Found 19501 news
Aquila Part Prod (AQ.RO), an entrepreneurial company providing distribution and logistics services for consumer goods in Romania, has finalized the acquisition of 100% in Parmafood Trading SRL and Parmafood Group Distribution SRL, following fulfillment of all suspensive conditions stipulated in the contract, it said in a release.
The shareholders of port operator Socep Constanta (SOCP.RO) have rejected the proposal of shareholder Sammarina Imobiliare SA regarding the distribution of dividends in the amount of RON50 million, from the 2023 net profit, the company announced in a stock market report on April 26.
Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Ministry on Friday show.
Romanian state-run port operator Oil Terminal (OIL.RO) has announced in a stock market report that its shareholders approved in their ordinary general meeting of April 26 the distribution of RON9.6 million as dividends, from the company's 2023 net profit, of RON15.3 million.
The shareholders of Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) approved in their ordinary general meeting of April 25 the distribution of RON58.7 million as dividends owed to investors, the company announced in a stock market report.
Romania’s state-owned natural gas producer Romgaz has informed the capital market about its shareholders’ decision to distribute 20% of 2023 net profit under the form of dividends.
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rate will average 5.33%.
Raiffeisen, the Romanian subsidiary of the Austrian group of the same name, will distribute dividends worth RON860 million, namely half the record high profit of 2023.
Spyrosoft Solutions SRL, the local subsidiary of Poland’s software engineering company, in 2023 registered RON46 million turnover, over fourfold bigger than in 2022.
German retailer Kaufland has opened a new unit, in Nasaud city, Bistrita-Nasaud county, thus reaching a network of 178 hypermarkets nationwide.
Cristian Rusu, the entrepreneur who bought back Casa Rusu-Rus Savitar group from the investment fund Greenbridge to which he had sold it in 2019, says that since late last October, when he reentered its shareholding structure, he has taken a series of measures to gradually bring the business back to growth.
The market for payroll and human capital management solutions in Romania is going digital fast, creating significant growth potential for Romanian Software - the industry leader - in the coming years.
Upholstered furniture manufacturer Mobila Dalin based in Reghin (Mures County) ended 2023 with a turnover of almost RON48.9 million (EUR9.9 million), down almost 8% from RON53.2 million (EUR10.8 million) reported in 2022, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
The shareholders of electricity supplier and distributor Electrica (EL.RO) on April 25 approved the distribution of dividends in the amount of almost RON40 million, from the 2023 net profit.
The shareholders of BRD – Groupe Société Générale (BRD.RO), the fourth largest bank in Romania, by assets, have approved the distribution of a gross dividend of RON1.1725 per share from the net profit of 2023, as per a stock market report published at the Bucharest Stock Exchange.
Real estate developer One United Properties (ONE.RO) has notified the stock market about the decision of its shareholders to approve a corporate bond program of up to EUR300 million to streamline financing cots and refinance some loans.
Romania’s only nuclear power producer Nuclearelectrica (SNN.RO) has announced in a stock market report that its shareholders approved, in their general meeting of April 25, the distribution of dividends in the amount of RON1.12 billion, with the bulk going to the state budget.
Banca Transilvania (TLV.RO), the largest bank in Romania by assets, has announced in a stock market report that its shareholders approved, in their extraordinary general meeting of April 25, the distribution of dividends in the amount of RON1 billion from the 2023 profit.
Autotehnorom, a construction company in Suceava owned by the Ripan family, posted about RON200.9 million (EUR40.6 million) revenue in 2023, down 25.5% from the previous year’s RON270 million (EUR54.7 million), according to ZF calculations based on data from the Finance Ministry website.
JT Grup Oil, a fuel wholesaler of Constanta controlled by businessman Jean Paul Tucan, is launching a public offering for the sale of 10 million new shares issued following a share capital increase, and is announcing its listing on the AeRo market of the Bucharest Stock Exchange.19501 items