Found 19075 news
Five-star hotel Radisson Blu of Cluj-Napoca, developed by Winners Park Invest, has for 2024 budgeted turnover similar with 2023 level, of EUR7.5 million, according to the company’s officials.
Alternative investment fund Evergent Investments (EVER.RO) plans to pay RON82 million dividends from the 2023 profit to its investors.
CC Trust Group, a family business founded and held by Swiss entrepreneur Claudio Cisullo, sold 10 million shares of real estate developer One United Properties (ONE.RO) on March 21.
Romania's Finance Ministry raised RON962.4 million from banks on Monday (March 25, 2024), selling benchmark bonds with a scheduled value of RON500 million due in May 2027, at an annual average yield of 6.21%.
Prime Kapital, a real estate developer and investor in Central and Eastern Europe, will open Arges Mall on April 25, the largest and most modern shopping center in Pitesti.
Practic Bucuresti (PRBU.RO), one of the largest owners of retail space in Bucharest, made RON26.9 million net profit in 2023, 29% lower than in 2022 and RON42.3 million revenue, 7.5% higher year-on-year.
Agroserv Mariuta, a Romanian agribusiness company and the owner of Laptaria cu Caimac brand, reported RON80 million sales in 2023, up 10% from 2022, and an operating result of RON4.3 million, 27% higher than in 2022.
Credit Europe Bank Romania in 2023 generated net profit worth RON66.8 million, more than twice the 2022 level.
Real estate consulting company Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, one of the most representative projects in the Expozitiei area of Bucharest, starting from January 2024.
Romanian engineering and tech company Simtel Team, a national leader in renewable energy, has obtained a RON60.6 million non-reimbursable funding under the National Recovery and Resilience Plan (PNRR).
CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has leased, for a five-year period, an area of 19,000 square meters of logistic spaces in CTPark Bucharest to Yusen Logistics Romania, the local subsidiary of Yusen Logistics, a global leader in logistics.
Real estate developer One United Properties estimates RON1.7 billion consolidated revenues, up 15% from the 2023 result, and RON525 million net profit, 17% above last year’s.
Sphere Franchise Group, which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, has budgeted two-digit increases for its main financial indicators in 2024.
Antibiotice Iasi, the biggest Romanian-held drug manufacturer, wants to reach RON104 million net profit in 2024, up 28% from 2023, in line with its income and expenses budget.
Port operator Oil Terminal (OIL.RO) has convened an ordinary general meeting of shareholders to vote, among other things, on the distribution of the net profit for the financial year 2023, namely the distribution of dividends of RON9.6 million.
Banca Transilvania (TLV.RO), the largest lender in Romania, is convening shareholders on April 25, 2024, to approve, among other things, the distribution of RON1 billion in dividends from profit reserves for 2023 and the increase of share capital by RON1.2 billion through the issuance of new shares.
iHunt Technology Import-Export (HUNT.RO), a supplier and manufacturer of cellphones and gadgets listed on the AeRO market of the Bucharest Stock Exchange, has called shareholders for April 23 to approve a program to issue non-convertible unsecured corporate bonds up to RON12 million.
Arctic Stream (AST.RO), an IT infrastructure and security integrator, has called shareholders for April 23 to vote on the distribution of RON5 million dividends from the RON9.2 million profit of 2023.
Alumil Rom Industry (ALU.RO), a leader on the aluminum systems market, has called shareholders for April 26 to vote on the distribution of RON0.2/share gross dividends or a total of about RON6.25 million.
BCR, the second largest lender in Romania by assets, plans to double exposure to the agrifood sector to EUR2 billion by the end of 2026, its representatives told ZF.19075 items