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Winemaker Purcari (WINE.RO) on Wednesday reported revenue of RON106.5 million for the first half of 2021, up 25% on the year, due to a 47% surge in sales in the second quarter of 2021, per the company’s financial report.
Azomures, Romania’s largest gas consumer, a business of around RON2 billion, says agriculture fertilizer prices have soared this year amid the unprecedented natural gas price hikes.
Uniqa Asigurari reported gross underwritten premiums worth EUR18.7 million, for the first half of this year, on the non-automotive insurance segment, up 3% from the same period of 2020, while Uniqa Asigurari de Viata registered a significant sales increase, of 56%, hitting underwritten premiums of EUR11.5 million in June 2021.
Vaslui-based meat processor Vanbet, controlled by entrepreneur Fanel Bogos, in 2020 reached turnover worth above RON233 million (EUR48.3 million), up 6% from 2019, when the company raked in around RON219.2 million (EUR46.2 million) in total turnover, according to ZF calculations based on Finance Ministry data.
Garden Inn Bucharest Airport Hotel, controlled by Lithuania’s Apex Alliance, in July posted a 70% occupancy rate, with demand on an upward trend in recent months.
Belgian-held developer Speedwell has started work on the second building of residential project The Ivy on Strada Jandarmeriei in northern Bucharest.
Poland’s Solaris Bus & Coach, one of the largest public transportation electric vehicle manufacturers, has completed delivery of 16 electric buses to Craiova and of three trolleybuses to Medias, following contracts signed with the two municipalities in 2020.
BRK Financial Group (BRK.RO) said in a stock market report Tuesday that, starting August 25, 2021, it will benefit from the Issuer's Market Maker (IMM) services provided by Wood & Company Financial Services, a top ten brokerage firm on the local stock market.
Deloitte Romania expands its management team by promoting four employees to the position of directors in the risk advisory, tax advisory, financial advisory and audit and assurance practices, following their contribution and commitment to serving clients and developing their teams.
Bankata.ro, an independent and digital platform providing complete financial product aggregation services, has received a financing of EUR180,000 for the development and implementation of its business plan.
Brick Romania, a local DIY and home improvement retailer based in Constanta, will be developing a network of regional centers to ensure supply to small localities.
Simtel Team (SMTL.RO), a Romanian engineering and technology company, has built for Kaufland Romania, one of the largest retail companies in Europe, two power plants which entailed the installation of over 1,300 photovoltaic (solar) panels.
Romanian oilfield equipment maker Upet Targoviste (UPET.RO) has signed an intermediation contract with real estate consulting firms Colliers and Jones Lang LaSalle (JLL) with a view to finding potential buyers for its factory, as it looks into the possibility of relocating production.
Electroaparataj Targoviste, a maker of electrical equipment and electrotechnical accessories, ended the first half of 2021 with net losses of RON415,425, compared with net profit worth RON711,115 in the same period of last year, amid turnover of RON4.5 million, down 42.9%, according to ZF calculations based on the first-half report the company filed with the BSE.
Private lending grew by 2.1% in nominal terms and 1.1% in real terms to RON306.590 billion in July 2021 compared with June 2021, central bank data showed Tuesday.
Holde Agri Invest, a Romanian company operating farmland, said in a stock market report Tuesday that it finalized the acquisition of Agrocom Exim Prod SRL and the full integration of the Videle farm into its structure. The transaction amounts to RON14.3 million for 2,400 hectares of land under lease.
Sphera Franchise Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, will benefit from the Issuer's Market Maker (IMM) services provided by BRK Financial Group (BRK), starting August 24, 2021, in order to increase the liquidity of shares traded on the Bucharest Stock Exchange.
Romanian software development company Softbinator Technologies wants to list its shares on the alternative trading system AeRO of the Bucharest Stock Exchange, under the ticker symbol CODE, until the end of 2021.
The number of workers in constructions, an industry pummeled by labour shortages in recent years, last year went beyond the 400,000 threshold, reaching over 416,000 people, in line with data included in the balance sheets of companies that filed 2020 reports.
Bihor-based farm input provider Agroind Cauaceu, a business founded by Corbut family, ended 2020 with turnover worth RON464 million (around EUR95 million), up 6.5% from 2019, data from financial analysis platform Confidas.ro show.18957 items