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Holcim Romania is developing a photovoltaic (PV) power plant with an installed capacity of almost 0.999 MWp at its cement plant in Alesd, Bihor County.
Automobile Dacia and Ford, Romania’s two carmakers, manufactured 425,423 passenger cars in the first ten months of 2022, almost 30% more than in the year-earlier period, in line with data provided by Romania’s carmakers association ACAROM.
Pharmaceutical company Zentiva (SCD.RO), held by investment fund Advent International, registered a net turnover of RON538 million in the first nine months of 2022, up 7% on the year, as per the company’s financial report sent to the Bucharest Stock Exchange on Wednesday (Nov 16).
Transport Trade Services (TTS), the biggest integrated freight shipper on the Danube, recorded consolidated revenue of RON664.3 million in January-September 2022, up 47.3% on the year, as per its financial report sent to the Bucharest Stock Exchange.
Building materials producer Cemacon Cluj, a company controlled by Paval brother, owners and founders of DIY network Dedeman, in the first nine months of 2022 posted RON178 million turnover, up 34%, and RON61.2 million profit, 45% higher than in the same period of 2021.
Cometex, a real estate developer part of Altex group, has completed the sale of Bucovina shopping centre of Suceava to businessman Andrei Mandachi, with the value of the deal standing at EUR7 million.
Meta Estate Trust, a holding company operating in the real estate field, present on the SMT-AeRO market of the Bucharest Stock Exchange, ended the first nine months of 2022 with total revenues worth RON11.3 million, more than six times higher than in the same period of 2021, and net profit of RON3.7 million, shifting from losses (RON699,266) to profit.
Patria Bank, a lending institution held by investment fund Emerging Europe Accession Fund (EEAF), for the first nine months of 2022 reported RON14.8 million net profit, up 106.4% from the year-earlier period amid “the development of operational revenues correlated with a prudent evolution of the cost of risk,” reads the bank’s financial report.
Flip Technologies, the local startup founded in 2019 that developed a marketplace for purchase and sale of refurbished phones, is counting on the corporate segment and on countries such as Bulgaria or Hungary for growth.
The sum foreign tourists spent on tourism services provided by local providers reached EUR3 billion in the first nine months of 2022, in line with data provided by the National Bank of Romania.
Investment company Evergent Investments (EVER.RO) posted an estimated net result of RON101.4 million in the first nine months, 57% higher than the entire 2022 estimate, the company said in a release.
Rompetrol Rafinare (RRC), which operates the Petromidia Navodari and Vega Ploiesti refineries, posted gross revenue of $4.87 billion in January-September 2022, 48.5% above the previous year's $3.28 billion.
Fondul Proprietatea (FP.RO) shareholders during the Extraordinary General Meeting approved the sale of the stake in SPPEH Hidroelectrica (19.94%), Romania’s most valuable company, via a secondary public offering, followed by admission to trading on the Bucharest Stock Exchange only.
Aquila Part Prod, the leading player in the local market for integrated distribution and logistics services, on Tuesday said it ended the first nine months of 2022 with a net profit of RON64 million, up 47% on the year.
Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO) said Tuesday in its financial report that it ended the first nine months of 2022 with a loss of RON85 million as compared to a net profit of RON19.4 million in the year-earlier period.
Romania places 39th among the world’s 61 most attractive countries for green infrastructure investments ranked by PwC in its Green Infrastructure Finance Propensity Index.
Bookster, known for the service that intermediates the connection between physical libraries and company employees, signed with real estate developer Genesis Property, a company held by Romania’s largest office space owner Liviu Tudor, to lease a space within Bucharest’s YUNITY Park project for a ten-year period, starting December 2022.
Medical group Provita, majority held by Medlife, has opened its first clinic outside of capital city Bucharest, in Suceava (north-eastern Romania), following an investment of EUR2.5 million.
Orange, Vodafone and RCS&RDS, the largest players on the local telecommunications market, will pay EUR432 million to the Romanian State for 5G frequency licenses, according to representatives of the country’s communications market regulator ANCOM.
Telecom operator Digi Communications (DIGI.RO) on Tuesday reported revenue of EUR1.1 billion for the first nine months of 2022, up 20% on the year, as per calculations by Ziarul Financiar (ZF) based on stock market data.19043 items