Romania Feed

Auto parts manufacturer Altur Slatina (ALT.RO) on Wednesday reported a net profit of RON2.7 million for 2022 from a loss of RON7 million in 2021, as per its preliminary financial report.

Romanian apparel manufacturer Braiconf Braila (BRCR.RO) on Wednesday said it ended 2022 with a net profit of almost RON570,000 versus a loss of RON3.78 million at end-2021, as per data from the company’s financial report.

Lender Banca Transilvania is set to buy back 900,000 own shares at a minimum price equal to the stock market price at the moment of the acquisition and at a maximum price of RON40.

Financial investment company SIF Oltenia (SIF5.RO) posted RON2.2 billion assets in 2022, down from the RON2.4 billion of 2021. Net profit on the other hand, increased from RON37.6 million to RON165 million, the company’s report to the Bucharest Stock Exchange says.

Rompetrol Well Services (PTR.RO), Rompetrol's oil services division, ended 2022 with operating revenue of RON53 million, up 17% year-on-year, and a net profit of RON2.6 million, 62% higher than in 2021.

A multidisciplinary team of lawyers specialized in administrative litigation and in urban planning law from Reff & Associates | Deloitte Legal represented Promenada Mall Bucharest, part of NEPI Rockcastle Group, in a lawsuit in which the Bucharest Court rejected the request for annulment of the Bucharest General Council’s Decision no. 339/2020 under which it was approved the Urban Plan for the Capital’s second District.

Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO), indirectly held by businessman Zoltan Prosszer, on Wednesday reported revenue of RON2.1 billion for 2022, slightly higher than in 2021, and a net profit of RON72 million, up 20% versus 2021.

Romanian cable maker Iproeb Bistrita (IPRU.RO) reported a net profit of RON21.9 million for 2022, up 467% from RON3.86 million reported for 2021.

SIF Banat Crisana (SIF1.RO), a financial investment company that will soon change name to Lion Capital, announced its assets reached RON3.4 billion in 2022, compared with RON3.6 billion in the previous year.

Autonom Services, the mobility network controlled by brothers Marius and Dan Stefan, with bonds listed on the Bucharest Stock Exchange, on Wednesday reported a net profit of RON61.5 million for 2022, up 173.4% versus RON22.5 million reported for 2021.

RebelDot, a Cluj-based software development company, seeks to recruit 100 experts in 2023 and thus reach 280 employees at its offices in Cluj-Napoca, Oradea and Copenhagen, company representatives said in a statement.

Drilling company Dafora Medias (DAFR.RO) posted RON11.9 million revenue in 2022, 85.8% lower than the RON83.6 million of the previous year, ZF has calculated from the data in the company’s financial report.

The year 2023 starts on an optimistic note for the air travel sector, as passenger traffic on Romania’s airports stood at more than 1.66 million in January, Romanian Airports Association (AAR) data show.

AROBS Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange, posted RON300.9 million consolidated revenue in 2022, an increase of 58% on 2021.

iHunt Technology Import-Export (HUNT.RO), a Ploiesti-based supplier and manufacturer of cell phones and gadgets, on Tuesday announced a 39.4% decline in its 2022 net profit, to RON4.5 million, from RON7.45 million reported in 2021, in line with the company’s annual preliminary financial report.

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) reported preliminary net profit of RON14.2 million for 2022, lower by 39.55% than the net result reported for 2021, amid 4.3% lower turnover of RON315.4 million, as per calculations by Ziarul Financiar (ZF) daily based on data from the company’s annual preliminary financial report.

Meta Estate Trust (MET.RO), a holding company operating in the real estate sector and present on the AeRO market of the Bucharest Stock Exchange, announced total revenue of RON21.7 million, up from RON3.1 million in the previous year, and a net profit of RON6.5 million, from a loss of RON2.4 million in 2021, according to data in the preliminary unaudited financial report submitted to the Bucharest Stock Exchange.

Franklin Templeton International, the manager of Fondul Proprietatea (FP.RO), has summoned FP shareholders on March 23 for the Ordinary and Extraordinary General Meetings and one of the issues on the agenda targets the approval of the allocation of the remaining net accounting profit.

Purcari Wineries, a Moldovan winemaker listed on the Bucharest Stock Exchange under the symbol WINE, announced total revenue of RON302.5 million last year, up 22% from RON248.1 million in 2021.

Saxo Bank Group reported revenue of EUR599 million for 2022, down 1.6% from EUR609 million in 2021, in line with a press statement.