Transport Trade Services | Romania Feed

Danube freight carrier Transport Trade Services (TTS.RO) announced in its preliminary financial report sent to the Bucharest Stock Exchange on Feb 29 that its net profit soared 70.8% on the year to RON305.5 million in 2023.

Danube freight carrier Transport Trade Services (TTS.RO) notified investors on Friday about a shareholder exceeding the 5% stake threshold. That shareholder is Metropolitan Life Pensii Private, one of the largest Pillar II pension funds in Romania.

Fondul de Pensii Administrat Privat (FPAP) Metropolitan Life has increased its ownership stake in Danube freight carrier Transport Trade Services (TTS.RO) to 5.1%, which translates into 3.06 million TTS shares.

The shares of One United Properties (ONE.RO) and Transport Trade Services (TTS.RO) will be included in FTSE Russell indices for Emerging Markets, FTSE Global All Cap and FTSE Global Micro Cap, respectively, starting December 20, 2021.

Transport Trade Services (TTS.RO), the biggest freight transporter on the Danube, on Monday said it ended the first nine months of 2021 with a net profit of RON57.35 million, up 60.2% on the year, and a consolidated turnover of RON451 million, up 20% on the era, per calculations by Ziarul Financiar (ZF) based on the quarterly financial report.

Bucharest Stock Exchange (BVB.RO) notified investors on Thursday that following the quarterly Index Committee meeting on September 9, 2021, a decision was made to modify the structure of the main index, BET and of the dividend index BET-TR by including Transport Trade Services (TTS.RO) and One United Properties (ONE.RO).

River freight transporter Transport Trade Services (TTS) said in a stock market report on Tuesday that British investment trust Utilico Emerging Markets PLC has reached the 5% threshold of the share capital of TTS.

Paval Holding, the financial investment vehicle of brothers Adrian and Dragos Paval – who own DYI retail chain Dedeman, has acquired 5.3% in river freight transporter Transport Trade Services (TTS) for RON31 million.

NN Pensii, the largest private pension fund manager on the mandatory segment in Romania (Pillar II), has acquired 7.58% in Transport Trade Services (TTS), the biggest freight transporter on the Danube, which means it has invested nearly RON44 million.

Shares of Transport Trade Services (TTS), the biggest freight transporter on the Danube which closed an IPO last week, will start trading on the Bucharest Stock Exchange on June 14.