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Drilling company Dafora Medias (DAFR.RO) posted RON11.9 million revenue in 2022, 85.8% lower than the RON83.6 million of the previous year, ZF has calculated from the data in the company’s financial report.
The year 2023 starts on an optimistic note for the air travel sector, as passenger traffic on Romania’s airports stood at more than 1.66 million in January, Romanian Airports Association (AAR) data show.
AROBS Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange, posted RON300.9 million consolidated revenue in 2022, an increase of 58% on 2021.
iHunt Technology Import-Export (HUNT.RO), a Ploiesti-based supplier and manufacturer of cell phones and gadgets, on Tuesday announced a 39.4% decline in its 2022 net profit, to RON4.5 million, from RON7.45 million reported in 2021, in line with the company’s annual preliminary financial report.
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) reported preliminary net profit of RON14.2 million for 2022, lower by 39.55% than the net result reported for 2021, amid 4.3% lower turnover of RON315.4 million, as per calculations by Ziarul Financiar (ZF) daily based on data from the company’s annual preliminary financial report.
Meta Estate Trust (MET.RO), a holding company operating in the real estate sector and present on the AeRO market of the Bucharest Stock Exchange, announced total revenue of RON21.7 million, up from RON3.1 million in the previous year, and a net profit of RON6.5 million, from a loss of RON2.4 million in 2021, according to data in the preliminary unaudited financial report submitted to the Bucharest Stock Exchange.
Franklin Templeton International, the manager of Fondul Proprietatea (FP.RO), has summoned FP shareholders on March 23 for the Ordinary and Extraordinary General Meetings and one of the issues on the agenda targets the approval of the allocation of the remaining net accounting profit.
Purcari Wineries, a Moldovan winemaker listed on the Bucharest Stock Exchange under the symbol WINE, announced total revenue of RON302.5 million last year, up 22% from RON248.1 million in 2021.
Saxo Bank Group reported revenue of EUR599 million for 2022, down 1.6% from EUR609 million in 2021, in line with a press statement.
Chimcomplex (CRC.RO), the leading producer and supplier of vital chemical substances in the region, with two industrial platforms in Onesti and Ramnicu Valcea, reported a net profit of RON263 million for 2022, down 32% on the year, as per its preliminary financial report released Tuesday.
Aluminium producer Alro Slatina (ALR.RO) on Tuesday reported a consolidated turnover of RON3.55 billion for 2022, slightly higher than in 2021, and a net profit of RON524 million, compared to RON57.5 million, as per data from the company’s financial report.
ZAREA S.A, leader on the sparkling wine segment, is acquiring 70% of the shares of the group of firms DDMU (Domeniile Dealu Mare Urlati) founded by the Radulescu family, Ziarul Financiar (ZF) daily announced the transaction in its Tuesday edition, citing market sources.
Digi Communications (DIGI.RO), the only telecom listed on the Bucharest Stock Exchange, posted EUR1.5 billion revenue in 2022, the year it sold its Hungarian operations, up from EUR1.28 billion in 2021, its financial report to the Bucharest Stock Exchange on Tuesday shows.
Europe must raise productive investment spending significantly if it is to keep pace with global competition and meet net-zero goals, according to the EIB Investment Report 2022-2023.
Financial analysts part of the CFA Romania association expect the Romanian leu will depreciate to an average of 5.0215 units to the euro in the next 12 months, while the annual inflation is seen falling to a single-digit territory, at 9.18%, during the same period.
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, dropped to 6.96% on Tuesday (Feb 28) after stagnating at the 7% threshold over the last trading days, in line with central bank data.
Romania’s finance ministry will be launching new government bond issues for the general population only, starting Wednesday (March 1, 2023), through the TEZAUR program.
Raiffeisen Bank is listing on Tuesday (Feb 28) its third issue of sustainable bonds, worth RON369 million, on the Main Market of the Bucharest Stock Exchange.
Romgaz, a natural gas producer and supplier controlled by the Romanian state, registered RON2.5 billion net profit in 2022, up 32.9% from the 2021 level.
Hidroelectrica, Romania’s largest energy producer, ended 2022 with RON9.1 billion revenues, up 40%, and RON4 billion net profit, 32.7% higher, in line with the report of its minority stakeholder Fondul Proprietatea.19029 items