Colaborator
Eduard Ivanovici
- Fields
- Companies, Capital Market, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 368
Romgaz Approves RON524M Dividends from 2023 Profit
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.
Transilvania Investments Alliance Greenlights Distribution of Dividends with 4.7% Yield
Alternative investment fund Transilvania Investments Alliance announced that during the general ordinary meeting of shareholders of April 22 the distribution of 2023 net profit was approved,...
Top 10 Bucharest Stock Exchange Brokers Handle RON7.6B Worth of Deals in Q1/2024
The ten most active stock brokers at the Bucharest Stock Exchange handled together deals worth RON7.6 billion in the first three months of 2024, up 73% from the year-earlier period.
OMV Petrom Hydrocarbon Output Down 4% in Q1/2024 vs Q1/2023
OMV Petrom, Romania’s largest oil and gas producer, announced total hydrocarbon production in Q1/2024 reached 111,700 barrels of oil equivalent per day (boe/d), up 1.5% from Q4/2023, but dow...
Visual Fan (Allview) Targets 13% Turnover Growth, 58% Higher Profit in 2024
Visual Fan, an electronic device producer, owner of Allview brand, in its 2024 revenue and expense budget estimates its revenues will reach RON151.6 million at end-2024, up 13% from 2023. Ne...
Romgaz Sells RON2B Worth of Gas to E.ON Energie Romania and Electrocentrale Bucuresti
Romania’s state-owned natural gas supplier Romgaz, announced it signed three gas sale contracts for period April 1, 2024-April 1, 2025, totally worth RON2.2 billion.
Simtel Team Aims for 35% Operating Revenue Growth, 28% Net Profit Increase in 2024
Simtel Team, a Romanian engineering and tech company and a national leader in renewable energy, in 2024 targets, at a consolidated level, RON394.3 million operating revenue, RON49.2 million...
Agroserv Mariuta 2023 Sales Up 10% YOY. Losses Widen to RON2.3M
Agroserv Mariuta, a Romanian agribusiness company and the owner of Laptaria cu Caimac brand, reported RON80 million sales in 2023, up 10% from 2022, and an operating result of RON4.3 million...
Simtel Gets RON61M Funding via PNRR to Build Giurgiu Photovoltaic Power Plant
Romanian engineering and tech company Simtel Team, a national leader in renewable energy, has obtained a RON60.6 million non-reimbursable funding under the National Recovery and Resilience P...
Meta Estate Trust Wants to Distribute Dividends with 4% Yield
Real estate holding Meta Estate Trust has convened the ordinary general meeting of shareholders for April 25 to vote on the distribution of RON2.95 million dividends from the 2023 profit to...
Organic Fertilizer Producer Norofert Starts Building Production Unit in the US
Norofert, a local producer of organic inputs for agriculture, has started the construction of an input production line in Watertown, South Dakota, a major agricultural area in the US.
Sipex Reports 7% Higher Turnover, 45% Lower Net Profit in 2023
Building materials wholesaler Sipex Company, in 2023 posted RON313.4 million turnover, 7.4% higher than in 2022.