Capital Market
Electromagnetica Slips Into The Red In 2023 With RON32M Loss
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to...
Aerostar Bacau Profit Up 3% To RON93M In 2023
Aerostar Bacau (ARS.RO), a supplier of aerostructures, components, assemblies for hydraulic systems for global manufacturing programs, posted RON93 million net profit in 2023, 3% higher than...
Transilvania Broker De Asigurare Ends 2023 With RON7.6M Net Profit
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, ended 2023 with a net profit of RON7.6 million, down 34.3% compared with 2022, on operating revenu...
Transport Trade Services Seeks To Buy Back Shares Up To RON12.6M
Danube freight carrier Transport Trade Services (TTS.RO), on Thursday notified the Bucharest Stock Exchange about its management having approved the start of the 2024-2025 buyback program on...
Active Plus Lowers Lion Capital Stake By Almost 5%
Active Plus, a fund managed by Swiss Capital Asset Management, has reduced its stake in investment fund Lion Capital (LION.RO) from 5.12% to 0.19%, Lion said in a report to the Bucharest Sto...
Bittnet Group’s Dendrio Solutions Signs RON11M Contract To Supply IT Equipment
IT group Bittnet Systems (BNET.RO) on Tuesday notified the capital market of the signing of a significant RON11 million contract by Dendrio Solutions SRL (part of the Cloud & Infrastructure...
Fondul Proprietatea Collects RON432.6M From Sale Of Engie Romania Stake To GDF International
Fondul Proprietatea via its manager Franklin Templeton International Services on Tuesday notified the Bucharest Stock Exchange of having completed the sale of its Engie Romania stake to GDF...
Transelectrica Gets Another EUR48M Funding Via Modernization Fund
Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the tenth funding contract the Energy Ministry sign...
Fidelis, 15th Edition: Romanians Can Buy Govt Bonds Between February 21-March 1
The Finance Ministry is readying to launch a new Fidelis government bond issue aimed at retail investors for which subscriptions will start on Wednesday, February 21, and end on Friday, Marc...