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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, advanced to 3.83% a year on Monday (Feb 28, 2022) from 3.78% a year on Friday (Feb 25), in line with central bank data.
Romania's finance ministry will be launching three new bond issues for the general population, under the Tezaur program, on Tuesday (March 1, 2022), which can be subscribed until March 25.
Romanian pharmaceutical products manufacturer Biofarm (BIO.RO) on Monday said it ended 2021 with a turnover of RON239 million, up 10% on the year, and a net profit of RON60 million, up 11% from 2020.
Plastic packaging producer Romcarbon Buzau (ROCE.RO) on Monday said it ended 2021 with a loss of RON1.44 million compared to a net profit of RON869,104 in 2020, as a result of the registration of the depreciation of the financial investment in Livingjumbo Industry SA, in the amount of RON6.4 million, in line with its preliminary financial report.
Digi Communications, an entrepreneurial company owned by businessman Zoltan Teszari, on Monday said it ended 2021 with total revenue of EUR1.47 billion, up 12.7% on the year, and a profit before tax of EUR73 million, versus EUR24 million in 2020, in line with its preliminary financial report.
Lender Banca Comerciala Romana (BCR) on Monday said it registered a net profit of RON1.4 billion (EUR286.5 million) in 2021, up 73.0% from RON814.1 million (EUR168.3 million) in 2020, due to improved operating performance on the backdrop of higher business volumes, and to lower risk cost allocation, in line with its financial report.
Real estate developer One United Properties reported revenues worth RON1.1 billion in 2021, up 105%, and net profit of RON506 million, from RON176 million in 2020.
Oves Enterprise, a Cluj-Napoca-based company specializing in software development, with EUR3 million turnover at end-2021 and 75 employees at present, wants to hire around 135 developers by yearend, according to Mihai Filip, the company’s CEO.
Romanian cable maker Iproeb Bistrita ended last year with operating revenue worth RON158 million, up from RON104 million in 2020.
Sipex, a wholesaler of materials and finishes for constructions, on Friday, February 25, 2022, wound up the private placements via which it raised from investors RON10.62 million, accounting for around 8%-9% of the company’s share capital.
River shipping company Transport Trade Services (TTS.RO), an entrepreneurial business listed on the Bucharest Stock Exchange, is calling shareholders to approve a share capital increase of RON30 million by incorporating undistributed profits from the previous years.
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, grew to 3.78% a year on Friday (Feb 25, 2022) from 3.61% a year on Thursday, central bank data show.
A stake of 1% in Digi Communications (DIGI.RO), the largest telecommunications operator in Romania, changed hands in a RON45 million transaction on Friday, which translates into a price per share of RON40.9, the same as on Thursday.
Private healthcare operator MedLife (M.RO) reported a pro-forma consolidated turnover of EUR332 million in 2021, up 51% year-on-year, and announced plans for acquisitions and growth of EUR120 million, its report published on the Bucharest Stock Exchange website shows.
Romgaz (SNG.RO), Romania’s natural gas producer and supplier and the largest state-run company listed on the Bucharest Stock Exchange, saw its revenue increase by 44% and net profit by 52% in 2021 on the back of higher natural gas sales at higher prices compared with 2020.
Real estate developer Impact Developer & Contractor in 2021 generated consolidated operating profit of RON98.5 million, slightly higher than in 2020.
Romanian state-owned natural gas transmission company Transgaz ended 2021 with net profit worth RON177 million, 1% higher on the year.
Banca Transilvania ended 2021 with operating revenue worth RON4.3 billion, up 10.4% and net profit of RON1.7 billion, 49% above the 2020 level.
Building materials producer Joris Ide of Buzias, Timis county, part of Kingspan group, one of the biggest companies in the industry, saw its turnover surge by 77% last year, to EUR44 million, according to its officials.
Romania’s country brand is worth $178 billion, 11% more than in 2020, reveals a report by Brand Finance, a global independent brand valuation firm.19015 items