Found 19075 news
BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange, had a net loss of RON2.8 million in the first quarter of 2022 compared to a profit of RON10.7 million in the same period of 2021, according to the company’s financial report sent to the Bucharest Stock Exchange on Monday (May 16).
Alro Slatina, one of the largest vertically integrated aluminum smelters in Europe and the largest electricity consumer in Romania, posted RON18 million losses in the first quarter, down from the RON62 million in the year-ago period.
Real estate consulting firm Cushman & Wakefield Echinox has appointed Roxana Nicolae to the position of Workplace Manager within the Asset Services Department.
Wine producer Purcari Wineries (WINE.RO) recorded a net profit of almost RON12 million in the first quarter of 2022, up 17% on the year, the company said in its financial report sent to the Bucharest Stock Exchange on Monday (May 16).
Romanian startup Flip.ro, a marketplace for the purchase and sale of refurbished mobile telephones, on Monday announced its entry into the Bulgarian market, as part of its goal to become the leader on the market of refurbished products in Central and Eastern Europe.
The Bucharest Stock Exchange said on Monday (May 16) that the shares of STK Properties would start trading on the AeRO market, the equity segment of the Multilateral Trading System, on Wednesday, May 18.
The European Investment Bank (EIB) and Romania’s natural gas transmission company Transgaz (TGN.RO) have signed an agreement for the provision of advisory services to prepare and develop a decarbonization strategy for Romania’s gas network.
Freight transporter Transport Trade Services (TTS) said in a stock market report on Monday that NAVROM S.A., the main provider of river transport services within TTS Group, completed an investment of EUR2.4 million by purchasing a package consisting of 8 EUROPA 2 barges, with a combined capacity of 13,600 tons, a floating dock, and a pontoon.
Romania’s natural gas transmission company Transgaz (TGN.RO) recorded a consolidated net profit of RON258.3 million in the first quarter of 2022, up 67% from RON154.4 million in the same period in 2021, as per the company’s financial report sent to the Bucharest Stock Exchange.
Fondul Proprietatea (FP.RO) posted RON826.1 million net profit in the first quarter of 2022, an increase of 17.8% on the RON701.4 million of the year-ago period, ZF has calculated from the data in the financial report published on the Bucharest Stock Exchange on Monday.
International capital markets are going through a period of significant volatility, and the Romanian capital market has aligned itself with this trend. Rising interest rates, geopolitical tensions, and persistent inflation are some of the factors behind these fluctuations.
Romania’s economy is expected to slow down its growth to 2.6% in 2022 after advancing 5.9% in 2021, the European Commission (EC) said in its Spring 2022 Economic Forecast report released on Monday (May 16).
Deloitte Romania and Reff & Associates | Deloitte Legal has assisted ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, in acquiring Dial, a Romanian company with over 20 years of experience in manufacturing wire products, such as fence panels.
Appraisal & Valuation (APP.RO), a real estate consulting, valuation and development business, on Monday said it appointed Ovidiu Nastase to the position of Chief Financial Officer (CFO) of the company.
Financial investment company Evergent Investments (EVER.RO, former SIF Moldova) said in a stock market report on Monday that it recorded a net profit of RON10.93 million in the first quarter of 2022, down 65% from RON31.5 million in the same period of 2021.
Whereas total energy sales in 1Q/2022 dropped by 30% from the year-earlier period, Hidroelectrica, Romania’s largest electricity producer, fully benefited from the soaring energy prices and announced record-high financial results for the first three months of 2022.
Real estate developer One United Properties, listed on the main market of the Bucharest Stock Exchange (ticker ONE), ended the first quarter of this year with consolidated revenues worth RON348.7 million, up 82% from the year-earlier period, while net profit surged by 320%, to RON166.4 million.
Management consulting and outsourcing company Accenture, which has over 4,000 employees in Romania, has opened a new office in Cluj, in the wage of $1.5 million, for the 900 employees who are part of Accenture Industry X arm, in charge with industrial software development.
Zetta clinic, specialized in plastic, reconstructive surgery and microsurgery, set up 10 years ago, aims to reach RON25.5 million turnover in 2022, up 23% on the year.
Romanian state-owned energy utility group Electrica (EL.RO) registered a loss of RON158 million in January-March 2022 versus a profit of RON58 million in the same period of 2021, and revenues of RON2.6 billion, up 52% compared to the first quarter of 2021, the company said in its quarterly financial report.19075 items