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Meat products manufacturer CIA Aboliv, based in the locality of Mihai Viteazu (Cluj County), currently has 30 jobs available for unskilled workers at its meat processing plant in Mihai Viteazu, in line with data available on the website of Cluj County Employment Agency.
Furniture maker Taparo, part of Taparo group of firms founded by entrepreneur Ioan Filip, currently has 30 jobs available at the plant in the locality of Borcut, near the town of Targu-Lapus (Maramures County), in line with data available on the website of Maramures County Employment Agency.
AROBS Transilvania Software (AROBS.RO), the biggest tech company listed on the Bucharest Stock Exchange, reported a consolidated turnover of RON428 million for 2023, up 43% vs 2022, normalized EBITDA of RON93 million, up 22% on the year, and a normalized net profit of RON52 million, down 3% vs 2022, amid the integration process into the group of the companies acquired in the last two and a half years.
Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum producers in Europe, measured by production capacity, announced net loss of RON537.9 million for 2023, from net profit of RON331 million in 2022,as per its preliminary financial results.
Pharmaceutical manufacturer Antibiotice Iasi (ATB.RO) ended 2023 with net profit of RON80.7 million, up 109.5% from 2022, and a turnover of RON600.8 million, up 7.2% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on data from the company's annual preliminary financial report published at the Bucharest Stock Exchange.
Romanian state-owned oil transporter Conpet Ploiesti ended 2023 with net profit of RON60.2 million, down 2.3% on the year, and a turnover of RON485.1 million, up 2.7% on the year, in line with data from the company's annual preliminary report published at the Bucharest Stock Exchange.
Bittnet Systems (BNET.RO), an IT Group listed on the Bucharest Stock Exchange, has informed investors in a stock market report on Wednesday (Feb 28) about the Board of Directors' decision regarding the launch of an initial public offering for sale of corporate bonds, unsecured, non-convertible, issued in Romanian currency, in the amount of RON15 million.
BRK Financial Group (BRK. RO), the only stockbroker listed on the Bucharest Stock Exchange, on Wednesday (Feb 28) announced a net profit of RON376,115 for 2023, compared to a loss of RON15.2 million in 2022.
Telecom operator Digi Communications (DIGI.RO), an entrepreneurial company controlled by businessman Zoltan Teszari, reported consolidated revenue of EUR1.69 billion (nearly RON8.4 billion) for 2023, up 13% from 2022, as per data from the company's annual preliminary financial report.
La Mama restaurant chain, started by entrepreneur Catalin Mahu 25 years ago, plans to resume expansion in 2024 and open two new units, within investments worth EUR2 million, along with increasing staff numbers by some 100 people, aiming to focus on local workforce and forgo Asiam workers.
Romania’s national power transmission company Transelectrica (TEL.RO) reported net profit of RON219 million for 2023, lower by RON296 million or 57.5% than in 2022, mainly due to the fact that in the current year there was no revenue from the capitalization of own technological consumption (OTC) at the level of the amount recorded in 2022 (RON13.8 million in 2023 vs RON338.5 million in 2022).
Low-cost airline Wizz Air announces that it added new routes from the Romanian cities of Bucharest and Brasov to the Hungarian capital city of Budapest.
PR agency Golin Romania, one of the leading Public Relations agencies on the local market, has announced the appointment of Cristina Butunoi to the position of Executive Director.
Electrica has announced on Wednesday (Feb 28) that its shares have been admitted for the first time ever for inclusion in the FTSE Global Equity Index Series (GEIS), and that the effective entry into FTSE Russell indices will take place starting with the trading session on 18 March 2024.
Investimental, the newest broker on the Romanian capital market, has reached 1,000 retail investors in Romania, who collectively manage some 3,200 trading accounts, investing in the Romanian and the US markets.
The optimism regarding the economic evolution in Central Europe is growing, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey, as the share of respondents who expect overall economic climate to improve went up to 42 percent, from 15 percent, in the summer of 2023.
The volume of real estate deals in 2023 declined to around EUR476 million, less than half the 2022 record high, but the market is likely to slightly rebound this year, to around EUR500 million, reveals an analysis by Colliers.
Infinity Capital Investments registered revenues worth RON100.6 million in 2023, down 48%, and RON7.6 million net profit, 58% lower than in 2022, impacted by the dynamic of dividend income.
Romanian aircraft parts maker Romaero (RORX.RO), which entered insolvency amid financial distress, on Tuesday (Feb 27) announced that the provisional judicial administrator and the special administrator decided to appoint Bogdan Costas to the position of Chief Executive Officer (CEO) for a four-year term of office, until February 27, 2028.
Farmaceutica Remedia Group, with activities in drug wholesale for pharmacies, but also for clinics and private hospitals, in pharma retail and sale of robots for pharmacies, ended 2023 with a turnover of RON593.36 million, up 9.7% from RON535.85 million in 2022.19990 items