Capital Market
Fondul Proprietatea Swings to RON5B Profit in 2021
Fondul Proprietatea (FP.RO), an issuer with exposure to the strategically important companies of the Romanian economy, ended 2021 with RON5 hillion net profit, compared with a RON103 million...
Biofarm Sales Up 10% To RON239M, Net Profit Up 11% To RON60M YoY In 2021
Romanian pharmaceutical products manufacturer Biofarm (BIO.RO) on Monday said it ended 2021 with a turnover of RON239 million, up 10% on the year, and a net profit of RON60 million, up 11% f...
Romania’s Stock Exchanges Reaches 81,800 Investors at End-2021, Highest Since 2014
The Bucharest Stock Exchange at the end of December 2021 reached a number of 81,793 investors, up 24.6%, or 16,156 persons from 4Q/2020, in line with ZF calculations based on the latest data...
TTS Calls Shareholders to Approve RON30M Share Capital Increase
River shipping company Transport Trade Services (TTS.RO), an entrepreneurial business listed on the Bucharest Stock Exchange, is calling shareholders to approve a share capital increase of R...
1% in Digi Communications Change Hands for RON45M on Friday
A stake of 1% in Digi Communications (DIGI.RO), the largest telecommunications operator in Romania, changed hands in a RON45 million transaction on Friday, which translates into a price per...
MedLife’s Pro-Forma Turnover Overshoots EUR330M Mark in 2021
Private healthcare operator MedLife (M.RO) reported a pro-forma consolidated turnover of EUR332 million in 2021, up 51% year-on-year, and announced plans for acquisitions and growth of EUR12...
Romgaz Sees 44% Growth in Revenue and 52% Growth in Profit in 2021
Romgaz (SNG.RO), Romania’s natural gas producer and supplier and the largest state-run company listed on the Bucharest Stock Exchange, saw its revenue increase by 44% and net profit by 52% i...
BRD to Distribute RON1.7B as Extraordinary Dividends
France’s Société Générale, which owns 60.2% of lender, BRD, voted on Thursday to approve RON1.7 billion in dividends from 2019 and 2020 retained profits, or RON2.4164 per share, as an extrao...
Sphera Franchise Group Ends 2021 With Consolidated Sales Of Over RON1B, Up 41% YoY
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, ended 2021 with consolidated sales of over RON1 billion, up 41% on the year, with sales i...