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Arctic sales in Romania increased by around 5% in 2021, after a difficult 4Q, in the red.
The Bucharest Stock Exchange on Friday said the shares of Dr. Fisher Dental, which operates on the Romanian dental technology market, would start trading on the AeRO market, the equity segment of the Multilateral Trading System, on Tuesday (Feb 22), under the stock ticker DENT.
Auto parts manufacturer Altur Slatina (ALT.RO), listed on the Main Market of the Bucharest Stock Exchange, on Friday informed its shareholders of the conclusion of two loan contracts with Adrian Andrici, a significant shareholder of the company, as per a stock market report.
House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe, as per a report by Social Monitor ordered by real estate developer Nordis Group.
High-Tech Systems & Software (Htss), specialized in providing business software services, ended 2021 with a turnover of EUR27.7 million, up nearly 15% on the year, and targets over EUR33 million in turnover in 2022, company officials said in a statement.
EY Romania continues to consolidate its financial advisory practice by appointing Iulia Bratu as Associate Partner within its Strategy and Transactions Department.
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, soared to 3.57% a year on Friday (Feb 18, 2022) from 3.56% a year on Thursday (Feb 17), in line with central bank data.
INOX Magurele, one of the most important Romanian producers of stainless steel products and accessories, listed on Friday (Feb 18) its first bond issue worth EUR1 million, under the stock ticker INOX24E.
Romanian startup company Hyperhuman, which developed a digital platform for fitness professionals for video content creation and monetization, is readying the launch of an investment campaign on SeedBlink, a local crowdfunding platform for Romanian IT startups.
Allianz Group, present on the Romanian market through insurance company Allianz-Ţiriac, ended 2021 with total revenue of EUR148.5 billion, up 5.7% on the year, reaching an operating profit of EUR13.4 billion, up 24.6% from 2021, in line with data from Allianz representatives.
Agroland Agribusiness (AAB.RO), specialized in the sale of inputs for organic and conventional farming, part of Agroland group, for 2021 reported operating revenues worth RON32.3 million, up 75% from 2020, and net profit of RON2.2 million, 77% higher year-on-year.
Germany’s PVC profile maker Veka, present in Romania with a plant on Bucharest-Pitesti highway, saw turnover go up by over 50% in 2021 against 2020.
Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, ended 2021 with turnover of almost EUR4 million and for 2022 has budgeted a 30-40% increase as it has gained new clients, according to the company’s officials.
Dorna Medical, a Romanian business on the private healthcare and lab services market, founded by entrepreneurs Rodica and Roman Boca, has expanded from Suceava county to several neighboring areas and aims to enter the market of Cluj.
Debt collection firm Kruk Romania in 2021 bought over 60 portfolios, coming to manage more than 2 million Romanians in 15 years of activity, said Cosmina Marinescu, CEO of Kruk Romania.
Romania's finance ministry on Thursday (Feb 17) raised RON755 million (EUR152.7 million) selling treasury bills and bonds maturing in September 2022 and June 2026, at annual average yields of 3.97% and 5.14%, respectively.
Curtea Veche Publishing House ended last year with RON19.5 million revenue, and it estimates that revenue will reach RON25 million in 2022, its officials say.
One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has signed a contract with Ford Romania which leases office space within Bucharest’s One Cotroceni Park project for its future operations center called Ford Business Solutions Center (FBS).
Garanti BBVA Romania Group, which brings together lender Garanti BBVA, consumer lending company Garanti BBVA Credite de Consum and Garanti BBVA Leasing, had a consolidated net profit of RON166.1 million in 2021, up 55% from 2020.
The financial assets managed by insurer NN Asigurari de Viata on the life and health insurance segment reached nearly RON4.6 billion at end-2021, up 8.5% against 2020, and its pre-tax profit stood at RON86 million, down 10.4% on the year, in line with company data.19015 items