Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
OMV Petrom Concludes Delisting from LSE
OMV Petrom, Romania’s largest oil and gas company, on October 26, 2023, completed the process of delisting GDRs from the London Stock Exchange in the wake of low interest in their trading an...
TeraPlast Ends Jan-Sept 2023 Period with RON6.8M Net Profit, RON517M Revenues
Building materials maker TeraPlast Bistrita for the first nine months of 2023 reported net profit worth RON6.8 million and RON517 million revenues.
Digi Communications Completes First Optical Fiber Investment in Spain
Digi Spain, the Spanish subsidiary of telecom operator Digi, and investment company abrdn have finalized the first optical fiber network investment in Spain.
Sphera Group to Close Down Several Pizza Hut Restaurants for Reorganization
Sphere Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romania, has announced it is implementing a Pizza Hut restaurant network reorganization process give...
Restart Energy One Ends 1H/2023 with RON124M Revenues, Up 11%, RON37M Profit
Restart Energy One, a major independent electricity and gas supplier, for the first half of 2023 reported RON124 million revenues, up 11%, and RON37 million net profit.
Fondul Proprietatea Ends 1H/2023 with RON680M Losses
Fondul Proprietatea (FP) reported RON680 million losses in the first half of 2023, from a RON4.1 billion positive result in the same period of 2022 amid some portfolio reevaluations.
IAR Brasov Reports RON286M Turnover in 1H/2023, Up 44%, RON35M Profit, Double 1H/2022 Level
Romanian state-run aircraft repair and maintenance company IAR Brasov reported RON286 million turnover in the first half of 2023, up 44% from the year-earlier period, while net profit double...
THR Marea Neagra Posts RON31M Revenues in 1H/2023, Switches to Net Profit
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), which manages several hotels and restaurants in seaside resorts, reported revenues worth RON31 million for the first half of 2023, consid...
Meta Estate Trust Reports RON6.3M Revenues, RON2.9M Net Profit in 1H/2023
Meta Estate Trust, a holding-type company operating in the real estate field, for the first half of 2023 reported RON6.3 million total revenues, up 60% from the year-earlier period, while ne...
One United Properties Reports RON843M Turnover in 1H/2023, Up 25%, RON287M Net Profit, Down 17%
Real estate developer One United Properties, in the first half of 2023 registered consolidated turnover of RON843 million, 25% higher than in 1H/2022, and net profit worth RON287 million, do...
Aquila 1H/2023 Net Profit Up 29% To RON42M from 1H/2022
AQUILA Part Prod Com (AQ), market leader in integrated distribution and logistics services in Romania and the Republic of Moldova, ended the first half of 2023 with RON41.8 million net profi...
Banca Transilvania Reports RON1.58B Net Profit in 1H/2023, Up 50% from 1H/2022
Banca Transilvania, Romania’s biggest lending institution, reported consolidated net profit of RON1.58 billion in the first half of 2023, from RON1 billion in the same period of last year.