Found 18948 news
BRK Financial Group (stock symbol: BRK), the only broker listed at the Bucharest Stock Exchange, has announced shareholders and investors in a stock market report on August 18 the nomination of Ovidiu-George Dumitrescu, CFA, for the position of Deputy Chief Executive Officer, responsible with overseeing the Client Operations Department.
Romania's Finance Ministry raised RON900 million from banks on Monday (August 18), selling government paper in two auctions, at annual average yields of 7.48% and 7.49%, respectively.
Alexandrion Group, Romania’s leading producer and distributor of spirits and wines and the country’s only single malt whisky producer, part of the Nawaf Salameh Family Office, is expanding its distribution network into the Baltic countries, through partnerships in Estonia, Lithuania and Latvia.
Precast concrete part maker Prefab Bucuresti (stock symbol: PREH), majority held by entrepreneur Petre Milut, ended the first half of 2025 with loss of RON1.3 million and a turnover of RON33.4 million, the company said in a stock market report on August 18.
Payment terminal network POS (Point of Sale) developed by PayPoint Romania has exceeded 26,000 units across Romania, seeing a nearly 40% increase over the last four years and more than 9 million transactions per month.
Romania's Competition Council is looking into a transaction through which Vinci Energies S.R.L. intends to acquire the companies Energobit S.A., ELM Electromontaj Cluj S.A. and Energobit Control Systems S.R.L.
Romania's Competition Council is assessing the transaction through which RZ International Beteiligungs GMBH, Austria, intends to acquire the companies Thermonet Beteiligungs GMBH, Austria, and Thermonet SRL.
Romania's Competition Council is analyzing the transaction through which Hartmann Packaging A/S plans to acquire Dentas Romania SRL.
Drug manufacturer Biofarm (BIO.RO) posted sales revenue of RON162.9 million in the first half of 2025, up 15% from the same period in 2024, while net profit increased by 16% to RON48.8 million, according to the financial report published on the Bucharest Stock Exchange.
International rating agency Fitch has announced in a recent report that it has decided to maintain Romania’s Rating at “BBB-”, the Last Investment-Grade Level, with Negative Outlook..
Economic confidence increased by 5 points to 34.9 points in Romania in July, according to CFA Romania Association’s Macroeconomic Confidence Index, because of the confirmation of Romania’s rating and of the setting of the fiscal package.
Dolo Trans Olimp, one of Romania's largest road transport companies, ended 2024 with mixed results, maintaining a solid profit margin of 10.4% despite a difficult economic environment that affected both revenue and net profit.
Romanian tourists who vacationed abroad in the first six months of this year spent EUR4.6 billion, according to data from Romania’s central bank. The amount spent by Romanians was up 9% compared with the same period last year, which shows that the appetite for vacations is growing year after year, even in difficult times.
Corrugated cardboard manufacturer Vrancart (VNC.RO) posted RON12 million losses in the first half of 2025, higher than the RON9.3 million losses in the same period of 2024, it said in its first half report, which shows that the results were influenced by the reduction in sales volumes.
Ford Otosan plant in Craiova has consolidated its position as a strategic hub for Ford in Europe, with a production of 27,170 vehicles in July 2025, 6.5% higher than in the year-ago period and the best monthly performance in the last nine months. October 2024 remains the best month of the plant ever with nearly 28,000 vehicles assembled.
Rompetrol Well Services S.A. (PTR.RO) , a provider of services for oil and natural gas wells in Romania and Eastern Europe, posted RON1.7 million net profit in the first half of 2025, compared with RON4.1 million in the year-ago period, as a result of a decline in revenue and rising cost pressure.
Rompetrol Rafinare (RRC.RO), posted about $2.8 billion gross consolidated revenue in the first half of 2025, an increase of 32% on the year-ago period, while the net loss narrowed by almost 30% to $53.1 million. The improvement in financial indicators was driven by the increased volumes of processed raw materials, as well as oil products both sold domestically and internationally.
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, posted RON48,946 profit in the first half of 2025, compared with RON2.3 million net profit in the first half of 2024, its first half financial report shows.
State-owned Transelectrica ended H1/2025 with RON256 million net profit, down 3% from the year-earlier period.
Alternative investment fund Infinity Capital Investments registered RON102.5 million net profit in the first half of 2025, 2% above the H1/2024 level, while expenses climbed by 30% to RON12.2 million.18948 items