Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Banca Transilvania Sees RON2.5B Net Profit in 2022
Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON2.5 billion consolidated net profit in 2022, an increase of 23% on 2021, while assets increased by 6% to RON140.5 billio...
Aerostar Bacau Net Profit Rises 50.6% to RON90.3M in 2022
Aerostar Bacau (ARS.RO) a company that makes aircraft parts and provides aircraft maintenance services, ended 2022 with RON90.3 million net profit, an increase of 50.6% on 2021 and RON467 mi...
Sipex Company Ends 2022 with 12.5% Growth in Revenue to RON291M
Construction material distributor Sipex Company (SPX.RO) ended 2022 with RON291 million revenue, an increase of 12.5% and RON20.1 million profit, 25% higher than in 2021.
Tech Company 2Performant Sees 36% Increase in Revenue to RON35.1M in 2022
Technology company 2Performant (2P.RO) posted RON35.1 million revenue in 2022, an increase of 36% year-on-year and RON258,000 net profit, instead of a RON700,000 loss.
Holde Agri Invest Sees 87% Growth in Revenue to RON117.5M in 2022
Holde Agri Invest (HAI.RO), a Romanian-held company that operates farmland, posted RON117.5 million consolidated revenue in 2022, an increase of 87% and net profit of RON11.4 million (IFRS),...
Franke Romania Ends 2022 with EUR13M Revenue
Franke Romania, the local subsidiary of the Swiss group by the same name, ended last year with EUR12.9 million revenue, its officials say. The revenue was 5% lower than in 2021, as ZF calcul...
SIF Banat-Crisana Set to Change Name to Lion Capital
SIF Banat-Crisana (SIF1.RO), the largest financial investment company listed on the Bucharest Stock Exchange by assets and market value, is to become Lion Capital, after shareholders voted f...
Mazars: Romania M&A Market Up 17% in Volume in 2022
The M&A market in Romania did well in 2022, with a 17% increase in the volume of reported deals (76 deals), while the reported value decreased to EUR1.4 billion from EUR2.7 billion in 2021,...
Company TTS Bought in EUR22M Deal Is Decirom
Danube transport company Transport Trade Services (TTS.RO) on Friday notified the Bucharest Stock Exchange of plans to buy a port operator for EUR21.8 million to be paid in a single instalme...
Car Battery Maker Rombat Budgets EUR10M Investments in 2023
Car battery manufacturer Rombat in Bistrita, controlled by the South African group Metair, will allocate EUR10 million for investments this year, mainly for the installation of a semi-automa...
Damen Branches Out into Building Offshore Platform Equipment
Dutch-held group Damen Shipyards, which bought into Damen Mangalia shipyard in mid-2018, is repositioning its business strategy to capitalize on its resources and experience in shipbuilding,...
Transilvania Broker Posts RON130M Revenue in 2022
Transilvania Broker, an insurer listed on the Bucharest Stock Exchange, posted RON130 million revenue in 2022, up 31%, and a net profit of RON11.5 million, up 68%, according to the financial...