6 mar 2023

Solar panel manufacturer AE Solar will invest EUR1 billion in a plant to make solar panels in Romania, Romania’s government announced in a release, following a meeting of Prime Minister Nicolae more

2 mar 2023

State-run Oil Terminal (OIL.RO) received approval from the Energy Ministry to start negotiations with real estate developer Iulius Group on a EUR815 million urban regeneration project in Constanta. more

2 mar 2023

Turbomecanica (TBM.RO), the only local manufacturer of gas turbine engines and mechanical assemblies for aircraft, in 2022 posted RON138 million revenues, up from RON131 million in the previous year, more

1 mar 2023

Paval Holding, the special purpose vehicle held by the Paval brothers who own DIY retailer Dedeman, intends to buy 5% in brick manufacturer Cemacon (CEON.RO), which is its remaining free float, from more

1 mar 2023

Plastic packaging maker Romcarbon (ROCE.RO) posted RON328 million consolidated revenue in 2022, an increase of 12% year-on-year, while net profit went up to RON9.4 million from RON3 million in 2021. more

1 mar 2023

Financial investment company SIF Oltenia (SIF5.RO) posted RON2.2 billion assets in 2022, down from the RON2.4 billion of 2021. Net profit on the other hand, increased from RON37.6 million to RON165 more

1 mar 2023

SIF Banat Crisana (SIF1.RO), a financial investment company that will soon change name to Lion Capital, announced its assets reached RON3.4 billion in 2022, compared with RON3.6 billion in the more

1 mar 2023

Promateris reached RON172 million turnover in 2022, down 8% on the year. The company’s net profit stood at RON4.5 million, 75% lower than in 2021. more

28 feb 2023

Digi Communications (DIGI.RO), the only telecom listed on the Bucharest Stock Exchange, posted EUR1.5 billion revenue in 2022, the year it sold its Hungarian operations, up from EUR1.28 billion in more

28 feb 2023

Hidroelectrica, Romania’s largest energy producer, ended 2022 with RON9.1 billion revenues, up 40%, and RON4 billion net profit, 32.7% higher, in line with the report of its minority stakeholder more

27 feb 2023

Sphera Franchise Group, the operator of the KFC, Pizza Hut and Taco Bell brands in Romania, ended Q4/2022 with RON370 million sales, up 36% from the year-earlier period, while net profit hit RON23.4 more

24 feb 2023

Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON2.5 billion consolidated net profit in 2022, an increase of 23% on 2021, while assets increased by 6% to RON140.5 billion. On the more

24 feb 2023

Nuclearelectrica (SNN.RO), Romania’s only nuclear power producer, for 2022 reported RON6.5 billion revenues, double the 2021 level, and RON2.7 billion net profit, up 163%. more

23 feb 2023

SIF Banat-Crisana (SIF1.RO), the largest financial investment company listed on the Bucharest Stock Exchange by assets and market value, is to become Lion Capital, after shareholders voted for more

21 feb 2023

Transilvania Broker, an insurer listed on the Bucharest Stock Exchange, posted RON130 million revenue in 2022, up 31%, and a net profit of RON11.5 million, up 68%, according to the financial report more

20 feb 2023

Starting Wednesday, February 22, 2023, investors on the Bucharest Stock Exchange will be able to trade a new fund that tracks an index of the stock market (an exchange traded fund - ETF), namely the more

17 feb 2023

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, has acquired a 44,863-sqm land plot located at more

2 feb 2023

Amid soaring prices, especially at filling stations, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, boasted record high financial results in 2022. more

23 ian 2023

Romania's private pension system, consisting of Pillar II - mandatory private funds to which several million Romanian employees contribute a portion of their gross monthly income, and Pillar III - more

18 ian 2023

Romgaz (SNG.RO), a natural gas producer and supplier controlled by Romania’s Energy Ministry, estimates that it will pay RON906 million as a so-called solidarity tax that the Ciuca Government more

18 ian 2023

SafeTech Innovations, a Romanian-held cybersecurity company, received approval from the Financial Supervisory Authority (ASF) on Tuesday to transfer from the AeRO market to the main segment of the more

13 ian 2023

Nuclear power producer Nuclearelectrica (SNN.RO) is calling shareholders to vote on the 2023 spending and revenue budget on February 15. more

19 dec 2022

The priority for BRD Pension Fund in 2023, as before, is the responsible management of the company's private pension funds, BRD Pension said in a response to ZF’s request for comment on a potential more

19 dec 2022

BRD Pensii, which manages the Pillar II fund with the lowest net asset unit value since its launch in 2008, of RON23.49 vs RON10 in 2008, is contemplating several scenarios with regard with its exit more

14 dec 2022

Fondul Proprietatea (FP.RO) sold its 2.8% in OMV Petrom (SNP.RO) in an about RON764 million transaction or RON0.43 per share, thus exiting the shareholder structure of the largest company on the more