Capital Market
Banca Transilvania Posts RON2.3B Net Profit In Jan-Sep
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, posted RON2.3 billion net consolidated profit in the first nine months of 2023, up from the RON1.68 billion in the year-...
First Loan Via InvestEU In Romania Goes To Antibiotice Iasi For New Plant
Pharmaceutical manufacturer Antibiotice Iasi (ATB.RO) has signed a EUR25 million loan agreement with the European Investment Bank (EIB), which will help finance the construction of new produ...
Transilvania Broker de Asigurare Reports RON6.3M Net Profit For January-September 2023, Down 21% YoY
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers on the local market, ended the first nine months of 2023 with a net profit of RON6.3 million, down 21% on the...
Holde Agri Invest Seeks To Increase Share Capital By Up To RON40M
Farmland operator Holde Agri Invest (HAI.RO) on Friday notified the Bucharest Stock Exchange on the details of its capital increase to be conducted in November and December, which it intends...
Fondul Proprietatea Gets ASF Approval To Increase Number Of Shares It Seeks To Buy Back
Fondul Proprietatea (FP.RO) has received the approval of the Financial Supervisory Authority (ASF) to amend the tender offer documentation and increase the number of shares it seeks to buy b...
MedLife Set To Transport Lab Samples Between Oradea And Arad Via Drones
Private medical service provider MedLife (M.RO) will be using drones to transport lab samples over the 120 kilometers between Oradea and Arad, thus cutting delivery time in half, it said in...
Transgaz: Black Sea Gas Won’t Be Enough For Romania’s Needs
In one of his rare public appearances, Ion Sterian, chief executive officer of Transgaz (TGN.RO), the national natural gas transmission company, says that the Black Sea will not turn Romania...
Metropolitan Life Pensii Private Reaches 5.1% Ownership Stake In Transport Trade Services
Fondul de Pensii Administrat Privat (FPAP) Metropolitan Life has increased its ownership stake in Danube freight carrier Transport Trade Services (TTS.RO) to 5.1%, which translates into 3.06...
Nuclearelectrica Partners Up With Canada's AtkinsRéalis For Retooling Unit 1 At Cernavoda Nuclear Power Plant
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) has informed the capital market in a report on Nov 7 of the awarding of a contract for the supply of reactor tooling and c...