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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Transavia Ends 2023 With Over RON1B Turnover
02.28.2024
Transavia, a leading poultry producer in Romania, which was founded 33 years ago by entrepreneur Ioan Popa, ended 2023 with a turnover of over RON1... more
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Romcab 2023 Net Profit Plunges 76.3% YoY To RON16.2M
02.28.2024
Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO) reported net profit of RON16.2 million for 2023, down 76.3% vs 2022, and a... more
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Roca Industry Announces Transfer Of Its Shares To Main Market Of Bucharest Stock Exchange As Of March 11, 2024
02.28.2024
Building materials holding Roca Industry (ROC1.RO) has announced in a stock market report on Tuesday (Feb 27) the transfer of its shares to the... more
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Oil Terminal Targets RON15.7M Net Profit And RON393M Revenue In 2024
02.27.2024
Romanian state-owned port operator Oil Terminal (OIL.RO) has budgeted net profit of RON15.7 million for 2024, up 9.8% from the net result... more
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Softbinator Technologies Reports RON32.2M Revenue And RON5.2M Net Loss For 2023
02.26.2024
Softbinator Technologies (CODE.RO), a group of IT companies, reported consolidated turnover of RON32.2 million for 2023, almost flat on the year,... more
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Romaero's Former Board Chairman Designated To Lead Company's Activity In The Insolvency Procedure
02.26.2024
The shareholders of Romaero Bucuresti (RORX.RO), a state-run strategic company for Romania’s aerospace and defense industry, on Monday (Feb 26)... more
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Prebet Aiud Reports Nearly RON1M Net Profit And RON110M Turnover For 2023
02.26.2024
Concrete prefab manufacturer Prebet Aiud (PREB.RO) ended 2023 with net profit of RON906,400, lower than RON7.8 million reported for 2022, and a... more
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Santierul Naval Orsova Ends 2023 With RON99.5M Turnover, Up 72% YoY; Switches To RON3.4M Profit
02.26.2024
Shipbuilder Santierul Naval Orsova (SNO.RO) ended 2023 with a turnover of RON99.5 million, up 72% on the year, and a net profit of RON3.4 million... more
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OMV Petrom Signs Financing Via National Recovery And Resilience Plan For Two Green Hydrogen Production Projects At Petrobrazi Refinery
02.26.2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe, on Monday (Feb 26) announced the signing of two financing contracts... more
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Electromagnetica Slips Into The Red In 2023 With RON32M Loss
02.23.2024
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23... more
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Aerostar Bacau Profit Up 3% To RON93M In 2023
02.23.2024
Aerostar Bacau (ARS.RO), a supplier of aerostructures, components, assemblies for hydraulic systems for global manufacturing programs, posted RON93... more
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Transilvania Broker De Asigurare Ends 2023 With RON7.6M Net Profit
02.23.2024
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, ended 2023 with a net profit of RON7.6 million, down... more
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Transport Trade Services Seeks To Buy Back Shares Up To RON12.6M
02.23.2024
Danube freight carrier Transport Trade Services (TTS.RO), on Thursday notified the Bucharest Stock Exchange about its management having approved... more
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Active Plus Lowers Lion Capital Stake By Almost 5%
02.22.2024
Active Plus, a fund managed by Swiss Capital Asset Management, has reduced its stake in investment fund Lion Capital (LION.RO) from 5.12% to 0.19%,... more
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Bittnet Group’s Dendrio Solutions Signs RON11M Contract To Supply IT Equipment
02.20.2024
IT group Bittnet Systems (BNET.RO) on Tuesday notified the capital market of the signing of a significant RON11 million contract by Dendrio... more
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Fondul Proprietatea Collects RON432.6M From Sale Of Engie Romania Stake To GDF International
02.20.2024
Fondul Proprietatea via its manager Franklin Templeton International Services on Tuesday notified the Bucharest Stock Exchange of having completed... more
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Transelectrica Gets Another EUR48M Funding Via Modernization Fund
02.20.2024
Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the... more
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Fidelis, 15th Edition: Romanians Can Buy Govt Bonds Between February 21-March 1
02.20.2024
The Finance Ministry is readying to launch a new Fidelis government bond issue aimed at retail investors for which subscriptions will start on... more
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Lion Capital Sells Azuga Ski & Bike Resort To Electric Planners For EUR9M
02.19.2024
Lion Capital (LION.RO) on Monday notified investors on the Bucharest Stock Exchange about its board of directors approving the sale of the entire... more
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AROBS Transilvania Software Included FTSE Russell Micro Cap Index As Of March 18
02.19.2024
AROBS Transilvania Software (AROBS.RO) shares will be included in the FTSE Russell emerging markets indexes as of March 18, 2024. more
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
moreOMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
moreThe European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
moreRomania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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
moreBanks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
moreRomania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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.