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Startup Hyperhuman Opens New Investment Round; Seeks To Raise EUR700,000 For Expansion
Companies

Startup Hyperhuman Opens New Investment Round; Seeks To Raise EUR700,000 For Expansion

Startup Hyperhuman, which develops a platform of customized fitness trainings using the artificial intelligence (AI) technology, on Wednesday announced a new investment round worth EUR700,00...

Ecaterina Craciun · 02.03.2022 · 16:21 · 1 min
Patria Bank Posts 238% Net Profit Rise to RON9.5M in 2021
Capital Market

Patria Bank Posts 238% Net Profit Rise to RON9.5M in 2021

Patria Bank (PBK.RO), a lender held by Emerging Europe Accession Fund (EEAF) ended 2021 with a net profit at individual level of RON9.46 million, an increase of 238.3% or RON6.7 million on t...

Loredana Frățilă-Cristescu · 02.03.2022 · 08:00 · 1 min
Braiconf Braila's Loss Shrinks YoY To RON3M In 2021
Companies

Braiconf Braila's Loss Shrinks YoY To RON3M In 2021

Romanian apparel manufacturer Braiconf Braila (BRCR.RO) on Tuesday said it ended 2021 with total revenue of RON23.5 million, down 35% from 2020, and a loss of RON3 million, compared to a net...

Ecaterina Craciun · 01.03.2022 · 19:28 · 1 min
Electrica Holders To Discuss Approving Up To RONR900M Ceiling For Company’s Bond Issues For 2022-2023
Energy

Electrica Holders To Discuss Approving Up To RONR900M Ceiling For Company’s Bond Issues For 2022-2023

Shareholders of electricity distributor and supplier Electrica will discuss at their general meeting on April 20 approving a ceiling of up to RON900 million for the company’s bond issues for...

Ecaterina Craciun · 01.03.2022 · 17:12 · 1 min
Vrancart Profit Halves To Nearly RON8M YoY In 2021
Companies

Vrancart Profit Halves To Nearly RON8M YoY In 2021

Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) said its profit halved to almost RON7.7M in 2021 from RON18.6 million in 2020, amid 68% higher raw material costs in 2021 against 20...

Ecaterina Craciun · 01.03.2022 · 11:20 · 1 min
AROBS Transilvania Posts RON43.6M Net Profit in 2021
Capital Market

AROBS Transilvania Posts RON43.6M Net Profit in 2021

AROBS Transilvania Software (AROBS.RO), the largest company listed on the AeRO market of the Bucharest Stock Exchange ended 2021 with RON172.5 million operating revenue at individual level,...

Loredana Frățilă-Cristescu · 01.03.2022 · 00:00 · 1 min
Promateris Group Ends 2021 with 62% Rise in Turnover to EUR37.8M
Capital Market

Promateris Group Ends 2021 with 62% Rise in Turnover to EUR37.8M

Promateris (PPLRO), a Romanian industrial group and leader in the CEE region in producing biodegradable and compostable packaging, posted EUR37.8 million consolidated turnover in 2021, up 62...

Loredana Frățilă-Cristescu · 01.03.2022 · 00:00 · 1 min
Grup Serban Holding Goes Public On AeRO Market; Raises Almost RON13M For Business Developing
Capital Market

Grup Serban Holding Goes Public On AeRO Market; Raises Almost RON13M For Business Developing

Grup Serban Holding, a Romanian entrepreneurial company active in several fields in the agricultural sector, debuted on Monday (Feb 28) on the AeRO market of the Bucharest Stock Exchange, un...

Ecaterina Craciun · 28.02.2022 · 21:11 · 2 min
BRK Financial Group’s Net Profit Grows More Than 12-Fold YoY To RON23.3M In 2021
Capital Market

BRK Financial Group’s Net Profit Grows More Than 12-Fold YoY To RON23.3M In 2021

BRK Financial Group (BRK.RO), the only broker listed on the Bucharest Stock Exchange, ended 2021 with a net profit of RON23.2 million, up 1.138% from the 2020 level,

Ecaterina Craciun · 28.02.2022 · 20:53 · 3 min