Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Turbomecanica Posts RON60M Revenue In H1
Turbomecanica (TBM.RO), a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, posted RON60 million revenue in the first half of 2023 compared with RON57.7 milli...
Nuclearelectrica Makes RON133M Deposit With Eximbank At 6.6% Interest
State-run nuclear power producer Nuclearelectrica (SNN.RO) has made a term deposit in amount of RON133 million with Eximbank. The deposit is due on February 26, 2024, and carries an interest...
Transport Trade Services Signs EUR31.5M Contracts With Liberty Galati
Danube freight carrier Transport Trade Services (TTS) has concluded two contracts with Liberty Galati for the provision of transport services, the company said in a report to the Bucharest S...
Optical Equipment Maker IOR Bucuresti Losses Widen To RON2M In H1
Optical equipment manufacturer IOR Bucuresti (IOR.RO) ended the first six months of the year with a loss of RON1.96 million, up from the RON470,000 loss in the year-ago period, the company s...
Germina Agribusiness Posts RON1.53M Profit In H1
Seed producer and processor Germina Agribusiness Bucuresti (SEOM.RO) posted RON1.53 million net profit in the first half of 2023, up from only RON29,325 in the first half of 2022.
Meta Estate Trust Appoints Gran Via’s Antoanela Comsa Chief Investment Officer
Real estate investment company Meta Estate Trust (MET.RO) has notified shareholders and capital market that during its meeting of the Board of Directors on August 23, a decision was made to...
Altex’s NBFI Credex Gets Payment Institution License
Credex IFN, a non-banking financial institution (NBFI) of the Altex Group, the leading computer and electronics retailer in Romania, has secured a license to operate as a payment institution...
Real Estate Deals Increase By 16% To More Than 12,000 In July
The number of real estate deals in Romania stood at 12,252 in July 2023, an increase of 16% on June 2023, data from the national cadaster agency ANCPI showed on Thursday (August 24).
Petru Vaduva Reelected Transgaz Chairman Of The Board
State-run natural gas transmission company Transgaz (TGN.RO) on Thursday notified the Bucharest Stock Exchange that its Board of Directors had elected Petru Ion Vaduva chairman of the Board...
Romania Private Lending Up 5.6% YoY To RON378.2B In July 2023
Private lending in Romania grew by 5.6% in nominal terms (down 3.5% in real terms) to RON378.2 billion in July 2023 compared with July 2022, central bank data showed on Thursday (August 24).
Pretzel Shop Chain Luca Operator Tinervis Group Sees Sales Up 75% In 2022
Tinervis Group, the company that operates the Luca chain of pretzel shops, held by entrepreneurs George Adragai and Mircea Cosmin Postole, posted almost RON368 million (EUR74.6 million) sale...
Evergent Investments Sold Romgaz And Nuclearelectrica Shares In H1, Bought OMV Petrom
Financial investment company Evergent Investments (EVER.RO) made transactions with shares in major energy companies – Nuclearelectrica (SNN.RO), Romgaz (SNG.RO) and OMV Petrom (SNP.RO) in Ap...