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Construction materials producer TeraPlast (TRP.RO) seeks to pay partial dividends amounting to RON226 million, subject to shareholders' approval in a meeting summoned for June 25.
Shares of Agroserv Mariuta (MILK.RO), the dairy processor of Laptaria cu caimac, started trading Friday on the Bucharest Stock Exchange AeRO market, reaching a stock market capitalization of RON111 million, with share prices at RON60/unit, 33% higher than the private placement price.
Denmark’s Lego posted RON117 million sales in Romania in 2020, 13% higher than in 2019, as well as RON3.1 million profit, Finance Ministry data show.
Industrial pipe manufacturer Silcotub Zalau, part of the Tenaris group of Italy’s Roca family, posted RON1.65 billion (EUR342.9 million) revenue last year, some 31% lower than the RON2.39 billion (EUR505.3 million) of 2019, Finance Ministry data show.
Health insurance provider Signal Iduna has signed an agreement to buy insurers Ergo Asigurari and Ergo Asigurari de Viata, after takeover plans by Bulgaria’s Eurohold fell through due to the failure to secure the necessary approvals from relevant authorities in due time, Signal Iduna says.
Aramis Invest, the largest furniture manufacturer in Romania, posted RON1.2 billion revenue in 2020, an increase of about 5% on the previous year.
Intesa Sanpaolo Romania, the local subsidiary of Italian Intesa Sanpaolo Group, on Thursday said it ended the first quarter of 2021 with operating revenue of EUR10 million, down 11.9% from the year-earlier period, per data released by the parent bank in Italy.
Sensiblu, the second most extensive pharmacy chain in Romania, which remodeled most of pharmacies under the Dr. Max brand, reported a turnover of over RON1.9 billion in 2020, up 6% on the year, per calculations by Ziarul Financiar (ZF) based on company data.
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, targets a turnover of RON110 million (EUR22.5 million) in 2021, up nearly 13% on the year, per calculations by Ziarul Financiar (ZF) based on company data. Benvenuti reported a turnover of RON97.5 million (EUR20.2 million) in 2020, down nearly 28% from 2019, per company data.
Organic fertilizer producer Norofert (NRF.RO) has summoned its shareholders on June 23, 2021 to approve the purchase of a number of shares representing 100% of the share capital of Zimnicea-based AGROPROD CEV S.R.L., a farm covering 1000 hectares, at the price of EUR1.88 million.
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Thursday announced investments of over RON270 million in consolidating the energy infrastructure in the region of Moldavia.
Alukönigstahl Romania, the local division of aluminium systems producer Austria’s Alukönigstahl, on Thursday said it ended 2020 with a turnover of RON100.5 million (EUR21.5 million), down 10% from 2019, and a net profit of RON14.5 million, from RON16.5 million in 2019, per finance ministry data.
Romania's finance ministry on Thursday rejected all bids for treasury bonds maturing in June 2026 on low demand, central bank data showed.
Real estate consultancy company Cushman & Wakefield Echinox announced Thursday it was consolidating its Asset Services team by recruiting Serban Iliescu, a specialist with 18 years of experience in the real estate market, as Property & Technical Manager.
Romanian employer branding and recruitment platform Undelucram.ro seeks to raise EUR600,000 financing for 12.2% of its shares and plans to use the money for regional growth and developing its machine learning and job matching algorithms.
The European grocery retail real estate market has remained resilient in the face of economic uncertainty, as the COVID-19 pandemic provided new opportunities for growth and increased investor appetite, a trend that is also apparent in Romania, real estate consultancy company JLL said Thursday.
ENGIE Romania, the largest natural gas distributor in Romania, has acquired a 5.46 MW solar park located in Teleorman, southern Romania, from two German investors.
Transport Trade Services (TTS), the biggest freight transporter on the Danube, expects to raise up to RON315 million in an IPO later this month.
Demand for cars is on the rise, says Alin Tapalaga, general manager of Porsche Inter Auto, as many companies postponed refreshing their fleets in 2020.
Romania’s government public procurement in 2020 helped contain Automobile Dacia’s decline in sales on its home market to less than 5% compared with about 30% abroad.20531 items