Capital Market
SIF Oltenia Exits EximBank for RON42.4M
SIF Oltenia (SIF5.RO) has completed procedures to exit the shareholder structure of EximBank and collected RON42.4 million for its 3.27% stake, the company notified the Bucharest Stock Excha...
Electrica Extends Interim CEO Term Of Alexandru Chirita
Electricity distributor and supplier Electrica (EL.RO) Board of Directors has extended the interim CEO term of Alexandru Chirita until the end of 2022 or until the appointment of a new CEO,...
Aquila Sees Two of Its Brands Post Double-Digit Growth in H1
Aquila (AQ.RO), the leading player in the local market for integrated distribution and logistics services, announces that its own brands Gradena and LaMasa saw a 33% increase in value in the...
Argus Constanta Turnover Triples To RON200M; Net Profit Grows 11-Fold To RON28M YoY In 1H/2022
The skyrocketing prices of edible oil have tripled the turnover of edible oil producer Argus Constanta (UARG.RO) to almost RON200 million and its net profit grew 11-fold to RON28.4 million o...
SIF Oltenia Profit Grows Fivefold YoY To RON144M In 1H/2022
Regional investment fund SIF Oltenia (SIF5.RO) on Tuesday said it ended the first half of 2022 with a net profit of RON143.9 million, up 423% on the year, and revenue of RON158 million, up 3...
Farmaceutica Remedia Profit Drops to RON3.7M in H1
Pharmaceutical wholesaler Farmaceutica Remedia (RMAH.RO) ended the first six months of the year with a net profit of RON3.7 million, down 12% from the RON4.2 million in the first half of las...
Aerostar Bacau Sees Net Profit Rise 36% to RON48.8M in Jan-June
Aerostar Bacau (ARS.RO), a manufacturing and maintenance company in the aviation industry, made net profit of RON48.8 million in the first half of 2022, up 35.6% compared with the first half...
Automotive Component Maker Compa Sibiu Net Profit Shrinks to RON4.7M in H1
Automotive components manufacturer Compa Sibiu (CMP.RO) ended the first half of 2022 with a net profit of RON4.7 million, down 73.3% compared with the year-ago period.
Transelectrica Net Profit Shrinks 73% to RON28M in H1
Transelectrica (TEL.RO), the operator of the national energy transmission system, ended the first half of the year with a net profit of RON28 million, down 73% compared with the RON104 milli...