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Survcontrol Agro, a company that sells farm inputs such as seeds and feed, as well as grain, posted RON371.9 million (EUR75.2 million) revenue in 2023, down 17.8% from the previous year’s RON452.5 million (EUR91.7 million), according to ZF calculations based on Finance Ministry data.
CEC Bank, the largest state-run lender in Romania, fully owned by the Finance Ministry, has redeemed RON660 million worth of notes listed on the Bucharest Stock Exchange and due in December 2025.
ALRO, one of the largest vertically integrated aluminium producers in Europe, recorded a net profit of RON126.8 million in January-September 2024, compared to loss of RON394 million in the same period of 2023, as per its financial report published at the Bucharest Stock Exchange.
Bitdefender, one of the most successful IT businesses in Romania, which became a global leader on the market of cybersecurity solutions, posted $391.9 million consolidated net revenue in 2023, 16% higher year-on-year and adjusted EBITDA of $85 milion, 21.7% higher, its co-founder and CEO Florin Talpes said during an online meeting with the media.
Romania's current account deficit stood at EUR19.7 billion in January-September 2024, compared with EUR16 billion reported in the same period of 2023, central bank data showed on Wednesday (Nov 13, 2024).
Romania's industrial production increased by 14% in September 2024, in unadjusted data, compared to August 2024, but was down 0.1% . when adjusted for the number of working days and seasonality, data from the country's statistics board INS showed on Wednesday (Nov 13).
Dendrio, part of Bittnet group, has contracted a RON5 million credit line from ING Bank to fund working capital and current activities.
Oil Terminal, the operator of the oil terminal in Constanta harbor, in the first three quarters of 2024 registered RON45.3 million net profit, almost double the level of the year-earlier period.
Aquila, an entrepreneurial FMCG wholesale and logistics company, ended the first nine months of 2024 with RON2.1 billion revenues, up 20%, and RON57 million net profit, down 19%.
Safetech Innovations, a Romanian cybersecurity company, for the first nine months of 2024 reported RON30 million turnover, up 49%, and RON9.3 million net profit, 58% above the year-earlier period level.
Vodafone group will open a cybersecurity center in Romania this month serving several European markets, in line with an announcement the British company made in an investors report as it announced financial results for the first half of fiscal year 2025.
Meltem Textil, a company based in Mizil, Prahova County, and held by Mustafa Murat Iplikci and Mehmet Iplikci, has signed the contract via the Just Transition scheme and got the permits to start construction of a new pillow and duvet factory, a EUR7 million investment, its officials said.
Simtel Team (SMTL.RO), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and a national leader in renewable energy, posted RON172.3 million consolidated operating revenue in the first nine months of 2024, down 19% compared with the year-ago period.
The top 10 brokers present at the Bucharest Stock Exchange, listed depending on the value of deals handled and market share, intermediated operations worth RON1.68 billion in October 2024, accounting for 90.83% of the total deals brokered throughout the month, in the amount of almost RON1.9 billion, in line with calculations by Ziarul Financiar (ZF) daily based on stock market data.
Banca Transilvania (TLV.RO), the largest lender in Romania, on Tuesday notified the Bucharest Stock Exchange that on November 11, its Board of Directors approved buyback of up to 2 million of BT shares out of the 6.5 million approved for repurchase by shareholders.
Inter Computer Romania, part of Hungary's Inter Computer Group (IC Group), posted EUR3 million revenue in the first nine months of 2024, achieving its full-year target as early as in the third quarter.
The Board of Directors of electricity and electrical equipment producer Electromagnetica (stock symbol: ELMA) has called its shareholders for a meeting on December 19 to vote on approving a program for the repurchase of maximum 60 million own shares, with a nominal value of RON0.1 per share.
Transilvania Broker de Asigurare (stock symbol: TBK), one of the largest insurance brokers in Romania, recorded a net profit of RON2.2 million for the first nine months of 2024, down 65% compared to the same period of 2023, as per the company's quarterly financial report sent to the Bucharest Stock Exchange.
Nuclear power producer Nuclearelectrica (stock symbol: SNN) and Framatome have announced the signing of a Collaboration Agreement for the production of the medical isotope Lutetium-177 (Lu-177) at the Cernavodă nuclear power plant in Romania. Lutetium-177 is used for a range of vital cancer treatments.
The Bucharest Stock Exchange has announced on Nov 12 the official opening of the trading session for the listing of the shares of IMMO GURU, a company that operates in the field of leasing own real estate property, both in the short term and in the long term.19522 items