Romanian state-run port operator Oil Terminal (OIL.RO) has announced in a stock market report that its shareholders approved in their ordinary general meeting of April 26 the distribution of RON9.6 million as dividends, from the company's 2023 net profit, of RON15.3 million.
The shareholders of Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) approved in their ordinary general meeting of April 25 the distribution of RON58.7 million as dividends owed to investors, the company announced in a stock market report.
Romania’s state-owned natural gas producer Romgaz has informed the capital market about its shareholders’ decision to distribute 20% of 2023 net profit under the form of dividends.
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rate will average 5.33%.
Raiffeisen, the Romanian subsidiary of the Austrian group of the same name, will distribute dividends worth RON860 million, namely half the record high profit of 2023.
Spyrosoft Solutions SRL, the local subsidiary of Poland’s software engineering company, in 2023 registered RON46 million turnover, over fourfold bigger than in 2022.
German retailer Kaufland has opened a new unit, in Nasaud city, Bistrita-Nasaud county, thus reaching a network of 178 hypermarkets nationwide.
Cristian Rusu, the entrepreneur who bought back Casa Rusu-Rus Savitar group from the investment fund Greenbridge to which he had sold it in 2019, says that since late last October, when he reentered its shareholding structure, he has taken a series of measures to gradually bring the business back to growth.