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The European Investment Bank (EIB) will provide financing worth EUR305 million for the construction of a new Regional Hospital in Cluj, of a total cost of the project estimated at over EUR500 million.
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) said Friday in its financial report that it ended the first nine months of 2021 with a net profit of RON18.93 million, up 90.5% from the same period in 2020, and a turnover of RON160 million, up 13.8% on the year.
Euroins Romania, which remained leader on the civil liability car insurance (RCA) segment after the recent collapse of City Insurance, continues the strategy of reducing its exposure in the RCA sector, seeing a 5% increase in RCA policies up to 4.2 million in the first nine months of 2021.
Antibiotice Iasi (ATB.RO), the largest Romanian-owned pharmaceutical company, on Friday notified the Bucharest Stock Exchange that regional investment fund SIF Oltenia (SIF5.RO) bought 1.5 million shares at a price of RON0.57 each on Thursday, November 11.
CTP, the largest developer and manager of industrial and logistics space in Romania, has concluded a five-year lease contract with Tuborg Romania.
BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange, on Friday said it registered a net profit of RON19.3 million in the first nine months of 2021, compared with a loss of RON2.2 million in the same period in 2020, per its financial report.
Romanian state-run lender CEC Bank provides a pre-financing loan of RON175.3 million, over an 11-year period, for the construction of the ClusterPower data center located in Dolj County, a greenfield investment of RON208 million.
Romanian state-owned power grid operator Transelectrica (TEL.RO) said in its financial report released on Friday that its net profit declined by 46.7% on the year to RON81 million in the first nine months of 2021, and its revenue grew by 37% on the year to RON2.82 billion in January-September 2021.
Electricity and natural gas supplier Restart Energy has decided to withdraw from the natural gas supply business and focus on green power as of 2022. Its 18,000 customers will be allocated by energy market regulator ANRE to suppliers of last resort.
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) said Friday in a stock market report that ended the first nine months of 2021 with a net profit of RON112 million, down 45% on the year, and operating revenue before the balancing and construction activity of RON954 million, down 5% from the same period in 2020.
Digi Communications (DIGI), held by businessman Zoltan Teszari, on Friday said it switched to profit of EUR40 million (RON200 million) in the first nine months of 2021, as compared to a loss of EUR23.5 million in the same period of 2020, while its revenue grew 12% on the year to EUR1.06 billion in Jan-Sept 2021, per its financial report.
Private medical services provider MedLife (M.RO) said Friday in a stock market report that its turnover exceeded RON1 billion in January-September 2021, up 35% from the year-earlier period.
Alro Group, one of Europe’s largest vertically integrated aluminum producers, on Friday said it ended the first nine months of 2021 with a turnover of RON2.5 billion, up 27% on the year, but its net result was a loss of RON25 million, as compared to a profit of RON273 million in the same period of 2020, per a stock market report.
Banca Transilvania (TLV.RO), Romania’s biggest lending institution, for the first nine months of this year reported consolidated net profit worth RON1.67 billion, against RON1.056 billion in the same period of last year.
Nuclearelectrica (SNN.RO), Romania’s sole nuclear power producer, majority held by the Energy Ministry, ended the first nine months of 2021 with net profit worth RON641.1 million, up 34% from the same period of last year.
Natural gas producer and supplier Romgaz (SNG.RO), the Romanian state’s most valuable listed company, ended the first nine months of 2021 with net profit worth RON1.16 billion, up 23% from the year-earlier period.
Dental clinic network Dent Estet, part of Medlife group, is continuously expanding and in 2021 is set to open a clinic in Craiova and likely to clinch another acquisition, explained Cristian Taban, Dent Estet CEO.
Fashion retailer C&A, active on the low-price segment and one of the biggest players on Romania’s fashion market, reached RON364 million turnover last year, down 30% in the pandemic.
Milling and bakery company Boromir Ind, one of the largest in its industry, plans to have exports generate 15% of its revenue by 2026.
Industrial equipment manufacturer AAGES Targu-Mures (AAG.RO) ended the first nine months of 2021 with RON4.2 million net consolidated profit, double as much as in the year-ago period.18957 items