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Net Assets Of Investment Funds In Romania Up 1.2% To RON52.1B In April 2022
Capital Market

Net Assets Of Investment Funds In Romania Up 1.2% To RON52.1B In April 2022

The net assets of the 236 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 1.2% in April 2022, to RON52.1 billion (EUR10.5 billion), and dropped by...

Ecaterina Craciun · 26.05.2022 · 20:04 · 1 min
Prospectiuni Bucuresti Doubles Revenue to RON28.5M in Q1
Capital Market

Prospectiuni Bucuresti Doubles Revenue to RON28.5M in Q1

Geological survey company Prospectiuni Bucuresti (PRSN.RO), controlled by businessman Ovidiu Tender, posted RON28.5 million revenue in the first three months of the year, an increase of 92%...

Loredana Frățilă-Cristescu · 25.05.2022 · 21:15 · 1 min
Utilico Emerging Markets Sells 3.35% in Conpet Ploiesti, Drops to 5%
Capital Market

Utilico Emerging Markets Sells 3.35% in Conpet Ploiesti, Drops to 5%

Oil transmission company Conpet Ploiesti (COTE.RO), majority held by the Romanian government via the Energy Ministry, announced on the Bucharest Stock Exchange on Monday evening that shareho...

Loredana Frățilă-Cristescu · 23.05.2022 · 21:18 · 1 min
TTS Deputy GM Ion Stanciu Buys RON310,000 Worth Of Company Shares
Companies

TTS Deputy GM Ion Stanciu Buys RON310,000 Worth Of Company Shares

Ion Stanciu, deputy general manager of river shipping company Transport Trade Services (TTS.RO), has bought shares worth RON308,000 (EUR62,000) in the company listed on the main market of th...

Ecaterina Craciun · 23.05.2022 · 18:39 · 1 min
Aquila To Be Included In FTSE Russell Indices Dedicated To Emerging Markets As Of June 22
Companies

Aquila To Be Included In FTSE Russell Indices Dedicated To Emerging Markets As Of June 22

The shares of fast-moving consumer goods (FMCG) distributor Aquila Part Prod (AQ.RO) will be included from June 20 in the FTSE Russell indices dedicated to emerging markets.

Ecaterina Craciun · 23.05.2022 · 16:35 · 3 min
Zentiva Posts RON169M Revenue in Q1
Capital Market

Zentiva Posts RON169M Revenue in Q1

Zentiva (SCD.RO) the largest pharmaceutical producer with facilities of its own in Romania, ended the first quarter of 2022 with growth of 7% in revenue to RON169.2 million, compared with th...

Loredana Frățilă-Cristescu · 18.05.2022 · 21:14 · 1 min
SIF Banat-Crisana Group Buys Tutunul Romanesc Site in Bucharest for EUR33.5M
Capital Market

SIF Banat-Crisana Group Buys Tutunul Romanesc Site in Bucharest for EUR33.5M

SIF SPV TWO, a company of the SIF Banat-Crisana (SIF1.RO) Group, on Wednesday bought the site of the „Tutunul romanesc” plant in Bucharest. The previous site owner was Interagro SA, a compan...

Loredana Frățilă-Cristescu · 18.05.2022 · 17:40 · 1 min
SIF Hoteluri Switches To RON760,000 Loss In 1Q/2022 From RON4.6M Net Profit In 1Q/2021
Companies

SIF Hoteluri Switches To RON760,000 Loss In 1Q/2022 From RON4.6M Net Profit In 1Q/2021

SIF Hoteluri (CAOR.RO), a company almost entirely held by regional investment fund SIF Banat-Crisana (SIF1.RO), on Wednesday reported a net loss of almost RON760,000 for the first three mont...

Ecaterina Craciun · 18.05.2022 · 16:43 · 1 min
Capital Market

STK Properties Goes Public On AeRO Market

STK Properties, an investment vehicle founded by the STK Emergent investment fund, focused on the development of real estate projects in Cluj-Napoca, went public on Wednesday (May 18), on th...

Ecaterina Craciun · 18.05.2022 · 15:12 · 3 min