Found 19990 news
Port operator Socep Constanta (SOCP.RO) ended 2023 with profit of RON92.7 million, up 117.5% from RON42.6 million reported in 2022, as per its preliminary financial report, which offers no explanation regarding the financial evolution in 2023.
Rompetrol Well Services (RRC.RO), one of the major suppliers of well services in Romania, reported a turnover of RON73.5 million for 2023, up 38.2% from 2022, as per the company's preliminary financial results published at the Bucharest Stock Exchange.
Alternative investment fund Lion Capital (LION.RO) had a net profit of RON417.3 million in 2023, up 337% on the year, as per its annual preliminary financial report.
Alternative investment fund Evergent Investments (EVER.RO) reported a record value in total assets, of RON2.95 billion, for 2023, from RON2.36 billion in 2022, as per its unaudited report published at the Bucharest Stock Exchange on Feb 29.
SIF Muntenia (SIF4.RO) ended 2023 with net profit of RON212.8 million, compared to a net loss of RON33.2 million in 2022, and dividend income of RON82.5 million, down 13.5% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on the annual preliminary financial results published at the Bucharest Stock Exchange.
Sphera Franchise Group (SFG.RO), the largest group in the food service industry in Romania, closed its best year ever, with sales of RON1.47 billion and improved profitability indicators – normalized EBITDA up 44.1% compared to 2022, at RON147.9 million, and normalized net profit up 80.3% compared to the previous year, at RON79.8 million.
Visual Fan, a company listed on the Bucharest Stock Exchange under the ticker symbol ALW and owner of the Allview brand, recorded a 19.1% increase in turnover, at a group level, up to RON134 million (nearly EUR27 million), and a 48% rise in profit, to RON7 million (EUR1.4 million), as per its report with preliminary results (unaudited) for 2023.
Life is Hard (LIH.RO), a technology company listed on the AeRo market of the Bucharest Stock Exchange, announced on Feb 29 that the consolidated net profit doubled to RON7.16 million in 2023 vs 2022.
Natural gas transmission company Transgaz (TGN.RO) ended 2023 with net profit of RON172.4 million, at a group level, down 50% vs 2022, as per the company's preliminary consolidated report published at the Bucharest Stock Exchange.
HILS Development, a real estate developer held by Ionut Negoita, announces a new residential project in Pallady area in the eastern part of capital city Bucharest.
Venture capital investment fund Early Game Ventures (EGV), launched in 2018 and the most active investor in tech startups in Romania, has received approval for a significant tranche of financing for its second fund, in the total amount of EUR60 million, as per an announcement by EGV representatives.
the Bucharest Stock Exchange (BVB) has granted 19 awards to listed companies, brokerage companies, private pension and investment funds for their achievements in 2023 stock exchange year, it said in statement Thursday (Feb 29).
Innobyte, a leading player on the Romanian e-commerce market, ended 2023 with a turnover of RON12.57 million, up 30% on the year, and EBITDA of RON2.67 million, up 40% from 2022, company representatives said in a statement.
IAR Brasov (IARV.RO), which makes and repairs spare parts for helicopters, reported net profit of RON24 million for 2023, up 69.5% from RON14.2 million in 2022, as per the company's preliminary financial report published at the Bucharest Stock Exchange.
Romanian authorities issued 1,829 residential building permits in January 2024, 12% fewer than in January 2023, data from the country’s statistics board INS showed on Thursday (Feb 29, 2024).
NN paid insurance customers and private pensions participants a total RON983 million in 2023, higher by 27% than in 2022.
Romania's Finance Ministry raised RON441.3 million from banks on Thursday (February 29, 2024), selling benchmark bonds with a scheduled value of RON500 million due in February 2029, at an annual average yield of 6.34%.
Romanian executives forecast a period of relative stability in retail trade and services, in parallel with relative stability in the number of employees in manufacturing industry, construction and services and sharp price increases in retail trade, for the period February – April 2024, in line with a survey carried out by the country’s statistics board INS.
iHunt Technology Import-Export, a supplier and manufacturer of mobile phones and gadgets, has announced net loss of RON1.23 million for 2023, compared to net profit of RON4.5 million in 2022, as per data from its annual preliminary financial report.
Turbomecanica (TBM.RO), a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, reported net profit of RON10.74 million for 2023, down 11.85% from 2022, and revenue from contracts with clients of RON131.3 million, down 5.6% vs 2022, according to the company's preliminary financial results.19990 items