting Legal Framework For Establishing Sovereign Funds 11.15.2018
Romania's Government on Thursday adopted an emergency decree setting the general legal framework for the establishment of sovereign investment... more
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Electrica Group Net Profit Soars 231.6% On Year To RON315M In Jan-Sept 2018 11.15.2018
Romanian energy utility group Electrica (EL.RO) on Thursday said its consolidated net profit soared by 231.6% (or by RON220 million), year-on-year... more
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Transelectrica Profit Grows 51% in Jan-Sept, to RON98M 11.15.2018
Romanian state-run power grid operator Transelectrica (TEL.RO) on Thursday reported a net profit of RON98 million for January-September, 51% higher... more
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Alro Net Profit Falls 13% in Jan-Sept, to RON224M 11.15.2018
Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum producers in Europe, on Thursday said its net profit dropped 13% on the... more
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Romgaz Turnover Up 6.3% To RON3.4B, Net Profit Down 14% To RON1.02B In Jan-Sept 2018 11.15.2018
Romgaz Medias, one of the largest natural gas producers and suppliers in Romania, on Thursday said its turnover grew 6.3% to RON3.4 billion and its... more
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SIF Oltenia Revenue Up 70% On Year To RON102.9M In Jan-Sept 2018 11.14.2018
Romanian regional investment fund SIF Oltenia (SIF5.RO) on Wednesday said its total revenue surged 70% year-on-year to RON102.9 million in the... more
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Digi Communications Posts 8.7% Higher Revenue, Of EUR176M, For Its Romanian Operations In 3Q/2018 11.14.2018
Digi Communications (Digi.RO) on Wednesday reported revenue of EUR176 million for its Romanian operations, in the third quarter of 2018, up 8.7%... more
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Comelf 9-Month Revenue Down 17% To RON114M, Net Profit Down 42% To RON2.03M 11.14.2018
Romanian industrial equipment maker Comelf Bistrita (CMF.RO), part of Uzinsider Group, on Wednesday said its operating revenue fell 17%... more
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Antibiotice Iasi 9-Month Sales Up 3% On Year To RON241M 11.14.2018
Pharmaceutical company Antibiotice Iasi (ATB.RO) on Wednesday said its sales income rose 3% to RON241 million and its net profit rose 5% to... more
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Transgaz Net Profit Down 31% On Year To RON299.28M In Jan-Sept 2018 11.14.2018
Romania's natural gas transmission company Transgaz Medias on Wednesday said its net profit fell 31% year-on-year to RON299.28 million in... more
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Nuclearelectrica Net Profit Up 28.3% On Year To RON320.99M In Jan-Sept 2018 11.14.2018
Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Wednesday said its net profit grew 28.3% year-on-year to RON320.99 million in... more
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Alro Appoints Marian Nastase as Board Chairman for Next Four Years 11.13.2018
Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum producers in Europe, has appointed Marian Nastase as chairman of the board... more
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Fondul Proprietatea Buys Back 5.27M Shares in Five Transactions 11.12.2018
Investment fund Fondul Proprietatea (FP.RO), the third most traded issuer on the Bucharest Stock Exchange, bought back 5.27 million of its own... more
The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an
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Companies Bog’Art SRL Bucuresti, Construcţii SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have
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German Zeitfracht Group has joined the shareholding structure of low-cost airline Blue Air, holding 10% of the airline’s share
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Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the
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Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the
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The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
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Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
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Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
