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ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announced in a stock market report on Monday (Nov 13) its consolidated financial results for the nine months ended on September 30, 2023,
Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 13), above the planned level of RON500 million, selling bonds due in October 2026, at an annual average yield of 6.48%.
Romania's current account balance posted a deficit of EUR16.05 billion in January-September 2023, lower by 24% than the EUR21.14 billion level reported in the same period of 2022, central bank data showed on Monday (November 13, 2023).
Vegetable oil producer Argus Constanta (UARG.RO) ended the first nine months of 2023 with RON47.9 million loss from the RON36.2 million net profit in the same time in 2022, after operating revenue halved from RON277.3 million to RON135.9 million, according to ZF’s calculations based on the quarterly financial report submitted to the Bucharest Stock Exchange.
One United Properties (ONE.RO), the leading investor and real estate developer of sustainable residential, mixed-use and office projects in Romania, has concluded a partnership with Armani/Casa, the world leader in luxury furnishings, which targets the creation of a unique interior design concept at the One Lake Club project in capital city Bucharest.
Romania produced 4.4 million hectoliters of wine in 2023, 15% more than in 2022 and 4% more than the average of the last five years, consolidating its position as the sixth largest wine producer in Europe, as per data collected by the International Organization of Vine and Wine (OIV) and analyzed by Wines of Romania, a local platform promoting Romanian wine.
Societatea Nationala de Gaze Naturale Romgaz S.A, the largest producer and main supplier of natural gas in Romania, celebrates 10 years of its listing on the Bucharest Stock Exchange, under the ticker symbol SNG.
The average net salary in Romania increased by 1.4% in nominal terms in September 2023 compared to August 2023, to 4,593 (EUR924), data from the country's statistics board INS showed on Thursday (October 12).
Romania's annual inflation kept its downward trend in October 2023, decreasing to 8.1%, compared to 8.8% in September 2023 and 9.4% in August 2023 and July 2023, data from the country's statistics board INS showed on Monday (November 13).
The value of medicines prescribed to patients in Romania in the October 2022-September 2023 period reached RON28.7 billion (EUR5.8 billion) at wholesale prices, up 16% from the year-earlier period, in line with Cegedim data.
Aquila, the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, ended the first nine months of 2023 with RON1.7 billion revenues, up 14% from the year-earlier period, while net profit rose by 9% year-on-year, to RON70 million.
Nuclearelectrica, Romania’s sole nuclear energy producer, reported net profit of almost RON2 billion in the first nine months of 2023, up 1.9% from the year-earlier period, while revenues climbed by 15% to RON5.67 billion. The results came amid 2.9% higher energy output.
OTP Bank Romania in the first nine months of 2023 posted RON236 million consolidated net profit.
Bittnet Group (BNET.RO), the first Romanian group of IT companies listed on the main market of the Bucharest Stock, saw its revenue surging 150%, its EBITDA doubling and its gross loss halving in the first nine months of 2023, which marks a significant progress towards achieving the profitability objective, as per the company's financial report released at the Bucharest Stock Exchange.
Turbomecanica (TBM.RO), a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, ended the first nine months of 2023 with a net profit of RON3.7 million, up 48% from RON2.5 million in the same period of 2022.
Carbochim Cluj-Napoca (CBC.RO), the largest professional abrasives manufacturer in Romania, had a net profit of RON117 million in the January-September 2023, compared to RON47 million in the same period of 2022, as per the company's financial report released by the Bucharest Stock Exchange on Friday (Nov 10).
Electromagnetica Bucuresti (ELMA.RO), which makes electrical equipment and produces electricity, switched to a loss of RON1.55 million in the first nine months of 2023, from a net profit of RON23.5 million in the same period of 2022, and its turnover fell by 11.6% on the year to RON152.8 million, as per the company's quarterly financial report.
Meta Estate Trust (MET.RO), a holding-type company operating in the real estate sector, announced in a stock market report on Friday (Nov 10) that it had entered into a partnership with a developer with extensive experience in the local real estate market for the development of a premium boutique residential project.
Life is Hard (LIH.RO), a technology company listed on the AeRo market of the Bucharest Stock Exchange, ended the first nine months of 2023 with a net profit of RON5.05 million, up 129.5% on the year, and a turnover of RON29.5 million, as per data from the company's quarterly financial report.
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, posted RON2.3 billion net consolidated profit in the first nine months of 2023, up from the RON1.68 billion in the year-ago period, therefore an increase of 37%, its third quarter financial report shows.19075 items