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Alro Slatina Reconfirms Genoveva Nastase as CFO
Companies

Alro Slatina Reconfirms Genoveva Nastase as CFO

Shareholders of aluminum producer Alro Slatina (ALR.RO) onm Monday reconfirmed Genoveva Nastase in the position of company financial manager for a new four-year mandate, the company said in...

Oana Gavrila · 15.02.2021 · 14:19 · 1 min
Pillar II Pension Fund Assets Grow by RON3B in January
Banks-Insurance

Pillar II Pension Fund Assets Grow by RON3B in January

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON78.2 billion at the end of January, RON3 billion higher compared with the en...

Oana Gavrila · 15.02.2021 · 12:42 · 1 min
TeraPlast Cashes in on Steel Division Sale on Feb 26
Companies

TeraPlast Cashes in on Steel Division Sale on Feb 26

Romanian construction material producer TeraPlast said Monday it will close the sale of its steel division to Kingspan Group on February 26 after clearing the last competition hurdle.

Oana Gavrila · 15.02.2021 · 12:28 · 1 min
iHunt Profit Grows Ten Times in 2020, to RON6M
Companies

iHunt Profit Grows Ten Times in 2020, to RON6M

Online retailer and manufacturer of mobile phones and gadgets iHunt Ploiesti (HUNT.RO) on Monday reported a net profit of RON6.15 million for 2020, nearly ten times higher compared with 2019...

Oana Gavrila · 15.02.2021 · 11:18 · 1 min
2Performant Seeks to Raise RON5M Financing
Companies

2Performant Seeks to Raise RON5M Financing

Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, seeks to raise RON5 million from investors and/or by contracting credit facili...

Oana Gavrila · 15.02.2021 · 10:59 · 1 min
Transelectrica Net Profit Grows 18% in 2020, to RON114M
Companies

Transelectrica Net Profit Grows 18% in 2020, to RON114M

Romanian state-owned power grid operator Transelectrica (TEL.RO) on Monday reported a net profit of RON114 million for 2020, up 18% on the year.

Oana Gavrila · 15.02.2021 · 09:57 · 1 min
Financial Regulator Registers MedLife Share Capital Increase
Companies

Financial Regulator Registers MedLife Share Capital Increase

Romania's financial supervisory authority has registered the securities related to the share capital increase of MedLife (M.RO), the leader of the private medical services market in Romania,...

Oana Gavrila · 12.02.2021 · 16:30 · 1 min
Oil Terminal Profit Grows 48% in 2020, to RON3.55M
Capital Market

Oil Terminal Profit Grows 48% in 2020, to RON3.55M

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Friday reported a net profit of RON3.55 million for 2020, up 47.8% compared with 2019.

Oana Gavrila · 12.02.2021 · 12:44 · 1 min
iHunt Lists RON7M Bond Issue on Bucharest Stock Exchange
Capital Market

iHunt Lists RON7M Bond Issue on Bucharest Stock Exchange

Online retailer and manufacturer of mobile phones and gadgets iHUNT (HUNT.RO) on Friday listed its first corporate bond issue on the Bucharest Stock Exchange under the ticker symbol HUNT23.

Oana Gavrila · 12.02.2021 · 11:25 · 1 min