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Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, said in a stock market report on Friday that it ended the first quarter of 2022 with sales of RON278 million, up 32% on the year.
Romanian natural gas producer and supplier Romgaz (SNG.RO) reports a net profit of RON980 million for the first quarter of 2022, up 111% from the year-earlier period, and a turnover of almost RON4 billion, up 195% on the year, the company said in its quarterly financial report sent to the Bucharest Stock Exchange on Friday.
Distribution and logistics company Aquila posted net profit worth RON12 million in 1Q/2022, double the figure posted in the first quarter of last year, with the result also being influenced by the acquisition of Trigor in the first half of 2021.
MedLife, the only private healthcare provider listed on the Bucharest Stock Exchange, reported net consolidated profit of RON32 million for 1Q/2022 and RON431 million turnover,
Courier services company GLS Romania last year registered 20% turnover growth, to RON336 million.
Industrializarea Carnii company (Kasarom), part of meat industry group Kosarom, a business founded by entrepreneur Neculai Apostol around 30 years ago, for 2021 reported turnover of around RON185 million (EUR37.6 million), up 3.4% on the year, in line with ZF calculations based on Finance Ministry data.
Macromex, the largest Romanian-owned distribution business, ended 2021 with turnover worth around RON633 million, up almost 7% year-on-year.
The Foreign Investors Council (FIC) on Thursday (May 12) published the FIC Business Sentiment Index report, which shows that one in two foreign investors in Romania have investment budgets for 2022 matching at least the level in 2021.
Agroland Business System (AG.RO), a Romanian retail, agriculture and food entrepreneurial group, which owns the biggest agricultural store network in Romania, said in a stock market report on Thursday (May 12) that it opened its 18th Agroland MEGA store in Romania, in western city of Timisoara.
Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC Romania.
Nuclearelectrica (SNN.OR), Romania’s sole nuclear energy producer, informed its shareholders on Thursday (May 12) that it placed with Banca Romaneasca a term deposit without extension in the amount of RON60 million, on May 11.
Allianz Group, present on the Romanian market through insurance company Allianz-Tiriac, on Thursday said it ended the first three months of 2022 with total revenues of EUR44 billion, up 6.2% on the year, in line with data from Allianz representatives.
Real estate developer Hagag Development Europe, part of Hagag Group of Israel, on Thursday announced a new upper-premium residential project in capital city Bucharest - H Primaverii 1, and the investment is estimated at over EUR20 million.
Softbinator Technologies, a Romanian software developer specializing in designing, developing and launching innovative products on the market, has leased almost 1,000 square meters of office space within Bucharest-based Opera Center One building in the portfolio of Austrian real estate developer CA Immo.
Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news conference presenting the latest inflation report on Thursday (May 12).
The number of new investments announced in the agribusiness grew by 75% in the first four months of 2022 compared to the same period in 2021, with the total value of projects reaching EUR300 million, according to an analysis by IBC Focus.
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Thursday reported a net profit of RON11.5 million for the first quarter of 2022, up 81% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on data from the stock market report.
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, has increased to 5.44% a year on Thursday (May 12) from 5.37% a year on Wednesday (May 11), as per central bank data.
Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC Romania.
The average net salary in Romania increased by 5.8% in nominal terms in March 2022 compared with February 2022, to 3,937 lei (EUR797), data from the country's statistics board INS showed Thursday.19043 items