Construction material manufacturer Cemacon (CEON.RO) posted RON130.07 million net revenue in the first nine months, 27% lower than on September 30, 2022.
Idea Bank, which Banca Transilvania acquired two years ago, will change its name to Salt Bank and will become the first 100% digital bank made in Romania.
Precast concrete product manufacturer ASA CONS based in Turda ended the first nine months of this year with EUR28.3 million revenue, up 12% compared with the same period last year, the company said.
Agrotex, the farm input supplier based in Carei, Satu Mare County, and owned by Adrian Mircea Lata in partnership with Florentina Lata and Mirela Dana Savinescu, posted RON763.4 million (EUR149.3 million) revenue in 2022, up 10.8% on the previous year’s about RON689 million (EUR140 million), according to ZF calculations based on Finance Ministry data.
Romanian-owned textile manufacturer Pandora Prod in Focsani posted RON216.6 million (about EUR44 million) revenue in 2022, up 31.6% from the previous year’s almost RON164.6 million (EUR33.4 million), according to calculations made by ZF based on data from the Finance Ministry website.
Automotive component manufacturer Hella Romania, the local subsidiary of Germany’s Hella Group, is currently employing more than 5,500 people in its design and development centers in Timisoara, Arad, Lugoj, Oradea, Craiova and Iasi, an increase of around 10% compared with 2022.
The Bucharest Stock Exchange has announced Wednesday evening that the shares of Antibiotice (ATB.RO), the Romanian manufacturer of generic drugs, listed on the local capital market for 26 years, will be included in the indices of the global index provider MSCI, starting with the 1st trading day of December 2023.
Financial investment company SIF Muntenia (SIF4.RO) had a net profit of RON147 million in the first nine months of 2023, compared to a loss of RON63.9 million in the same period of 2022, as per the company's quarterly financial report published at the Bucharest Stock Exchange on Nov 15.
Transilvania Investments Alliance (TRANSI.RO), one of the five financial investment companies listed at the Bucharest Stock Exchange, ended the first three quarters with a net profit of RON152 million, up 176% on the year.
IT group Arobs Transilvania Software (AROBS.RO) on Wednesday (Nov 15) informed the capital market that it ended the first nine months of 2023 with a consolidated turnover of RON349.8 million, up 67% on the year.
Port operator Socep Constanta (SOCP.RO) has informed the local capital market on Wednesday (Nov 15) that it had a turnover of RON141.26 million in the first nine months of 2023, up 41.3% on the year.
Financial investment company Evergent Investments (EVER.RO) had a net profit of RON136.4 million in the first nine months of 2023, up 34.5% on the year, as per its quarterly financial report published at the Bucharest Stock Exchange on Wednesday (Nov 15).
Lion Capital (LION.RO), formerly known as SIF Banat-Crisana, a financial investment company listed on the Romanian capital market, reported a net profit of RON243 million for the January-September 2023 period, compared to RON7.3 million in the year-earlier period, as per its quarterly financial report published at the Bucharest Stock Exchange.
Deutsche Telekom (Germany) and OTE (Greece) have signed an agreement to sell Telekom Mobile Romania to Clever Media Network, a group controlled by entrepreneur Adrian Tomsa, which owns Prima TV and became better known after buying the TV rights for the national football championship, telecommunications market sources told ZF.