Capital Market
Comelf 1H Turnover Rises 50% To RON70M
Romanian manufacturer of environmental protection products Comelf Bistrita (CMF.RO) Friday posted a first-half net turnover of 70 million lei (EUR16.4 million), up 49% on the year.
Avicola Brasov 1H Revenue Up 10.4% To RON55.6M
Romanian poultry meat maker Avicola Brasov posted revenue of 55.6 million lei (EUR13.3 million) in the first half, 10.4% higher on the year, while the profit was flat, according to the compa...
Amonil Swungs To Loss In First Half, On Sinking Sales
Romanian fertilizers producer Amonil Slobozia (AMO.RO) Friday posted a loss of 14.8 million lei (EUR3.5 million) in January to June, from a net profit of RON3 million in the same period of 2...
Laminorul Braila 1H Loss Narrows To RON9.8M, On Surging Sales
Romanian steel producer Laminorul Braila (LMRU.RO), a unit of Russian group Mechel, Friday reported a first-half net loss of 9.8 million lei (EUR2.3 million), down from RON26.8 million in th...
Vrancart 1H Net Profit Drops 8% To RON1.5M
Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) Friday reported a net profit of 1.5 million lei (EUR0.35 million) for the first six months, down 8% from RON1.66 million in the sam...
Bucharest Shares Climb 5%, Eyes Kept On Foreign Markets
Bucharest shares posted solid increases Friday, bouncing back from losses a day earlier, as sentiment on the international markets improved and bank stocks returned to gains.
Leu Ends Higher Vs Euro On Positive Sentiment
Romania’s leu gained 0.4% versus the euro Friday, partly recouping a 0.6% loss in the previous session, after news that the US retail sales advanced to a two-month high in July, dampening in...
Comelf OKs RON44.5M Investment To Boost Production
Romanian manufacturer of environmental protection products Comelf Bistrita (CMF.RO) Friday approved total investments of 44.48 million lei (EUR10.3 million) to increase productivity and comp...
SIF Transilvania 1H Revenue Triples To RON147.5M
Romanian regional investment fund SIF Transilvania (SIF3.RO) Friday reported total revenue of 147.5 million lei (EUR35.2 million) in the first half, up over threefold on the year.