Capital Market
Agricover IPO up to RON416M, Starts May 4, Ends May 16
Romania’s Financial Supervisory Authority (ASF) on Wednesday May 3, 2023, approved the initial public offering prospectus of Agricover Holding for an offering of up to RON416 million, runnin...
Romgaz Makes RON88M Term Deposit With Eximbank
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Wednesday (May 3) said in a stock market report that it placed with Romania’s import-export bank Eximbank a term deposit without...
Hidroelectrica To Pay Out RON3.9B Dividends From Its 2022 Record Profit Of RON4.4B To Its Two Shareholders
Hidroelectrica, Romania’s largest electricity generation company and the most anticipated listing on the Romanian capital market, is set to distribute 90% of its record net profit of RON4.4...
Grand Hotel Bucharest Ends 2022 With RON26.8M Revenue, Up Nearly 43% YoY
Grand Hotel Bucharest, the former Intercontinental hotel, managed by Compania Hoteliera Intercontinental Romania (RCHI.RO), had a turnover of RON26.8 million in 2022, up 42.9% from 2021, and...
THR Marea Neagra Ends 2022 With Slightly Lower Turnover Of RON45.3M
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), which manages several hotels and restaurants in seaside resorts, ended 2022 with a turnover of RON45.3 million, slightly lower than in 20...
Brokerage Group XTB Ends Q1/2023 With Consolidated Net Profit Of EUR64.4M, Up 20% YoY
Brokerage group XTB, with shares listed on the Warsaw Stock Exchange, ended the first quarter of 2023 with consolidated net profit of EUR64.4 million, up 20% versus the same period of 2022,...
BCR Pensii Buys Digi Communications Shares For Nearly RON13.4M In March 2023
BCR Pensii, the private pension fund with the biggest number of listed companies in its portfolio among the seven mandatory private pension funds in Romania, known as Pillar II, increased it...
Furniture Retailer Vivre Ends 2022 with RON34M Losses and 50% Lower Revenue
Furniture and home décor retailer Vivre announced RON34 milion losses for 2022, compared with RON85 million the previous year and 50% lower revenue, RON114 million.
Teilor Holding Posts RON371.2M Consolidated Revenue in 2022
Teilor Holding, a group that includes fine jewelry chain Teilor, non-bank financial institution Invest Intermed GF IFN and Teilor Invest Exchange and has bonds listed on the Bucharest Stock...