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Romanian state-owned oil transporter Conpet Ploiesti (stock symbol: COTE) has called shareholders for an April 25 meeting to vote on the distribution of nearly RON56 million dividends from its 2023 net profit of RON67.6 million, as per a stock market report.
Building materials holding Roca Industry (ROC1.RO), owned by ROCA Investments, has budgeted net profit of RON6.3 million, EBITDA of RON65.5 million and turnover of RON655.4 million for 2024, as per data from the budget of revenue and expenditure published at the Bucharest Stock Exchange.
Natural gas transmission company Transgaz (TGN.RO) has called its shareholders to approve, among others, the distribution of RON66 million as dividends from its 2023 profit.
Rompetrol Well Services (stock symbol: PTR), the oil services division of Rompetrol, has called its shareholders to approve, among others, the distribution of RON11.8 million as dividends from the company's 2023 profit.
Bacau-based Simba Invest, a major consumer goods wholesaler locally, targets an increase of at least 10% in turnover compared to 2023, to almost RON187 million, in line with calculations by Ziarul Financiar (ZF) daily based on company data.
Pharmaceutical producer Biofarm Bucuresti (BIO.RO) has called shareholders to approve, among others, the distribution of RON30.5 million dividends from 2023 net profit.
RebelDot, a Cluj-based software development company, ended 2023 with a turnover of over EUR11.6 million, at a group level, up 40% on the year, company representatives said in a statement.
Edenred, a leading digital platform for services and payments and Romania’s leader in solutions for the employee benefits & engagement industry, announces the appointment of Görkem Oran as General Manager of Edenred Romania, starting from March 1, 2024
Asbis Romania, the local subsidiary of Cyprus-based ASBIS, a developer and provider of ICT and IoT products, solutions and services for the Europe, Middle East and Africa (EMEA) markets, posted a 20% increase in revenue $61.63 million at the end of 2023, from $50.03 million in 2022, its representatives said in a statement.
Allianz-Tiriac has introduced the Apple Pay and Google Pay digital payment services which complement the initiatives of simplifying and optimizing customer experience.
PayPoint Romania processed more than 100 milion transactions worth a total of RON13.6 billion via its 25,000 partner stores and the 24pay app saw a 60% increase in the number of payments in 2023.
The percentage of Romanian CEOs who believe their organizations will need to reinvent their business model to survive in the next decade has risen to 37 percent this year, up from 27 percent in the previous edition of the PwC CEO Survey.
The volume of construction works in Romania shrank, in unadjusted data, by 77% in January 2024 compared with December 2023 and by 34.2% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Wednesday (March 20).
Lucian Anghel, who ran Banca Romaneasca between January 2020 and December 2022 has received approval from Romania’s central bank to become deputy chief executive officer of Libra Internet Bank, Libra announced.
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Wednesday (March 20) announced its shareholders in a stock market report that it opened a term deposit in amount of RON201.1 million, with Exim Banca Romaneasca.
The board of directors of the Bucharest Stock Exchange (BVB.RO), the operator of Romania’s capital market, has called shareholders for an April 24 meeting to vote, among others, on the distribution of RON12.5 million dividends from 2023’s net profit of RON21.8 million.
Romanian fast food chain Fryday, established by Suceava entrepreneur Lucian Florea, has grown to nine restaurants and ended last year with RON28.6 million (EUR5.7 million) revenue, double as much as in 2022.
Romania's economic growth of 2.1% in 2023 was generated almost 50% by the construction sector, which ended up accounting for 8% of the country's GDP, compared to 6% in 2018.
Banca Transilvania (stock symbol: TLV), the largest lender in Romania, by assets, has announced that its Board of Directors decided on March 19, 2024 to approve the buyback of a maximum number of 2 million shares (out of a total 5 million shares approved to be repurchased by shareholders), as per a report published at the Bucharest Stock Exchange (March 19).
CEC Bank, a lender held by the Romanian government via the Finance Ministry, climbed to 3rd place in the ranking of the largest banks in Romania by assets in 2023, overtaking BRD, which is held by French group Societe Generale.19029 items