Capital Market
Software Company Life is Hard Profit Drops 21% in 2020, to RON1.1M
Romanian software developer Life is Hard (LIH.RO) reported a net profit of RON1.12 million for 2020, down 21.13% compared with 2019.
Bittnet Systems Closes Share Capital Increase Operation; Raises RON10.7M Financing
Bittnet Systems (BNET.RO), a local integrator of IT&C solutions and provider of training services in the IT sector, announced Tuesday on the stock market the early close of Stage 2 (private...
SIF Moldova Gets Financial Watchdog’s Approval To Change Name To Evergent Investments
Regional investment fund SIF Moldova (SIF2.RO) has received the approval of Romania’s Financial Supervisory Authority (ASF) to change its name to Evergent Investments, a measure proposed and...
Promateris Sales Grow 39% YoY To RON116M In 2020
Packaging manufacturer Promateris (PPL.RO), formerly known as Prodplast and held by businessman Florin Pogonaru, ended 2020 with consolidated sales of RON116.1 million, up 39% from 2019, an...
Vrancart Adjud Ends 2020 With RON18.4M Net Profit, RON285.6M Revenue
Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, ended 2020 with a net profit of RON18.4 million, down 44.5% from 2019, a...
Agroland Timisoara Starts as RON250M Company on Bucharest Stock Exchange
Agroland Timisoara (AG.RO), the Romanian company with the largest network of agricultural stores in Romania, was listed on the Bucharest Stock Exchange (BVB) on March 1, 2021 and closed at R...
Cocor Bucuresti 2020 Net Profit Plunges 74% YoY To RON1.4M
Cocor Bucuresti (COCR.RO), which owns the Cocor shopping center in downtown Bucharest, ended 2020 with a net profit of RON1.4 million, down 74% from 2019, and a turnover of RON10.4 million,...
Bittnet Operating Profit Grows 400% in 2020, to RON4.3M
Bittnet (BNET.RO), a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, reported RON108.6 million consolidated revenues in 2020 and an operating profit of RON4....
Holde Agri Invest Posts RON5.3M Net Profit in 2020
Holde Agri Invest (HAI.RO), a Romanian company operating farmland, on Monday reported consolidated revenue of RON46.8 million and a net profit of RON5.3 million for 2020.