Romania Feed
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ZF English - 17:11 Feb 28, 2023
Chimcomplex (CRC.RO), the leading producer and supplier of vital chemical substances in the region, with two industrial platforms in Onesti and Ramnicu Valcea, reported a net profit of RON263 million for 2022, down 32% on the year, as per its preliminary financial report released Tuesday. -
ZF English - 16:09 Feb 28, 2023
Aluminium producer Alro Slatina (ALR.RO) on Tuesday reported a consolidated turnover of RON3.55 billion for 2022, slightly higher than in 2021, and a net profit of RON524 million, compared to RON57.5 million, as per data from the company’s financial report. -
ZF English - 15:18 Feb 28, 2023
ZAREA S.A, leader on the sparkling wine segment, is acquiring 70% of the shares of the group of firms DDMU (Domeniile Dealu Mare Urlati) founded by the Radulescu family, Ziarul Financiar (ZF) daily announced the transaction in its Tuesday edition, citing market sources. -
ZF English - 15:10 Feb 28, 2023
Digi Communications (DIGI.RO), the only telecom listed on the Bucharest Stock Exchange, posted EUR1.5 billion revenue in 2022, the year it sold its Hungarian operations, up from EUR1.28 billion in 2021, its financial report to the Bucharest Stock Exchange on Tuesday shows. -
ZF English - 13:59 Feb 28, 2023
Europe must raise productive investment spending significantly if it is to keep pace with global competition and meet net-zero goals, according to the EIB Investment Report 2022-2023. -
ZF English - 13:52 Feb 28, 2023
Financial analysts part of the CFA Romania association expect the Romanian leu will depreciate to an average of 5.0215 units to the euro in the next 12 months, while the annual inflation is seen falling to a single-digit territory, at 9.18%, during the same period. -
ZF English - 12:40 Feb 28, 2023
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, dropped to 6.96% on Tuesday (Feb 28) after stagnating at the 7% threshold over the last trading days, in line with central bank data. -
ZF English - 12:08 Feb 28, 2023
Romania’s finance ministry will be launching new government bond issues for the general population only, starting Wednesday (March 1, 2023), through the TEZAUR program. -
ZF English - 11:13 Feb 28, 2023
Raiffeisen Bank is listing on Tuesday (Feb 28) its third issue of sustainable bonds, worth RON369 million, on the Main Market of the Bucharest Stock Exchange. -
ZF English - 09:06 Feb 28, 2023
Romgaz, a natural gas producer and supplier controlled by the Romanian state, registered RON2.5 billion net profit in 2022, up 32.9% from the 2021 level. -
ZF English - 08:49 Feb 28, 2023
Hidroelectrica, Romania’s largest energy producer, ended 2022 with RON9.1 billion revenues, up 40%, and RON4 billion net profit, 32.7% higher, in line with the report of its minority stakeholder Fondul Proprietatea. -
ZF English - 08:33 Feb 28, 2023
Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, registered net profit worth RON1.74 billion (EUR354 million) in 2022, 23.8% higher than the RON1.4 billion (EUR286.5 million) result generated in 2021, owing to improved operating performance supported by continued strong lending growth. -
ZF English - 21:09 Feb 27, 2023
IT group Bittnet (BNET.RO) has notified investors about having received the financial instruments registration certificate and the Financial Supervisory Authority’s decision to approve the prospectus for admission to trading for BNET26E eurobonds. -
ZF English - 20:39 Feb 27, 2023
Danube transport company Transport Trade Services (TTS.RO) has announced a net profit at group level of RON178.1 million in 2022, higher by 167.7% versus the profit reported in 2021, as per the company’s preliminary financial report. -
ZF English - 20:35 Feb 27, 2023
Timisoara-based fuel supplier Artoil, owned by Alexandra and Alex Bunceanu, expects revenue to grow 10% this year compared with 2022, when it stood at RON1.14 billion (EUR231.2 million). -
ZF English - 20:03 Feb 27, 2023
Wizz Air announced on Tuesday (Feb 27) that it would suspend all flights from and to Chisinau, the capital city of the Republic of Moldova, starting March 14, 2023. -
ZF English - 19:57 Feb 27, 2023
Conpet Ploiesti (COTE.RO), a state-run crude oil transporter, ended 2022 with RON64.7 million net profit, up 24.6% compared with 2021, while revenue stood at RON472.2 million, 14.4% higher, according to the unaudited preliminary annual financial report. -
ZF English - 19:54 Feb 27, 2023
Romania's Finance Ministry raised RON439.2 million on Monday (February 27) selling bonds maturing in November 2025, at an annual average yield of 7.23%. -
ZF English - 19:41 Feb 27, 2023
Italy’s Calzedonia Group, one of the world’s leading fashion retailers, will be opening three stores under the brands Calzedonia, Intimissimi and Intimissimi UOMO, within the Palas Iasi mixed-use complex developed by IULIUS Group. -
ZF English - 19:04 Feb 27, 2023
Software solutions provider LIFE IS HARD (LIH.RO), listed on the AeRO market of the Bucharest Stock Exchange, on Monday (Feb 27) said it ended 2022 with a turnover of RON25 million, up 16.7% from 2021, and a net profit of RON4.48 million, up 26.2% versus 2021.