State-run Hidroelectrica (H2O), the largest electricity producer in Romania, said in a stock market report that its shareholders approved, in their ordinary general meeting of April 29, the distribution of dividends in the total amount of RON6.29 billion from 2023 net profit.
Alternative investment fund Lion Capital (LION.RO) said in a stock market report that its shareholders decided in their extraordinary general meeting of April 29 to reject the proposal of the shareholder Blue Capital regarding the distribution of dividends in the amount of RON209 million and the start of a program to repurchase 50 million shares.
Teilor Holding SA, a group of companies that includes the Teilor luxury jewelry chain, the non-bank financial company Invest Intermed GF IFN, Invest Intermed Gold, a company that sells gold jewelry, and Teilor Invest Exchange, posted consolidated revenue of RON412.7 million in 2023, up 11% on the previous year, and EBITDA of RON68.3 million, an increase of 27%.
Aquila Part Prod (AQ.RO), an entrepreneurial company providing distribution and logistics services for consumer goods in Romania and the Republic of Moldova, has announced in a stock market report that its shareholders decided in their general meeting of April 29 to approve the distribution of a gross dividend of RON0.0784 per share.
Meta Estate Trust, (MET.RO), a holding company in the real estate sector, has secured shareholder approval for distributing the 2023 profits as bonus shares to investors through a capital increase of RON9 million, a share buyback program to be carried out over the next 18 months, and a bond issue of up to EUR5 million.
Alternative investment fund Evergent Investments (EVER.RO) informed the capital market in a report about the shareholders' decision of April 29 to approve the distribution of dividends in the amount of RON81.7 million from the net profit for 2023.
Orange, the telecom market leader in Romania, has announced appointment of Carl Al Khawand chief financial officer (CFO) of the Orange Romania Group, as of July 1, 2024. He will take over from Adela Guedon, who will continue in the Orange Group as CFO of the cybersecurity division, Orange Cyberdefence.