Capital Market
Concefa Sibiu Switches To RON3.6M Loss In 1H
Romanian constructions company Concefa Sibiu (COFI.RO) Friday said it has switched to a loss of 3.6 million lei (EUR0.84 million) in the first half, versus net profit of RON0.85 million in t...
Biofarm Net Profit Rises 14.4% To RON11M In First Six Months
Romanian drugmaker Biofarm (BIO.RO) Friday reported first-half net profit of 11 million lei (EUR2.56 million), on total sales of RON49.5 million, 19% higher on the year.
Zentiva Romania 1H Net Profit Up 13% To RON30.5M
Romanian pharmaceuticals company Zentiva Romania (SCD.RO) Friday said its net profit rose 12.9% to 30.5 million lei (EUR7.3 million) in the first half, from RON27 million in the year-earlier...
Mechel Targoviste 1H Loss Widens To RON63.7M
Romanian steel maker Mechel Targoviste (COS.RO) Friday said its loss widened 32% to 63.7 million lei (EUR14.8 million) in the first half, despite a 46% increase in sales.
Mecanica Ceahlau 1H Net Profit Rises To RON5.5M
Romanian agricultural machinery producer Mecanica Ceahlau (MECF.RO) Friday said its net profit rose fivefold to 5.5 million lei (EUR1.3 million) in the first half, fueled by higher sales.
SIF Banat-Crisana 1H Revenue Down 29% On Year
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday reported total revenue of 43 million lei (EUR10.3 million) in the first half, down 29% on the year.
Bucharest Shares Open Up 3%, Ease Gains Later
Romanian shares rose more than 3% in the first minutes of Friday's trading, supported by the solid gains on the US markets yesterday, and remained in positive territory after the first hour,...
Leu Gains Modestly Vs Euro In Early Trade
Romania’s leu edged higher against the euro Friday morning, with investors showing caution as global uncertainties continue to take a toll on risky assets.
Oltchim Limits First-Half Loss To RON70.3M
Romania’s state-run chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Friday said its net loss narrowed 60% on the year in the first half, as sales advanced 69% to 915.2 million lei (EUR2...