Capital Market
Index Of Energy And Utility Firms Listed On Bucharest Stock Exchange Increases While Volatility Intensifies
International capital markets are going through a period of significant volatility, and the Romanian capital market has aligned itself with this trend. Rising interest rates, geopolitical te...
Appraisal & Valuation Appoints Ovidiu Nastase As Chief Financial Officer
Appraisal & Valuation (APP.RO), a real estate consulting, valuation and development business, on Monday said it appointed Ovidiu Nastase to the position of Chief Financial Officer (CFO) of t...
Evergent Investments’ Net Profit Down 65% YoY To RON11M In 1Q/2022
Financial investment company Evergent Investments (EVER.RO, former SIF Moldova) said in a stock market report on Monday that it recorded a net profit of RON10.93 million in the first quarter...
Compa Sibiu Net Profit Drops 81.4% YoY To RON1.4M In 1Q/2022
Car parts manufacturer Compa Sibiu (CMP.RO) ended the first three months of 2022 with a net profit of RON1.4 million, down 81.4% on the year, and a turnover of RON198.4 million, up 9.4% on t...
Antibiotice Iasi Net Profit Spikes 114% YoY To RON8.6M In 1Q/2022
Antibiotice Iasi (ATB.RO), the biggest Romanian-held drug maker, reported a net profit net of RON8.6 million for the first three months of 2022, up 113.7% from the year-earlier period, in li...
Prebet Aiud Switches To RON140,000 Net Loss In 1Q/2022 From RON1.06M Net Profit In 1Q/2021
Prebet Aiud (PREB.RO), a manufacturer of precast products made of reinforced and prestressed concrete, ended the first quarter of 2022 with a net loss of RON140,000 versus a net profit of RO...
Transelectrica Net Profit Plunges 90% YoY To RON8M In 1Q/2022
Romanian state-run power grid operator Transelectrica (TEL.RO) recorded a net profit of RON8 million in the first quarter of 2022, down 90% from RON82 million in the first quarter of 2021, a...
Conpet Net Profit Almost Doubles YoY To RON18.8M In 1Q/2022
Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) recorded a turnover of RON117.17 million in the first quarter of 2022, up 15% on the year, and a net profit of RON18.8 million,...
Arctic Stream’s Net Profit Doubles YoY To RON900,000 In 1Q/2022 Due To Higher Revenue
Romanian-held company Arctic Stream (AST.RO), an integrator of IT infrastructure and security, ended the first quarter of 2022 with a net profit of EUR900,000, double year-over-year, due to...