Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
Petrom Shareholders OK Record High RON1.9B Dividends
Petrom shareholders, including Austria’s OMV (51%), Energy Ministry (20.6%), as well as Pillar II private fund pensions and Fondul Proprietatea, on Wednesday approved paying investors RON1.9...
Furniture Maker Elvila Switches to Losses in 2021
Furniture producer Elvila, listed on the Bucharest Stock Exchange and controlled by businessman Viorel Catarama, shifted to losses in 2021.
Daniel Dines Buys 10% of RodBun
Daniel Dines, CEO and co-founder of UiPath, acquired via Ice Vulcan Properties, an investment vehicle he owns, a 9.57% stake in RodBun, a major player in Romania’s agriculture field, from th...
OMV Petrom Budgets RON2.8B Profit and RON21B Revenues; Eyes RON4.4B Investments for 2022
Amid dwindling hydrocarbon output due to natural decline and the sale of some deposits, coupled by lower demand for natural gas, OMV Petrom has budgeted only 6% higher profit for 2022 year-o...
Electrica Enters Hungary
Electrica (EL.RO), the biggest electricity supplier in Romania and a listed company part of BET main index, was granted an electricity trading license by the Hungarian Energy and Public Util...
Stefan Vuza Wants to Drive Chimcomplex Turnover to EUR10B by Decade End
“We estimate CRC group (Chimcomplex is part of i.e.) will go beyond the first billion euro in terms of commodity production in just three years and turnover will reach EUR10 billion only ver...
Hidroelectrica Hits RON43B Valuation at End-2021, Up 66% in Just One Year
Hidroelectrica, Romania’s biggest power producer, saw its valuation soar by 66% in the year Romania witnessed record high energy prices, from RON25.6 billion to RON42.6 billion in December 2...
Chimcomplex Borzesti Seeks To Buy Petromidia
A just one-page document published on December 16th on the Bucharest Stock Exchange, laying out the development plans for the green unit and chemical unit of chemical producer Chimcomplex Bo...
Roca Industry Readies Stock Market Listing
Roca Industry, a holding set up by Roca Investments with the name of Holdingrock1 at the Trade Registry, grouping Romanian producers of building materials, at present Bico and Sarcom, with t...
Banca Transilvania Profit Up 58% in First 9 Months of 2021, to RON1.7B vs Year-Earlier Period
Banca Transilvania (TLV.RO), Romania’s biggest lending institution, for the first nine months of this year reported consolidated net profit worth RON1.67 billion, against RON1.056 billion in...
Nuclearelectrica Sees Profit Rise by 34% in First 9 Months of 2021, to RON641M
Nuclearelectrica (SNN.RO), Romania’s sole nuclear power producer, majority held by the Energy Ministry, ended the first nine months of 2021 with net profit worth RON641.1 million, up 34% fro...
Romgaz Hits RON1.16B Net Profit in First 9 Months of 2021, Up 23% from Year-Earlier Period
Natural gas producer and supplier Romgaz (SNG.RO), the Romanian state’s most valuable listed company, ended the first nine months of 2021 with net profit worth RON1.16 billion, up 23% from t...