State-run Hidroelectrica (stock symbol: H2O.RO), the largest electricity generation company in Romania, has called shareholders for a meeting on April 29, 2025 to vote on approving the distribution of dividends in the amount of RON4 billion from its 2024 profit.
Smart ID Technology, with the support of private equity fund SARMIS Capital, announces the signing of an agreement to acquire a majority stake in AB Systems SRL, a leader in the production of durable barcode labels and smart RFID label solutions for the automotive, logistics, and retail industries.
Romania’s national grid company Transelectrica (stock symbol: TEL) has called shareholders for a meeting on April 29, 2025 to vote on approving the distribution of dividends in the amount of RON155.4 million from the RON585.9 million accounting profit for 2024 left after deducting the profit tax.
Real estate developer Nusco Imobiliara, present on the Romanian market since 1997, has sealed a funding agreement with Banca Transilvania for the development of the second phase of Nusco City project of northern Bucharest.
Romania's Finance Ministry raised RON500 million from banks on Thursday (March 27), selling benchmark bonds, at an annual average yield of 7.48%.
XTB Group ended 2024 with total revenue of EUR435 million, up 21% year-over-year, and net profit of EUR199 million, up 14% from 2023.
Sphera Franchise Group (stock symbol: SFG), the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, has informed the market in a report on March 27 about the opening of a KFC Drive Thru restaurant in the Romanian city of Galati.
Romania’s imports of recyclable raw materials from non-EU countries doubled over the past decade from 448,000 tons to over 910,000 tons, in line with official Eurostat data analyzed by Clean Recycle.
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, has entered a straight line with the completion of its new factory in Bolintin Vale (Giurgiu County), the largest concrete paving and slab production unit in the company’s network and in Southeast Europe.
Romania is starting to gain a position on the map of luxury retail, but the development of this segment is facing challenges because of the shortage of adequate commercial spaces.
Millenium Insurance Broker, among the 10 largest players on the local market, recently listed on the AeRO market of the Bucharest Stock Exchange, ended 2024 with net profit worth a little above RON2.48 million.
Transilvania Broker, the fourth largest insurance broker locally, ended 2024 with net profit of around RON8.7 million and plans to distribute RON3 million worth of dividends to shareholders, at a proposed share price of RON0.6.