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Impact Developer & Contractor (IMP.RO), the real estate developer controlled by entrepreneur Gheorghe Iaciu, made RON110 million revenue of from the sale of real estate properties in the first nine months of 2021, down 19% compared with the same period last year, while net profit decreased by 43% to RON7.5 million.
Romanian aluminum processor Alumil Rom Industry (ALU.RO) on Monday said it ended the first nine months of 2021 with a net profit of RON5.08 million, up 127.9% on the year, and sales revenue of RON67.2 million, up 32% on the year, per calculations by Ziarul Financiar based on data from the company’s quarterly report.
Online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT.RO) on Monday reported a turnover of RON34 million for the first nine months of 2021, up 28% on the year, and a net profit of RON5.1 million, up 32% from the first nine months of 2020.
The software development hub of ING Group is getting ready to enter a new IT market in Romania, by opening an office in Cluj-Napoca (north-western Romania) in the coming period.
Dental and maxillofacial imaging chain DigiRay, founded by doctor Cristian Pop in Zalau in 2011 and acquired in 2020 by investment fund Black Sea Fund, has acquired the Dental Scan clinics in Bucharest and thus entered the Bucharest market with two other units.
E-mobility, self-driving and artificial intelligence software developer Porsche Engineering Romania has signed a lease with Iulius Group for 2,100 square meters of office space in the United Business Center building of the mixed-use project Iulius Town Timisoara.
Fabrica de Lapte Brasov, the producer of the Olympus dairy products, has invested EUR139 million in the plant in Halchiu, Brasov County, so far, in the decade since opening it, the company officials say.
Dr. Fischer Dental, which operates on the Romanian dental technique market and is held by Doctor Antoaneta Fischer, on Monday announced its intention to list on the AeRO market of the Bucharest Stock Exchange in January 2022.
Romanian state-owned hydropower producer Hidroelectrica on Monday reported record results for the first nine months of 2021 against the backdrop of a 48% increase in the average electricity sale price and an 18% higher amount of electricity sold.
Romania ranks 27th among 27 EU Member States in the overall ranking of the European Commission's 2021 Digital Economy and Society Index (DESI) released on Friday (Nov 12).
The European Investment Bank (EIB) will provide financing worth EUR305 million for the construction of a new Regional Hospital in Cluj, of a total cost of the project estimated at over EUR500 million.
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) said Friday in its financial report that it ended the first nine months of 2021 with a net profit of RON18.93 million, up 90.5% from the same period in 2020, and a turnover of RON160 million, up 13.8% on the year.
Euroins Romania, which remained leader on the civil liability car insurance (RCA) segment after the recent collapse of City Insurance, continues the strategy of reducing its exposure in the RCA sector, seeing a 5% increase in RCA policies up to 4.2 million in the first nine months of 2021.
Antibiotice Iasi (ATB.RO), the largest Romanian-owned pharmaceutical company, on Friday notified the Bucharest Stock Exchange that regional investment fund SIF Oltenia (SIF5.RO) bought 1.5 million shares at a price of RON0.57 each on Thursday, November 11.
CTP, the largest developer and manager of industrial and logistics space in Romania, has concluded a five-year lease contract with Tuborg Romania.
BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange, on Friday said it registered a net profit of RON19.3 million in the first nine months of 2021, compared with a loss of RON2.2 million in the same period in 2020, per its financial report.
Romanian state-run lender CEC Bank provides a pre-financing loan of RON175.3 million, over an 11-year period, for the construction of the ClusterPower data center located in Dolj County, a greenfield investment of RON208 million.
Romanian state-owned power grid operator Transelectrica (TEL.RO) said in its financial report released on Friday that its net profit declined by 46.7% on the year to RON81 million in the first nine months of 2021, and its revenue grew by 37% on the year to RON2.82 billion in January-September 2021.
Electricity and natural gas supplier Restart Energy has decided to withdraw from the natural gas supply business and focus on green power as of 2022. Its 18,000 customers will be allocated by energy market regulator ANRE to suppliers of last resort.
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) said Friday in a stock market report that ended the first nine months of 2021 with a net profit of RON112 million, down 45% on the year, and operating revenue before the balancing and construction activity of RON954 million, down 5% from the same period in 2020.19007 items