Capital Market
UK’s M&G Becomes Hidroelectrica’s Largest Foreign Shareholder
UK’s M&G Investments based in London (Municipal & General Securities Company) became a Hidroelectrica (H2O.RO) shareholder as a result of the initial public offering of the electricity gener...
Nuclearelectrica Buys EUR45M Worth Of CEC Bank Bonds
Nuclear power producer Nuclearelectrica (SNN.RO) has notified shareholders that on November 16, 2023, it bought some EUR45 million of CEC Bank bonds. The annual yield is 7.75%, it said in a...
SIF Muntenia Reaches 41.2% Ownership Stake In Santierul Naval Orsova
Shipbuilder Santierul Naval Orsova (SNO.RO) has informed the local stock market on Thursday (Nov 16) that it was notified that Infinity Capital Investments (SIF5.RO), formerly known as SIF O...
Bucharest Stock Exchange Launches The First Digital Art Type NFT With ARIR
The Bucharest Stock Exchange (BVB) and the Romanian Association for Investor Relations (ARIR) have launched the first Non-Fungible Token (NFT) on the Romanian capital market in the form of d...
CEC Bank Raises EUR162.6M Via Bond Issue
CEC Bank, the largest state-run lender in Romania, has raised EUR162.6 million from investors through a tap of its February 2028 senior non-preferred MREL Eligible Notes issue from February...
Transport Trade Services Posts RON664M Turnover, RON251M Net Profit In First 9 Months Of 2023
Danube freight carrier Transport Trade Services (TTS.RO) reported a consolidated turnover of RON664.3 million for January-September 2023, up 31.4% on the year.
Ropharma Pharmacy Chain Profit Drops 33% YoY To RON4M Profit In Q1-Q3/2023
Ropharma (RPH.RO), a pharmacy chain owned by entrepreneur Mihai Miron, ended the first three quarters of 2023 with a profit of RON4 million, down 33% from RON5.9 million on Sept 30, 2022.
Chimcomplex Reports RON55M Net Profit And RON1.08B Turnover For Jan-Sept 2023
Chemical compound Chimcomplex (CRC.RO) reported a net profit of RON54.8 million for the first nine months of 2023, lower than RON115 million in the same period of 2022, and its turnover fell...
Roca Industry Posts RON440M Revenue In Jan-Sep
Construction material holding company Roca Industry (ROC1.RO), launched by Roca Investments, posted RON439.2 million revenue for its companies in the first nine months of the year, an increa...