Bucharest’s Trident clinic, controlled by doctor Florin Lazarescu, will reach the RON20 million mark in 2022 at group level, in line with expectations of the stomatology brand’s founder. This means 33% growth from 2021 and plans envisage new investments in equipment and possible expansions.
Insurance company Omniasig, part of Austria’s Vienna Insurance Group (VIG), reached underwritten premiums worth above RON1 billion in the first half of this year, 45% more than in the same period of last year, with 80% of premiums, namely RON800 million, coming from the car insurance segment.
Romania’s ten largest pharmacy chains generated overall turnover of RON12.3 billion in 2021, accounting for half of the total pharma retail market, in line with calculations by Ziarul Financiar (ZF) daily based on Trade Registry data.
Residential developers in Romania remain focused mostly on areas outside of capital city Bucharest where the land supply is abundant, prices are smaller and building permits are obtained without challenges, as per a Colliers market report on the evolution of the real estate market in the first half of 2022.
Romania's finance ministry on Thursday raised RON1.2 billion from banks selling government bonds maturing in 2032 and 2025, at annual average yields of 7.81% and 7.76%, respectively.
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) on Thursday said it ended the first six months of 2022 with a net profit of RON756,054, from a loss of RON483,886 in the first six months of 2021, as per the company’s half-year financial report.
Regional investment fund SIF Banat-Crisana (SIF1.RO) ended the first half of 2022 with a net profit of RON12.4 million, lower by 94.3% or by 17.5 times than the level reported in the same period of 2021, as per data from the company’s half-year financial report sent to the Bucharest Stock Exchange.
Construction material manufacturer Cemacon Cluj (CEON.RO) on Thursday announced the closing of the first stage of the share capital increase whereby it raised RON63.8 million from investors, as per a stock market report.
Prime Kapital, a real estate developer and investor active in Central and Eastern Europe, and its investment partner MAS PLC, a real estate investor listed on the Johannesburg Stock Exchange, plan to invest EUR1.97 billion in retail, office, and residential developments in Romania with a total area of 1.5 million square meters, by 2029.
Golden Foods Snacks, which owns the ELMAS brand of seeds, peanuts and dehydrated fruits, announced a loss of RON740.400 for the first half of 2022, as compared to a net profit of RON1,000 in the same period in 2021, as per calculations by Ziarul Financiar (ZF) daily based on data from the company’s half-year financial report.
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Thursday (Sept 1) said in a stock market report that it placed with state-run lender CEC BANK a term deposit in the amount of RON130 million, without auto-renewal option.
Romania's foreign exchange reserves increased to EUR42.8 billion in August 2022, higher by EUR83 million than in July 2022, central bank data showed on Thursday (September 1).
Romanian regional investment fund SIF Muntenia (SIF4.RO) saw revenues more than double in the first half of this year against the year-earlier period, to RON68 million, but it ended in the red, with RON69 million losses, from RON163 million profit.
BestJobs Recrutare, controlled by Neogen, in the first six months of this year registered RON20 million turnover, up 39% from the year-earlier period, amid rising services demand, and RON6.4 million net profit, 65% above the 1H/2021 level.
Patria Bank, a lending institution held by investment fund Emerging Europe Accession Fund (EEAF), in the first half of this year reported RON10.1 million profit, up 67% from the corresponding period of 2021.
Zentiva Romania, a major pharmaceutical manufacturer in Romania, in the first half of this year posted RON362 million turnover, up 10%, and net profit worth RON31.7 million, 8% lower than in the same period of 2021.
Romanian Business Consult (RBC), the biggest IT integrator for the retail industry in Romania, has sealed a partnership with startup Tailent to provide software robots aiding business optimization via automation.
E-commerce solutions provider Blugento is readying for international expansion and plans to open its first office of Western Europe in 2023, according to Vlad Stanescu, Blugento CEO and co-founder.
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) reported RON18.9 million net profit for the first six months of this year, down 4.7% from 1H/2021.
Sphera Franchise Group, the operator of the KFC, Pizza Hut and Taco Bell franchises in Romania, Italy and the Republic of Moldova, is readying to open five new restaurants by yearend, four KFC ones and a Taco Bell restaurant.