Meta Estate Trust (MET.RO), a holding company that operates in the real estate sector and serves as a portal between the real estate market and the capital market, posted RON10.8 million net profit in 2024, an increase of 15% on 2023, as well as a return on equity of 10%.
Romania's Finance Ministry raised RON930 million from banks on Monday (March 31), selling government paper, at annual average yield of 6.93%.
Vista Bank has announced that it will manage the loan portfolio of Eurobank's former subsidiary in Romania Bancpost, starting with March 31, 2025.
State-run natural gas supplier and producer Romgaz (SNG.RO) has announced in a stock market report on March 31 the conclusion of Addendum no 2 to the design and construction contract targeting the completion of works and commissioning of the Iernut power plant by building a new combined cycle gas turbine power plant, with the company Duro Felguera.
Ioan Popa, founder of Transavia, a leading poultry producer in Romania, says the company plans to triple turnover and profit in the next five years.
The board of directors of Danube freight carrier Transport Trade Services has proposed the distribution of dividends worth RON27.9 million from the 2024 net profit, a proposal set to be debated during the company’s ordinary general meeting of shareholders of April 30.
Integrated communications agency Oxygen, with 17 years of experience in the local market, has been selected as partner of Globalworth, an investor and developer of office spaces in Romania and Poland.
Rafinor, a company in which entrepreneur Claudiu Diaconu is a majority stakeholder, has sealed a partnership with MAGNOR holding, a Romanian-held company specializing in pawnbroking and money exchange services, for the supply of investment gold bars worth EUR10 million in 2025.