Found 19015 news
Construction material manufacturer TeraPlast Bistrita (TRP.RO) ended 2021 with consolidated net profit (which does not include the impact of 2021 exits) of RON44.6 million, 40% higher than in 2020. Revenue rose by 55% to RON615 million, TeraPlast’s financial report published by the Bucharest Stock Exchange on Monday evening shows.
VoxiKids, a platform dedicated to parents and speech therapists that aims to accelerate the recovery of children with speech sound disorders, has attracted a new bridge-type investment worth EUR100,000 that will be used to support sales growth and also communications and marketing plans, company officials said in a statement.
Sales of dermo-cosmetics in pharmacies in Romania increased by 27% to a total of RON360 million (EUR73.2 million) last year and the market was dominated by facial care products, which accounted for 38% of the total, body care (19.8%) and hair care (19.4%) products, according to a Cegedim report.
Romania's finance ministry on Monday rejected all bids for treasury bonds maturing in 2036, as it deemed the bid price unacceptable, central bank data showed.
Coca-Cola HBC Romania, the leader of the local soft drinks market, has appointed Mihaela Hoffman to the position of Business Director of the company’s Coffee & Premium Spirits Division.
ING Bank was involved in a new green bond issue worth EUR500 million for NEPI Rockcastle, the largest owner of shopping centers in Central and Eastern Europe, also present in Romania, and the funds will be used to refund the portfolio and fund the energy efficiency projects.
Shareholders of Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, on Friday approved a new Board of Directors, with mandates until May 30, 2023, and a monthly remuneration of EUR4000 for each member.
Shareholders of Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, on Friday approved the distribution of a gross dividend of RON0.9021 per share, with the total amount reaching RON35 million, from the undistributed profit of 2020.
Agroland Agribusiness (AAB.RO), part of the Agroland Group and specialized in the sale of inputs for conventional and organic agriculture, targets net sales of RON47.9 million, an EBITDA of RON4.2 million and a net profit of RON3.3 million at the end of 2022.
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 3.19% a year on Monday (Feb 7) versus 3.11% a year on Friday (Feb 4), central bank data showed Monday.
The European Bank for Reconstruction and Development (EBRD) will guarantee up to 65% of each individual loan granted by Raiffeisen Bank to eligible clients and its commitment could reach up to EUR100 million under a risk-sharing agreement signed by the two lenders.
The International Investment Bank (IIB), founded in 1970 by several countries including Romania, reported a net profit of EUR7.9 million for 2021, up 8% on the year, mainly due to revenue growth from its core activity.
The number of real estate deals in Romania stood at 39,510 in January 2022, fewer by 34,919 than in December 2021, data from the national cadaster agency ANCPI showed Monday.
Intesa Sanpaolo Romania, the local subsidiary of Italian Intesa Sanpaolo Group, reported a net profit of EUR2 million and a pre-tax profit of EUR5 million, in line with data released by Intesa Group.
Management solutions and BPO service provider Sykes Enterprises Eastern Europe, part of US Sykes group, has 70 jobs available at its Cluj-Napoca office.
Electroglobal Cluj, a supplier of electrical solutions and equipment for industrial automation and lighting systems, controlled by Radu Ciorba jointly with Maksay Csaba, has budgeted investment to boost production and logistic capacity in 2022.
Francois Coste, CEO of Groupama Asigurari says he expects 2022 to be a year of sustainable growth for the company, as well as a year to strengthen the good results generated in 2021. The company will continue to focus on developing its business lines.
Simion Prunean, manager of Grand Hotel Italia, the five-star hotel of Cluj part of Italy’s chain Select Hotels Group, says he hopes for a better year and has budgeted 18-20% higher turnover than last year’s.
Bookstore chain Carturesti, controlled by Nicoleta Dumitru and Serban Radu, is seeking spaces for new openings outside Bucharest, in Alba Iulia, Galati, Bacau, Targu-Mures and Bistrita.
Stanleybet Capital, a holding company that integrates and coordinates a network of sports betting agencies and slot machines, gambling halls and online gambling platforms, debuted on Friday (Feb 4) at the Bucharest Stock Exchange with its first issue of bonds worth RON20 million.19015 items