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Only ten out of 25 construction companies with more than RON100 million revenue, which had doubled revenue in 2019, posted growth again in 2020.
Pharmaceutical producer Tis Farmaceutic, which owns a plant in Bucharest, ended 2020 with RON24.2 million revenue, an increase of 6% on 2019, ZF has calculated based on publicly available data.
Bucharest-based builder BTD Construct & Ambient SRL posted RON206 million revenue in 2020, an increase of 23% year-on-year, Finance Ministry data show.
Airline Blue Air is expanding its operations on the Milan Linate airport, introducing three new routes towards Catania, Barcelona and Paris Charles de Gaulle, starting August 16, 2021.
Electronics retailer Flanco, the second largest player on the Romanian electro-IT market, has invested over RON4.2 million in digitizing the company, of which RON3 million went into a project aimed at moving the online store on the Magento 2 platform.
Banca Transilvania (TLV.RO), the largest lender in Romania, on Wednesday notified the Bucharest Stock Exchange that its chief financial officer George-Razvan Calinescu sold 75,000 shares at an average price of RON2.7 on July 9.
Romania’s Competition Council has started an in-depth inquiry into the local building materials market, against the backdrop of increases in prices of some building materials both locally and globally.
The Romanian leu dropped to a fresh all-time low against the euro on Wednesday (July 14), as the central bank average reference rate stood at 4.9283 lei to the European currency.
Recruitment website eJobs, held by Swiss company Ringier, ended the first half of 2021 with a turnover of over EUR5.5 million (RON27 million), up nearly 70% compared with the same period in 2019, per data provided by company representatives.
Romania's current account balance posted a deficit of EUR5.947 billion in the first five months of 2021, compared with a deficit of EUR3.207 billion in the same period in 2020, central bank data showed Wednesday.
A total 35 MyAuchan proximity stores were opened in Petrom filling stations, in ten Romanian counties, in January-June 2021, but the aim is to open 100 units annually, said Tiberiu Danetiu, marketing director at Auchan Retail Romania.
Alexandrion Group, the largest spirits producer in Romania, with a nearly RON955 million turnover in 2020, is entering the gin market, with the Kingsbury London Dry Gin product launched simultaneously on the Romanian market and globally.
The second bond issue, worth EUR7 million, of Vivre Deco, one of the largest online retailers of furniture and decorations in Central and Eastern Europe, has started trading on the Multilateral Trading System of the Bucharest Stock Exchange on July 14, 2021, under the ticker symbol VIV26E.
EximBank has granted a financing facility of RON167 million to ALRO Slatina, the only producer of aluminium and aluminium alloys in Romania and one of the largest vertically integrated aluminium producers in Europe, measured by production capacity.
The Board of Directors of Sphera Franchise Group, the operator of Pizza Hut, KFC, and TacoBell in Romania, plans to pay some RON35 million to shareholders in dividends from the 2019-2020 undistributed profits.
Mihail Kogalniceanu International Airport in Constanta saw only 14,700 people passing through it in the first half, about 72% fewer than in the year-ago period, the data the company officials supplied show.
Bucharest Stock Exchange closed at a new all time high on July 13, 2021 and overshoot the 12,000-point mark for the first time ever, if looking at its main index, BET, which shows the trend of the 17 most traded companies.
Meta Estate Trust, a new company on the Romanian real estate market, on Tuesday announced that it has successfully closed its private placement of shares, raising RON21 million from investors.
Regional investment fund SIF Transilvania (SIF3.RO) has been authorized by the Financial Supervisory Authority (ASF) as a Retail Investor Alternative Investment Fund (RIAIF), under Authorization no. 150/09.07.2021, per a stock market report.
Transport Trade Services (TTS.RO), Romania's biggest freight transporter on the Danube, which was listed on the Bucharest Stock Exchange on June 14, 2021, will benefit from market maker services provided by BRK Financial Group (BRK), starting July 14, 2021.19702 items