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ABIT Puresoft and Efecte have concluded an official partnership in Romania whereby a Service Management and Identity and Access Management Platform will be launched on the Romanian market.
Shareholders of lender Banca Transilvania (TLV.RO) unanimously approved at their general meetings of April 28, 2021 and of April 28, 2022, respectively, the lender’s purchase of own shares on the capital market as part of a stock option plan program, in line with a stock market report.
The Bucharest Stock Exchange (BSE) saw a 1.7% decrease in May 2022, as measured by BET (Bucharest Exchange Trading index) -the first index developed by BSE which includes the most traded stocks on the local market-, but gained 0.45% if dividends are priced in BET-TR (the total return version of BET), as per calculations by Ziarul Financiar (ZF) daily based on stock market data.
Romania’s airports reported a total three million passengers for the first three months of 2022, over three times more than in the same period of 2021, in line with data from the Romanian Civil Aviation Authority (AACR), as quoted by Ziarul Financiar (ZF) daily.
British American Tobacco (BAT), with a market share of 50% on the local tobacco market, on Thursday said it had contributed over EUR125 billion to Romania’s economy during its 25 years of activity on the local market.
TEILOR Holding on Thursday announced the appointment of Mircea Varga as Chairman of its Board of Directors.
Japan Tobacco International (JTI), one of the largest cigarette manufacturers in Romania, on Thursday said it appointed Alexander Pitchka to the position of General Manager of JTI Romania, Moldova and Bulgaria.
Industrial production prices for the domestic and non-domestic markets grew by 47% in April 2022 versus April 2021, but were 1.9% lower compared to March 2022, data from Romania’s statistics board INS showed Thursday.
Romania's foreign exchange reserves increased by EUR419 million in May 2022 versus April 2022, to EUR40.5 billion, central bank data showed Thursday.
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 5.99% a year on Thursday (June 2) versus 5.97% on Tuesday (May 31), as per central bank data.
ABC Plus Media, the company that operates television channel National TV, recorded losses of RON1.1 million (around EUR225,000) in 2021, in line with Finance Ministry data.
Dogan Media International, part of Turkey’s group Dogan, which operates television channel Kanal D and Radio Impuls network, reached turnover worth RON266.6 million (EUR53.9 million) in 2021, 22% higher than in 2020, in line with Finance Ministry data.
Campus Media, the company that operates television channel Digi TV, controlled by DIGI group, reported turnover worth RON81.3 million (EUR16.4 million) in 2021, up 12% from 2020, in line with Finance Ministry data.
Clever Media Network, the company that operates television channel Prima TV, reported turnover worth RON212 million (around EUR42.8 million) for 2021, up 11% on the year.
Fondul Proprietatea (FP.RO), with stakes in Petrom, Alro Slatina, Aeroporturi, has hired the famous investment bank Rothschild for financial assistance in the listing of electricity producer Hidroelectrica on the capital market, according to ZF sources.
HeidelbergCement Romania, the local subsidiary of Germany’s group by the same name ended 2021 with 1% rise in revenue to some RON1.3 billion.
Cement manufacturer Romcim, previously known as CRH Ciment, posted growth of 4% in revenue to RON1.4 billion in 2021, the latest data available on the Finance Ministry website show.
Swiss-held Holcim group, the largest construction material manufacturer in Romania via its local subsidiary, saw its revenue increase by 8% to RON1.7 billion year-on-year in 2021, Finance Ministry data show.
BCR Asigurari de Viata, part of Austria’s Vienna Insurance Group (VIG), ended 2021 with RON30.7 million profit, an increase of 2.7% on 2020 and intends to disburse RON24.8 million dividends from it, its 2021 report says.
Most major banks in Romania saw higher profits in the first quarter of 2022 compared with the year-ago period, amid a rise in lending and increase in income along with the rise in interests, as well as a decline in risk costs and provisions.20068 items