Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
Infinity Capital Investments Wants 2024 RON124M Profit to Support Future Investments
Alternative investment fund Infinity Capital Investments has convened its shareholders on April 29 to approve among others the distribution of the RON124 million profit of 2024 for future in...
Hidroelectrica Has RON660M Budget for Solar Power Project Acquisitions in 2025
State-run Hidroelectrica, Romania’s largest electricity producer, has RON660 million (EUR130 million) budgeted in 2025 for diversification projects that include solar power projects.
Evergent Starts Procedure to Exit Aerostar Shareholding Structure
Alternative investment fund Evergent Investments announced it submitted at Aerostar headquarters, on March 13, 2025, the statement via which it exercises the legal right to o withdraw from i...
Romania Pillar II Private Pension Funds Will Be Able to Invest Up To 10% of Assets in Mutual Funds, from 5% Currently
Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of assets in mutual funds, from 5% at present, in line wi...
Banca Transilvania Announces Successful Completion of Merger with OTP Bank Romania
Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the wake of which it has reached a 23% market s...
MedLife Posts RON2.7B Revenues, RON18.4M Net Profit in 2024
Private healthcare provider MedLife for 2024 reported RON2.7 billion consolidated revenues, up from RON2.2 billion in 2023. The company switched to RON18.4 million profit from RON4.2 million...
Romgaz Generates RON7.9B Revenues, RON3.2B Net Profit in 2024
State-owned Romgaz, a natural gas producer and supplier, in 2024 reached RON7.9 billion turnover, down 12% from 2023, while net profit climbed by 15% to RON3.2 billion amid the elimination o...
Banca Transilvania Reports RON4.7B Net Profit for 2024 at Group Level, Up 59% YOY
Banca Transilvania, Romania’s largest lending institution, for 2024 reported RON4.7 billion net consolidated profit, up 59% from 2023, while assets climbed by 22% to RON207 billion.
Visual Fan Ends 2024 with RON131M Turnover, RON11M Net Profit
Romanian electronic device maker Visual Fan, which owns Allview brand, for 2024 reported RON131 million consolidated turnover, RON2 million lower than in the previous year, but net profit cl...
Bucharest Stock Exchange Registers RON77M Consolidated Operating Revenues, RON10.65M Net Profit in 2024
The Bucharest Stock Exchange (BVB), the operator of Romania capital market, for 2024 reported RON77 million consolidated operating revenues, down 7% from the previous year, and RON10.65 mill...
Transilvania Investments Alliance Wants to Start Buyback Program of Maximum RON92.5M
Transilvania Investments Alliance is convening its shareholders on March 10, 2025 to approve among others a share buyback program of up to RON92.5 million to reduce capital and the distribut...
OMV Petrom Proposes Gross Dividend of RON0.0444 Per Share, Equivalent of 6% Return
OMV Petrom, Romania’s sole oil and gas producer, has announced its proposal for dividends from 2024 net profit: RON0.0444 per share, which at current trading prices of RON0.728 means a 6% re...