Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
Restart Energy Wants to Raise EUR6.5M Funding Via Bonds from Bucharest Stock Exchange Investors
Restart Energy One, one of the largest independent electricity and renewable energy suppliers in Romania, wants to raise funding via a bond issue of as much as EUR6.5 million that it should...
OMV Petrom Buys 50% in Three Photovoltaic Projects of 130 MW from Renovatio
OMV Petrom, Romania’s largest oil and gas company, is strengthening its partnership with Renovatio via the acquisition of a 50% stake in three photovoltaic projects totaling 130 MW.
OMV Petrom Set to Distribute RON2.6B Worth of Dividends on June 5
OMV Petrom, Romania’s largest oil and gas company, is due to distribute on June 5, 2024, dividends worth RON2.6 billion from 2023’s net profit of around RON4 billion, in line with data aggre...
Romgaz Gets “BBB-“ Rating with Stable Outlook from Fitch Ratings
Rating agency Fitch has assigned Romgaz, a natural gas producer and supplier controlled by the Romanian state, investment grade credit rating “BBB-“ with a stable outlook.
Telecom Operator Digi Reports EUR26M Net Profit in Q1/2024 amid EUR445M Sales
Telecom operator Digi reported EUR25.6 million net profit in the first quarter of 2024, against EUR10.8 million in Q1/2023, while sales climbed to EUR445 mllion.
Sphera Franchise Group Net Profit Triples To RON21M in Q1/2024
Sphere Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, in the first quarter of 2024 posted the best Q1 profit in the group’s history, of RON21 mil...
OMV Petrom Reports RON1.4B Net Profit, Down 6%, RON8.5B Turnover, Down 10% for Q1/2024 Vs Q1/2023
OMV Petrom, Romania’s largest oil company, for the first quarter of 2024 reported RON1.4 billion net profit, down 6% from the year-earlier period, and RON8.5 billion turnover, 10% lower.
Raiffeisen Set to Send RON860M Worth of Dividends to Vienna, Half 2023’s Record High Profit
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.
Banca Transilvania Targets RON3B Net Profit in 2024, Up 20% YOY
Banca Transilvania, Romania’s largest lending institution by assets under management, has budgeted 20% higher net profit and a 10% asset increase for 2024.
Aerostar Bacau Wants to Reward Shareholders with Dividends with 2.2% Yield
Aerostar Bacau, a company that repairs and retools military aircraft, is convening its shareholders to approve the disbursement of a gross dividend of RON0.21 from 2023 profit, the equivalen...
BRD Wants to Distribute RON980M Worth of Dividends from 2023 Profit
BRD Soc Gen, Romania’s third largest lending institution by assets, is convening its shareholders to approve among others the distribution of RON980.5 million from 2023 profit under the form...
SelfPay Ends 2023 with RON11M Net Profit, RON185M Turnover
SelfPay, which owns the largest network of self-service payment terminals in Romania, reported RON10.8 million net profit in 2023, up 188% from 2022. Turnover climbed by 23% to RON185 millio...