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Organic fertilizer producer Norofert (NRF.RO) seeks to raise its share capital by a maximum of RON3.4 million by issuing and distributing free shares from its 2020 profit.
Individual investors bought RON1.4 billion million worth of Fidelis government bonds for the general population in the three-week subscription period ended Friday, March 19.
Lender ING Bank Romania on Monday said its revenues grew 3% in 2020, to RON2.1 billion, but it pre-tax profit dropped 37% on the year, to RON574 million.
Romanian game developer Amber reported a turnover of RON85 million in 2020, topping the $20 million threshold, up 58% compared with 2019, following expansion.
Romanian carmaker Dacia, owned by France's Renault, registered a record number of orders over the weekend for its first all-electric model, Dacia Spring.
Sphera Franchise Group (SFG.RO), one of the major actors on the restaurant market in Romania by sales and number of restaurants, paid some RON58.59 million rent in 2020, RON9.3 million less than in 2019.
Boutique investment fund manager Adventum, run by a Hungarian team of managers but officially based in Malta, is looking into buying Hermes Business Campus office complex in Bucharest from Belgian developer Atenor, real estate market sources say.
Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park portfolio in the country and the first 131 MW project in Arges has already been approved by national grid company Transelectrica.
Romania's government on Friday decided to allot RON1.5 billion for this year's state-guaranteed mortgage lending program, which allows homebuyers to buy homes of up to EUR140,000.
Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, said Friday it has signed an agreement to acquire assets within the uranium concentrate processing line at the Feldioara Branch of the National Uranium Company.
Azeri state-run oil company Socar Petroleum has opened two new gas stations, in counties Ialomita and Braila, reaching 63 units in Romania.
Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, summoned a shareholders' meeting on April 23 to approve rewarding investors with free shares.
BRD Groupe Société Générale, the third largest lender on the Romanian market by assets, said Friday it has deferred the loan repayments of 2,400 retail customers this year under a government ordinance introducing loan moratoriums.
MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, seeks to offer four free shares for each share owned to raise its share capital by RON677,200 from its 2020 profit.
Italian utility group Enel, which owns electricity distribution companies E-Distributie Muntenia, E-Distributie Dobrogea and E-Distributie Banat, reported revenues of EUR1.39 billion in Romania in 2020, from EUR1.37 billion in 2019.
Foreign investors operating on the Romanian financial market injected over RON200 million (around EUR42.3 million) as capital into their local subsidiaries in 2020, 73% less than in 2019, when capital inflows stood at RON744 million, Trade Registry Office data showed.
Germany’s Kärcher group, which makes vacuum cleaners in its own plant Curtea de Arges, Romania, said its turnover grew 30% in 2020, to over RON380 million, and business has picked up in 2021.
Estonian ride-hailing service Bolt currently has over 5,000 drivers active on its platform and the number is increasing, company officials told Ziarul Financiar.
Romanian state-owned Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, plans to distribute RON2.2 million as dividends from its 2020 profit of RON26 million profit.
The Cluj county council has issued an urban planning certificate in view of area planning and feasibility studies for the city's future metropolitan train line.18957 items