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The conflict in Ukraine is impacting the way Romanian companies, especially those involved in international trade, do business during this period, with the number of firms resorting to risk management services being on the rise, according to iBanFirst representatives.
The Board of Directors of Romanian aluminum processor Alumil Rom Industry (ALU.RO) is summoning its shareholders on April 27, 2022 to approve the distribution of a gross dividend of RON0.192 per share, in line with a stock market report released on Thursday by the Bucharest Stock Exchange.
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, has budgeted restaurant sales of over EUR266 million for 2022, higher by 33% than in 2021, of which 27% is estimated to be generated by the delivery channel, in line with a stock market report released on Thursday.
ABN Systems International, an entrepreneurial company that distributes IT&C products and accessories and owns the Tellur brand, proposes its shareholders a dividend of RON0.105 per share and the distribution of 13 free shares for each ten shares held.
Lender ING Bank Romania participates in 2022 too in the IMM Invest program whereby small and mid-sized enterprises (SMEs) can access state-guaranteed loans for investments or working capital.
BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange, is summoning its shareholders on April 26, 2022 to approve the distribution of 5% of its 2021 net profit, respectively RON1.1 million, to set up the legal reserve, distribute dividends by approving a gross dividend of RON0.0211 per share and allocate the difference as retained result.
Immofinanz, one of the leading real estate investors in Romania, is entering the coworking space market, with the mycowork brand, a component of the myhive flexible offices, implemented since 2020 across several European cities.
Tema Energy, a Romanian data center developer, with a turnover of EUR8.75 million in 2021, will be listed on the Bucharest Stock Exchange in the first half of 2022.
Dedeman, the largest do-it-yourself (DIY) retailer on the Romanian market, has recently acquired from Tiriac Imobiliare a plot of land of 14.5 hectares in northern Timisoara (western Romania), next to the future Ikea store, in a transaction brokered by real estate consulting firm Colliers.
Banca Transilvania (TLV.RO), Romania's largest lender by assets, said in a stock market report on Thursday that it is summoning its shareholders on April 28, 2022 to approve, among others, the distribution of RON800 million from its 2021 net profit as cash dividends, and an increase in the share capital by RON765 million by issuing new shares.
Visual Fan (ALW.RO), a company listed on the Bucharest Stock Exchange and owner of the Allview brand, on Thursday said it is summoning its shareholders on April 27, 2022 to approve, among others, the distribution of 60% of the company's 2021 net profit as dividends.
Fiberglass mesh producer BICO Industries, held by ROCA Industry, has completed the acquisition of the company Terra Impex based in the Republic of Moldova; the investment plan, including the price of the transaction, reaches RON19 million.
OMV Petrom, the largest integrated energy company in South-Eastern Europe, said in a stock market report on Thursday said it commissioned its first photovoltaic park and the electricity produced will be used for own consumption, within the company’s Exploration and Production division.
Real estate developer One United Properties (ONE.RO) has acquired from Auchan Romania the building of the former Ford factory in capital city Bucharest.
Perfect Dent, a stomatology clinic of Bucharest, developed by dentist Denisa Zaharia 16 years ago, reached RON3 million turnover in 2021, up 45%.
Romanian businessman Iulian Dascalu, owner of Iulius Group, has started the licensing process of a mixed-use project near Romexpo in Bucharest, through the company Factory Business United held by Bogdan Mihaila, the manager of Iulius Real Estate. This will also be the group’s first development in Bucharest.
Alba-based building materials manufacturer Florea Grup is installing a photovoltaic project comprising four parks with a 10,000-sqm total area for the four Petra Pavaje plants in owns on industrial platforms of Alba Iulia, Ploiesti, Arad and Roman.
Stationery and office equipment importer and wholesaler Dacris, held by the Fati family, in 2021 posted EUR23 million turnover, just 2% higher on the year.
Premier Energy PLC, a natural gas supplier and distributor held by Czech private equity firm Emma Capital, is preparing to go public on the Bucharest Stock Exchange through a share sale, and the Financial Supervisory Authority (ASF) has delegated the power to approve the prospectus to the watchdog in Cyprus, where the company is registered
The net assets of the 233 domestic and foreign open-end and closed-end investment funds operating in Romania dropped by 3.1% in February 2022, to RON52.1 billion (EUR10.5 billion), and by 2.9% since the beginning of 2022, in line with the latest data from the Association of Fund Administrators.19029 items