Capital Market
VES Sighisoara Sees 2011 Net Profit Rising To RON1.45M
Romanian pots and stoves maker VES Sighisoara (VESY.RO) estimates a net profit of 1.45 million lei (EUR356,000) this year, compared to RON116,500 in 2010, the company said Friday.
Rompetrol Well Services To Pay RON0.015/Share Dividend
Rompetrol Well Services Ploiesti (PTR.RO), the oil services unit of the Rompetrol group, Friday said it will pay a gross dividend of 0.015 lei (EUR0.037) per share from last year's profit.
Oil Pipe Operator Conpet Rejects Proposal To Triple 2010 Dividend
Romanian oil transporter Conpet Ploiesti (COTE.RO), controlled by the Economy Ministry, Friday rejected a proposal to triple the 2010 dividend by including company reserves.
Zimtub Sees 2011 Gross Profit Slightly Up At RON0.6M
Romanian steel tubes maker Zimtub (ZIM.RO) Friday said it expects a gross profit of 594,314 lei (EUR145,865) this year, slightly higher than RON589,199 in the previous year.
BVB To Pay Dividend Of RON0.7 Per Share
Bucharest bourse operator BVB (BVB.RO) will pay a gross dividend of 0.7015 lei (EUR0.17) per share from the net profit achieved in 2010, according to a shareholder decision issued Friday.
Zentiva Romania Pays Dividend For First Time Since Floating
Romanian generic drug maker Zentiva Bucuresti (SCD.RO) Friday approved paying out total dividends to its shareholders of 125 million lei (EUR30.68 million) from last year’s profits and own r...
Romanian Contor Group Pins Bankruptcy On Flawed Management
Shareholders of Romanian measuring device maker Contor Grup (CGC.RO) held majority holder and president-general manager Tudor Caracioni responsible for the company’s bankruptcy, and replaced...
Banca Transilvania 1Q Net Profit Doubles To RON32M
Romanian lender Banca Transilvania (TLV.RO) Friday said its first quarter net profit nearly doubled on the year to 31.76 million lei (EUR7.8 million), on lower provisions and higher income f...
Economy Ministry Rejects Oil Terminal's Capital Hike Proposal
The Romanian Economy Ministry refused a Board proposal to increase the share capital at cargo handler Oil Terminal (OIL.RO) by 151.7 million lei (EUR37.23 million), to RON210 million, in a s...