Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
BRD Pensii Readies Exit from Pillar II Private Pension System
BRD Pensii, which manages the Pillar II fund with the lowest net asset unit value since its launch in 2008, of RON23.49 vs RON10 in 2008, is contemplating several scenarios with regard with...
Petrom Triples Sales to RON44B in Jan-Sept 2022; Net Profit Climbs 5 Times to RON9.2B
OMV Petrom (SNP.RO), the biggest company listed on the Bucharest Stock Exchange, reported record high financial results for the first nine months of 2022 amid rising fuel prices and higher e...
Hidroelectrica Hits RON4.7B Revenues, RON2.6B Profit in 1H/2022
Hidroelectrica, Romania’s largest state-owned energy producer and the most profitable state-run company, ended the first half of 2022 with RON4.7 billion revenues, up 48% year-over-year, and...
OMV Petrom Headed Towards RON10B Profit and RON50B Turnover, But High Prices Start Destroying Demand
With RON4.6 billion net profit and RON26 billion sales, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, had a 1H/2022 more profitable that 2020 and 2021 put together...
Tradeville Ends 2021 with Net Profit of Nearly EUR12M and RON29M Turnover
Tradeville, the broker controlled by entrepreneur Andrei Siminel, for 2021 reported RON29 million turnover, up 34% on the year, and net profit of RON11.8 million, 34% higher than in 2020, in...
Fondul Proprietatea Works with Rothschild for Hidroelectrica Listing
Fondul Proprietatea (FP.RO), with stakes in Petrom, Alro Slatina, Aeroporturi, has hired the famous investment bank Rothschild for financial assistance in the listing of electricity producer...
Chimcomplex Ends 1Q/2022 with RON73M Net Profit, Down 40%, and RON612M Turnover, Up 23% Vs 1Q/2021
Chemical producer Chimcomplex (CHOB.RO), which owns the Oltchim and Borzesti platforms, for the first quarter of this year reported net profit worth RON72.8 million, down 40% from the year-e...
Hidroelectrica Boasts Record High 1Q Results
Whereas total energy sales in 1Q/2022 dropped by 30% from the year-earlier period, Hidroelectrica, Romania’s largest electricity producer, fully benefited from the soaring energy prices and...
MedLife Ends 1Q/2022 with RON32M Pro-Forma Net Consolidated Profit and RON431M Turnover
MedLife, the only private healthcare provider listed on the Bucharest Stock Exchange, reported net consolidated profit of RON32 million for 1Q/2022 and RON431 million turnover,
Nuclearelectrica Boasts All-Time High Figures in 1Q/2022: RON820M Profit, Up 250%, and Almost Triple Revenues at RON1.9B
Amid the unprecedented energy price hikes, Nuclearelectrica, Romania’s sole nuclear energy producer and a company where the Romanian state is a majority stakeholder, reported all-time high f...
Banca Transilvania Shareholders OK RON800M Dividends from 2021 Profit
The shareholders of Banca Transilvania (TLV), among which Pillar II pension funds, regional investment funds, the EBRD, approved the distribution of RON800 million from 2021 profit under the...
Unprecedented Oil Price Surge Triples Petrom 1Q Profit, Drives Sales up 145%
In the context of the unprecedented high and volatile oil prices, generated by the Ukrainian war, and aid rising sales volumes, OMV Petrom, the biggest company listed on the Bucharest Stock...