Found 19015 news
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) on Tuesday said it ended 2021 with total revenue of RON23.5 million, down 35% from 2020, and a loss of RON3 million, compared to a net loss of RON5.1 million reported in 2020.
Romanian company Roweb, which implements end-to-end software solutions, on Tuesday said it ended 2021 with sales of over EUR4.3 million, up almost 20% on the year, company representatives said in a statement.
Shareholders of electricity distributor and supplier Electrica will discuss at their general meeting on April 20 approving a ceiling of up to RON900 million for the company’s bond issues for the period 2022-2023.
EMI, a company specialized in integrated solutions and services for industrial access in Romania, announces the acquisition of a majority stake of 70% in Access Systems, a Belgian company specialized in providing industrial access services.
Fast moving consumer goods (FMCG) distributor Aquila Part Prod (AQ.RO) on Tuesday said it recorded a net profit of RON68 million in 2021, up 24% on the year, the highest level since the company’s setup, and revenue of RON1.93 billion, up 13% on the year.
Romania's foreign exchange reserves decreased by EUR1.22 billion in February 2022 versus January 2022, to EUR41.8 billion, central bank data showed Tuesday.
Electrica (EL.RO), one of the main players on the energy supply and distribution market in Romania, seeks to pay out total dividends worth RON152.8 million, respectively 50% of the individual net profit after the distribution to the legal reserve, corresponding to a gross dividend of RON0.45 per share.
Paint, coatings and other construction material manufacturer Daw Benta seeks to open a factory and a logistics warehouse in the Republic of Moldova, where it already has distribution activities.
Construction material manufacturer Cemacon Cluj-Napoca (CEON.RO) ended 2021 with a turnover of RON176 million, up 41% from 2020, and a net result of RON72 million, up 146% on the year, in line with the company's financial report.
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) said its profit halved to almost RON7.7M in 2021 from RON18.6 million in 2020, amid 68% higher raw material costs in 2021 against 2020 and revenue growing at a slower rate, of 30%, compared to expenses, putting pressure on the operating result, in line with the company's financial report.
Promateris (PPLRO), a Romanian industrial group and leader in the CEE region in producing biodegradable and compostable packaging, posted EUR37.8 million consolidated turnover in 2021, up 62% year-on-year, its preliminary annual financial report published on the Bucharest Stock Exchange says.
AROBS Transilvania Software (AROBS.RO), the largest company listed on the AeRO market of the Bucharest Stock Exchange ended 2021 with RON172.5 million operating revenue at individual level, an increase of 10% on 2020, the company’s preliminary 2021 financial report shows.
Grup Serban Holding, a Romanian entrepreneurial company active in several fields in the agricultural sector, debuted on Monday (Feb 28) on the AeRO market of the Bucharest Stock Exchange, under the stock ticker GSH.
BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange, ended 2021 with a net profit of RON23.2 million, up 1.138% from the 2020 level,
Wine producer Purcari ended 2021 with a net profit of RON41 million, down 31% from 2020, and revenue of RON244.5 million, up 20% versus 2020, in line with its preliminary financial results.
Orange, the leader of the local telecom market, has announced the start of a new phase of its integration plan with the former fixed telephony monopoly Romtelecom, after having bought the majority stake in it from Germany’s Deutsche Telekom and Greece’s OTE.
Insurance company Allianz-Tiriac on Monday said it ended 2021 with underwritten gross premiums of over RON2 billion, up nearly 55% versus 2020, and an operating profit of RON162 million.
Stay Fit Gym, the second largest gym chain in Romania, on Monday announced the full takeover of Neby Fitness, a center in the Domenii area in capital city Bucharest.
Hidroelectrica, Romania’s biggest power producer, on Monday reported record financial results for 2021, ending the year with a turnover of RON6.3 billion, up 63% from 2020, and an operating profit (EBITDA) of RON4.7 billion, up 71% on the year, in line with an annual report released Monday by Fondul Proprietatea (FP).
Fondul Proprietatea (FP.RO), an issuer with exposure to the strategically important companies of the Romanian economy, ended 2021 with RON5 hillion net profit, compared with a RON103 million net loss in 2020, its annual audited IFRS-compliant report submitted to the Bucharest Stock Exchange shows.19015 items