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Deloitte Romania and Reff & Associates | Deloitte Legal has assisted ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, in acquiring Dial, a Romanian company with over 20 years of experience in manufacturing wire products, such as fence panels.
Appraisal & Valuation (APP.RO), a real estate consulting, valuation and development business, on Monday said it appointed Ovidiu Nastase to the position of Chief Financial Officer (CFO) of the company.
Financial investment company Evergent Investments (EVER.RO, former SIF Moldova) said in a stock market report on Monday that it recorded a net profit of RON10.93 million in the first quarter of 2022, down 65% from RON31.5 million in the same period of 2021.
Whereas total energy sales in 1Q/2022 dropped by 30% from the year-earlier period, Hidroelectrica, Romania’s largest electricity producer, fully benefited from the soaring energy prices and announced record-high financial results for the first three months of 2022.
Real estate developer One United Properties, listed on the main market of the Bucharest Stock Exchange (ticker ONE), ended the first quarter of this year with consolidated revenues worth RON348.7 million, up 82% from the year-earlier period, while net profit surged by 320%, to RON166.4 million.
Management consulting and outsourcing company Accenture, which has over 4,000 employees in Romania, has opened a new office in Cluj, in the wage of $1.5 million, for the 900 employees who are part of Accenture Industry X arm, in charge with industrial software development.
Zetta clinic, specialized in plastic, reconstructive surgery and microsurgery, set up 10 years ago, aims to reach RON25.5 million turnover in 2022, up 23% on the year.
Romanian state-owned energy utility group Electrica (EL.RO) registered a loss of RON158 million in January-March 2022 versus a profit of RON58 million in the same period of 2021, and revenues of RON2.6 billion, up 52% compared to the first quarter of 2021, the company said in its quarterly financial report.
Software solutions provider LIFE IS HARD (LIH.RO), listed on the AeRO market of the Bucharest Stock Exchange, ended the first quarter of 2022 with a net profit of RON338,000, up 39.6% on the year, and a turnover of RON6.04 million, up 16.3% on the year, as per the company’s quarterly financial report.
French do-it-yourself (DIY) retailer Leroy Merlin has opened its 20th store in Romania and the second in central city of Brasov on Friday (May 13).
Car parts manufacturer Compa Sibiu (CMP.RO) ended the first three months of 2022 with a net profit of RON1.4 million, down 81.4% on the year, and a turnover of RON198.4 million, up 9.4% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on stock market data.
Antibiotice Iasi (ATB.RO), the biggest Romanian-held drug maker, reported a net profit net of RON8.6 million for the first three months of 2022, up 113.7% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on the company’s financial report.
Prebet Aiud (PREB.RO), a manufacturer of precast products made of reinforced and prestressed concrete, ended the first quarter of 2022 with a net loss of RON140,000 versus a net profit of RON1.06 million in the same period of 2021, as per calculations by Ziarul Financiar (ZF) daily based on the company’s quarterly financial report sent to the Bucharest Stock Exchange.
FAN Courier, leader of the Romanian courier services market, has inaugurated a regional hub in Cluj-Napoca (north-western Romania) whose construction engulfed an investment of EUR14.5 million.
More than half of business leaders (53%) identified data and analytics as their top investment priority to build their transformation strategy over the next two years, according to the EY Tech Horizon 2022 survey.
Deloitte Romania assisted local natural gas producer and supplier Romgaz (SNG.RO) in the full acquisition of the 50% stake held by US’ Exxon Mobile Exploration and Production Romania Limited (EMEPRL) in the Neptun Deep gas exploration and drilling project in the Black Sea.
Romania's current account balance posted a deficit of EUR4.6 billion in January-March 2022, higher by 70% than EUR2.7 billion reported in the same period in 2021, central bank data showed on Friday (May 13).
Romanian state-run power grid operator Transelectrica (TEL.RO) recorded a net profit of RON8 million in the first quarter of 2022, down 90% from RON82 million in the first quarter of 2021, according to the company’s quarterly financial report released on Friday (May 13).
Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) recorded a turnover of RON117.17 million in the first quarter of 2022, up 15% on the year, and a net profit of RON18.8 million, up 96.8% versus the first quarter of 2021, in line with the company’s financial report released on Friday (May 13).
Romanian-held company Arctic Stream (AST.RO), an integrator of IT infrastructure and security, ended the first quarter of 2022 with a net profit of EUR900,000, double year-over-year, due to an increase of over 150% in revenues up to RON10.76 million (EUR2.17 million), according to the company’s financial report released on Friday (May 13).19043 items