Romania Feed

Real estate developer One United Properties reported revenues worth RON1.1 billion in 2021, up 105%, and net profit of RON506 million, from RON176 million in 2020.

Oves Enterprise, a Cluj-Napoca-based company specializing in software development, with EUR3 million turnover at end-2021 and 75 employees at present, wants to hire around 135 developers by yearend, according to Mihai Filip, the company’s CEO.

Romanian cable maker Iproeb Bistrita ended last year with operating revenue worth RON158 million, up from RON104 million in 2020.

Sipex, a wholesaler of materials and finishes for constructions, on Friday, February 25, 2022, wound up the private placements via which it raised from investors RON10.62 million, accounting for around 8%-9% of the company’s share capital.

“In our mission to be the leading digitization partner for sustainability and efficiency, we became the catalyst for climate action for our customers & stakeholders,” says Manuel Sanchez, Europe HR Senior Vice President at Schneider Electric, in an exclusive interview for Business Review. An ardent promoter of organizational transformation, Manuel Sanchez also talked about Schneider Electric’s adaptation […]

The backbone of futures trading is the futures contract, and the buyers make this contract regarding the asset exchange on a particular date and at a specific price. These types of contracts are crucial for buyers as well as sellers in order to eliminate the possibility of assets price movement. The most exciting thing is […]

Trading precious metals on a CFD basis is an exciting opportunity to earn money. With FinsRoyal metal trading becomes more exciting and profitable.   The relationship between demand and supply is the foundation of metal trading on a CFD basis. An enormous number of indicators and analysis tools are essential to monitoring the trading. FinsRoyal […]

River shipping company Transport Trade Services (TTS.RO), an entrepreneurial business listed on the Bucharest Stock Exchange, is calling shareholders to approve a share capital increase of RON30 million by incorporating undistributed profits from the previous years.

The main supply of energy resources comes from oil and its derivatives. Energy resources have significant value to conduct the activities of our daily lives. This vitality of the energy assets makes energy trading exciting and profitable.   However, crude oil and natural gas can derive major profits from numerous energy assets. If you are […]

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, grew to 3.78% a year on Friday (Feb 25, 2022) from 3.61% a year on Thursday, central bank data show.

A stake of 1% in Digi Communications (DIGI.RO), the largest telecommunications operator in Romania, changed hands in a RON45 million transaction on Friday, which translates into a price per share of RON40.9, the same as on Thursday.

When it comes to preparing some critical devices, such as transformers, electromagnets, inductors, or medical sensors, the development of micro-coils becomes essential for these devices. Micro-coils or electromagnetic coils are necessary for any type of application that requires collaboration between an electric current and a magnetic field.   There are mainly two methods to develop […]

Innobyte, one of the most important Romanian companies specialized in software development for eCommerce, registered a turnover of 10.6 million lei in 2021, an increase of 21.24% compared to the previous year, and a net profit of 2, 7 million lei, 21.87% above the 2020 figures.    Over the past year, Innobyte’s customer portfolio has […]

Deloitte was ranked the most valuable and strongest commercial services brand in the world for the fourth consecutive year, according to the latest edition of Brand Finance Global 500 report. Also, Deloitte ranks in the global top ten strongest brands regardless of their fields (9th place). Brand Finance, an independent brand valuation consultancy firm recognized worldwide, calculates the overall brand value […]

 Holde Agri Invest S.A., a Romanian company that operates agricultural land, posts consolidated revenues of 59 million lei in 2021, 46% higher than in 2020 and a net profit (according to IFRS), of 7.3 million lei, a 38% increase compared to 2020. Following the acquisitions made during the year, the company currently operates a total […]

2021 represented for Impact Developer & Contractor, the first year of a new production cycle, the capitalization and consolidation of the company, but also the start of sales.   Last year a total of 430 units, worth of 250 million lei were pre-sold, in increase with 37% compared to 2020, etimated to be capitalized as […]

Private healthcare operator MedLife (M.RO) reported a pro-forma consolidated turnover of EUR332 million in 2021, up 51% year-on-year, and announced plans for acquisitions and growth of EUR120 million, its report published on the Bucharest Stock Exchange website shows.

Romgaz (SNG.RO), Romania’s natural gas producer and supplier and the largest state-run company listed on the Bucharest Stock Exchange, saw its revenue increase by 44% and net profit by 52% in 2021 on the back of higher natural gas sales at higher prices compared with 2020.

Real estate developer Impact Developer & Contractor in 2021 generated consolidated operating profit of RON98.5 million, slightly higher than in 2020.

Romanian state-owned natural gas transmission company Transgaz ended 2021 with net profit worth RON177 million, 1% higher on the year.