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BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange (BVB.RO) on Monday notified stock market investors of the decision its board of directors made on July 23 to have a private placement of bonds in August 2-13, 2021, seeking to raise RON25 million.

Evergent Investments (EVER.RO) on Monday concluded a Market Maker services contract with Raiffeisen Centrobank AG, in force until December 31, 2022, with the possibility of extension.

Romania’s Competition Council is looking into a transaction whereby Saint Gobain Construction Products Romania seeks to acquire the companies Duraziv and Duraziv Color.

Antibiotice Iasi (ATB.RO), the largest Romanian-held pharmaceutical producer, reported sales of RON161.4 million in the first half of 2021, up 10.2% from the same period in 2020, per calculations by Ziarul Financiar (ZF) based on the company’s half-year financial report released Monday.

Romanian state-owned lender CEC Bank reported a preliminary net profit of RON208.4 million in the first half of 2021, up 13% from the same period in 2020 and above the budgeted level.

Financial analysts expect the Romanian leu will depreciate to an average of 5.0261 units to the euro in the next 12 months (June 2021-June 2022), while inflation is seen averaging 4.11% during the same period, a monthly poll by CFA Romania showed Monday.

2Performant, the main player on the Romanian affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange, under the ticker symbol 2P, on Monday said it completed the first stage of the share capital increase operation.

Safety Broker, leader on the insurance brokerage market, ended the first quarter of 2021 with a volume of brokered gross premiums of RON355 million, up 23.4% from the year-earlier period, per data provided by company representatives.

One United Properties, one of the most active developers of residential, office and mixed-use projects in capital Bucharest, announces the closing of an agreement of up to EUR78 million in order to fund the office component of mixed-use project One Cotroceni Park.

Evergent Investments (EVER.RO), the largest of the five regional financial investment companies by capitalization (RON1.3 billion), on Friday notified the Bucharest Stock Exchange it had sold its 2.11% in Agricola International SA, a closed company, in the expected valuation parameters, at the fair value according to the National Association of Romanian Valuers and IFRS.

Transport Trade Services (TTS.RO), the largest Romanian shipping company on the Danube, has signed several contracts worth RON37 million in all with Cargill Agricultura, a leading grain trader in Romania.

Private lending grew by 1.4% in nominal terms and 1.1% in real terms to RON300.3 billion in June compared with May, central bank data showed Wednesday.

German-held discount retail chain Lidl, the leader of grocery retail in Romania, announced Marco Giudici will take over as chief executive officer on November 1, 2021, following departure of Frank Wagner, who had been in the position since December 2015.

Vodafone, one of the largest actors on the fixed and mobile communications market in Romania, which acquired former cable TV operator UPC in 2019, posted EUR190.9 million service revenue in the quarter ended June 30, 2021.

ETI European Food Industries, the company that operates the production facility of Turkey’s ETI Group in Craiova, ended 2020 with RON120 million (some EUR25 million) revenue, an increase of 27% year-on-year, Finance Ministry data show.

The residential development of Romania’s top cities is uneven, as the latest publicly available information from the National Statistics Institute show.

German-held Metro Cash & Carry group has budgeted double-digit growth in revenue year-on-year in 2021. Its officials say they are optimistic about the second half after the first half performance.

Romanian households’’ net wealth has increased 1.9 times in the past decade, going from RON1,274 billion in 2011 to an all-time high of RON2,414 billion (almost EUR500 billion) in 2020.

Stanleybet Capital of the Game World Group, one of the main sports betting and gambling operators in Romania, seeks to raise EUR2.5 million to EUR4 million via a private bond placement brokered by Goldring and due to start next week, ZF has learned. The bonds mature in three years and no coupon details have been released yet.

The non-bank financial system assets reached RON143.46 billion in 2020, an increase of 8% year-on-year and accounted for 13.59% of the GDP. This is a new high and 2.27% of it comes from the insurance sector assets, the annual end 2020 report of Romania’s Financial Supervisory Authority says.