Capital Market
Romgaz Consolidated Net Profit Falls 19% To RON464M, Turnover Drops 7.2% To RON1.32B YoY In 1Q/2021
Romanian state-owned natural gas producer Romgaz (SNG.RO) on Friday said it ended the first three months of 2021 with a consolidated net profit of RON464 million, down 19% on the year, and a...
Transgaz Consolidated Net Profit Drops 23% YoY To RON154M In 1Q/2021
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) on Friday said it ended the first quarter of 2021 with a consolidated net profit of RON154 million, down 23% on the ye...
Transelectrica Total Revenue Grows 20% To RON726M, Net Profit Rises 6% To Nearly RON82M In 1Q/2021
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said it ended the first quarter of 2021 with total revenue of RON726 million, 20% higher than in the same period in...
Electrica Group Net Profit Drops Nearly 28% YoY To RON57.9M In 1Q/2021
Romanian state-owned energy utility group Electrica (EL.RO) on Friday said it ended the first three months of 2021 with a net profit of RON57.9 million, down 27.7% from the year-earlier peri...
Agroland Appoints Adrian Hutiu as New COO
Agroland (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has appointed Adrian Hutiu as Chief Operating Officer.
Paul Prodan Elected President Of SIF Transilvania Supervisory Board
Paul Prodan, president of BT Capital Partners – the financial services division of Banca Transilvania Group, has been elected President of the Supervisory Board of regional investment fund S...
Bucharest Stock Exchange Group Net Profit Plunges 54% YoY To RON2.03M In 1Q/2021
The Bucharest Stock Exchange Group (BVB.RO), which operates the Romanian capital market, reported a net profit of RON2.03 million in the first quarter of 2021, down 54% from the same period...
Libra Internet Bank Seeks To Issue Corporate Bonds of Maximum EUR40M
Lender Libra Internet Bank plans to issue corporate bonds totaling up to EUR40 million, with fixed or variable interest, its shareholders decided in a general meeting on April 16.
Antibiotice Iasi 1Q Sales Drop 10% To RON66M, Net Profit Of RON4.03M, Close To Level In Year-Earlier Period
Antibiotice Iasi (ATB.RO), the largest Romanian-held pharmaceutical producer, on Wednesday reported sales of RON66.1 million for the first quarter of 2021, down 10.2% on the year, and a net...