Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
Transilvania Investments Alliance Wants to Distribute Dividends with 4.7% Yield, Start Buyback of 10 Million Stock
Transilvania Investments Alliance is convening shareholders to approve among others the distribution of a gross dividend of RON0.015/share and a buyback program.
Transport Trade Services Wants to Pay RON68.4M Worth of Dividends to Investors
Danube freight carrier Transport Trade Services has proposed to its shareholders the distribution of RON68.4 million from 2023 profit under the form of dividends.
Romania Pillar II Pension Funds Boast 17.9% Record High Yield in 2023
The seven mandatory private pension funds in Romania (Pillar II) generated an annual average yield of 17.9% in 2023, the best annual performance in the entire history of the system and over...
Fondul Proprietatea Signs Agreement to Sell Shareholding in Engie Romania for RON433M
Fondul Proprietatea (FP) announced it signed with GDF International the sale of the 12% stake in Engie Romania for RON433 million.
Foraj Sonde Craiova Seals RON146M Contract with Romgaz for Works at Two Exploration Wells
Foraj Sonde Craiova, a local drilling company for the oil and gas industry, controlled by Valentin Cristescu (68.5%) and Emil Cristescu (26.3%), announced it sealed a RON146 million contract...
Britain’s M&G Becomes Hidroelectrica Shareholder
Asset manager M&G Investments headquartered in London, having assets worth £330 billion (EUR381 billion) under management, has become a stakeholder in Hidroelectrica with the listing of the...
DN Agrar Reports 12.4% Higher Turnover, 111% Higher Net Profit for Jan-Sept 2023
DN Agrar Group, the largest integrated farm in Romania and leader in cow milk production, registered RON115.9 million turnover in the first nine months of 2023, up 12.4% from the year-earlie...
MedLife Wants to Extend EUR228M Syndicated Credit Facility by EUR50M
Private healthcare provider MedLife wants to extend by EUR50 million the credit limit of a EUR228 million syndicated loan contracted in December 2022.
Prodvinalco Posts RON50.5M Turnover, RON12.8M Net Profit in Jan-Sept 2023
Spirits producer Prodvinalco for the first nine months of 2023 reported turnover worth RON50.5 million, from RON43.2 million in the same period of 2022. On the other hand, net profit rose to...
Millenium Insurance Broker Reaches RON42M Turnover, RON2.3M Net Profit in Jan-Sept 2023
Insurance broker Millenium Insurance, majority owned by mobility network Autonom Services, reported RON42 million turnover in the first nine months of 2023, up 13% from the year-earlier peri...
Winemaker Purcari Hits RON253M Revenues, RON44M Net Profit in Jan-Sept 2023
Winemaker Purcari reported RON253 million revenues in the first nine months of 2023, up 26% from the year-earlier period, while net profit rose by 24% to RON43.8 million.
IAR Brasov Reports RON360M Turnover for Jan-Sept 2023. Net Profit almost Triples To RON36M
Romanian state-run aircraft repair and maintenance company IAR Brasov registered RON360 million turnover in the first nine months of 2023, from RON226 million in the year-earlier period, whi...