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Software solutions provider LIFE IS HARD (LIH.RO), listed on the AeRO market of the Bucharest Stock Exchange, ended the first quarter of 2022 with a net profit of RON338,000, up 39.6% on the year, and a turnover of RON6.04 million, up 16.3% on the year, as per the company’s quarterly financial report.
French do-it-yourself (DIY) retailer Leroy Merlin has opened its 20th store in Romania and the second in central city of Brasov on Friday (May 13).
Car parts manufacturer Compa Sibiu (CMP.RO) ended the first three months of 2022 with a net profit of RON1.4 million, down 81.4% on the year, and a turnover of RON198.4 million, up 9.4% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on stock market data.
Antibiotice Iasi (ATB.RO), the biggest Romanian-held drug maker, reported a net profit net of RON8.6 million for the first three months of 2022, up 113.7% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on the company’s financial report.
Prebet Aiud (PREB.RO), a manufacturer of precast products made of reinforced and prestressed concrete, ended the first quarter of 2022 with a net loss of RON140,000 versus a net profit of RON1.06 million in the same period of 2021, as per calculations by Ziarul Financiar (ZF) daily based on the company’s quarterly financial report sent to the Bucharest Stock Exchange.
FAN Courier, leader of the Romanian courier services market, has inaugurated a regional hub in Cluj-Napoca (north-western Romania) whose construction engulfed an investment of EUR14.5 million.
More than half of business leaders (53%) identified data and analytics as their top investment priority to build their transformation strategy over the next two years, according to the EY Tech Horizon 2022 survey.
Deloitte Romania assisted local natural gas producer and supplier Romgaz (SNG.RO) in the full acquisition of the 50% stake held by US’ Exxon Mobile Exploration and Production Romania Limited (EMEPRL) in the Neptun Deep gas exploration and drilling project in the Black Sea.
Romania's current account balance posted a deficit of EUR4.6 billion in January-March 2022, higher by 70% than EUR2.7 billion reported in the same period in 2021, central bank data showed on Friday (May 13).
Romanian state-run power grid operator Transelectrica (TEL.RO) recorded a net profit of RON8 million in the first quarter of 2022, down 90% from RON82 million in the first quarter of 2021, according to the company’s quarterly financial report released on Friday (May 13).
Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) recorded a turnover of RON117.17 million in the first quarter of 2022, up 15% on the year, and a net profit of RON18.8 million, up 96.8% versus the first quarter of 2021, in line with the company’s financial report released on Friday (May 13).
Romanian-held company Arctic Stream (AST.RO), an integrator of IT infrastructure and security, ended the first quarter of 2022 with a net profit of EUR900,000, double year-over-year, due to an increase of over 150% in revenues up to RON10.76 million (EUR2.17 million), according to the company’s financial report released on Friday (May 13).
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, said in a stock market report on Friday that it ended the first quarter of 2022 with sales of RON278 million, up 32% on the year.
Romanian natural gas producer and supplier Romgaz (SNG.RO) reports a net profit of RON980 million for the first quarter of 2022, up 111% from the year-earlier period, and a turnover of almost RON4 billion, up 195% on the year, the company said in its quarterly financial report sent to the Bucharest Stock Exchange on Friday.
Distribution and logistics company Aquila posted net profit worth RON12 million in 1Q/2022, double the figure posted in the first quarter of last year, with the result also being influenced by the acquisition of Trigor in the first half of 2021.
MedLife, the only private healthcare provider listed on the Bucharest Stock Exchange, reported net consolidated profit of RON32 million for 1Q/2022 and RON431 million turnover,
Courier services company GLS Romania last year registered 20% turnover growth, to RON336 million.
Industrializarea Carnii company (Kasarom), part of meat industry group Kosarom, a business founded by entrepreneur Neculai Apostol around 30 years ago, for 2021 reported turnover of around RON185 million (EUR37.6 million), up 3.4% on the year, in line with ZF calculations based on Finance Ministry data.
Macromex, the largest Romanian-owned distribution business, ended 2021 with turnover worth around RON633 million, up almost 7% year-on-year.
The Foreign Investors Council (FIC) on Thursday (May 12) published the FIC Business Sentiment Index report, which shows that one in two foreign investors in Romania have investment budgets for 2022 matching at least the level in 2021.19075 items