Colaborator
Eduard Ivanovici
- Fields
- Companies, Capital Market, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 368
Banca Transilvania Raises EUR100M from IFC
IFC, the World Bank’s investment arm, is providing EUR100 million to Banca Transilvania, Romania’s largest bank, as part of a EUR200 million subordinated debt financing package alongside the...
Hidroelectrica Starts Trading on Bucharest Stock Exchange after Historic IPO
Hidroelectrica, Romania’s main electricity producer, has announced the admission to trading of its shares at the Premium category of the Regulated Market of the Bucharest Stock Exchange. Tra...
Arobs Transilvania Software Acquires Hungary’s Arobs Pannonia Software
Arobs Transilvania Software, the largest IT group listed on the Bucharest Stock Exchange, has informed the capital market about the complete takeover of Arobs Pannonia Software Kft, headquar...
SIF Oltenia Gets ASF Greenlight to Change Name to Infinity Capital Investments
SIF Oltenia informed the capital market about the decision of the Financial Supervision Authority authorizing changing the company’s name from “Societatea de Investitii Financiare Oltenia SA...
Alro Slatina, Azeraluminium Sign Memorandum of Understanding
Aluminum producer Alro Slatina has signed a memorandum of understanding with Azeraluminium, the only primary aluminum producer in the South Caucasus region.
iHunt 1Q/2023 Profit Plunges 95%
iHunt Technology Import-Export, a supplier and manufacturer of mobile phones and gadgets, reported a net RON52,512 net result for 1Q/2023, 94.6% below the RON968,398 profit of 1Q/2022.
Prospectiuni Bucuresti Switches to RON1.3M Profit in 1Q/2023 from RON3.5M Loss in 1Q/2022
Geological prospecting company Prospectiuni Bucuresti, majority owned by businessman Ovidiu Tender, posted RON1.27 million profit in the first three months of 2023, from RON3.46 million loss...
Packaging Maker Promateris Switches to RON992 Loss in 1Q/2023 from RON1.2M Profit in 1Q/2022
Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in CEE, reported a RON922,000 loss in the first three months of 2023, after the company had...
Transgaz 1Q/2023 Consolidated Profit Down 52% To RON123.6M Vs 1Q/2022
Romania’s natural gas transmission company Transgaz, in which the Romanian state owns 58.5%, registered net consolidated profit of RON123.6 million in the first three months of 2022, down 52...
Bento Approves RON2.1M Dividends
The shareholders of 2B Intelligent Soft (Bento, Intellectually Curious, a Romanian entrepreneurial company specializing in the development and implementation of software solutions and a prov...
Mecanica Ceahlau 2022 Net Profit, Up 8% To RON1.9M
Piatra Neamt-based farming machinery producer Mecanica Ceahlau reported RON1.86 million net profit in 2022, 8% above the 2021 level of RON1.7 million.
Santierul Naval Orsova Logs RON4.2M Net Loss, RON58M Revenues, Down 22% in 2022 YOY
Shipbuilder Santierul Naval Orsova ended 2022 with net losses of RON4.2 million, from a RON154,000 loss in 2021. The company posted RON58.3 million revenues, down 22% from 2021 amid declinin...