Capital Market
Video Games Developer Firebyte Games Starts Private Placement on Feb 15
Video games developer Firebyte Games held by Cluj-based brokerage firm BRK is starting its private placement on Monday, February 15, to raise funds for development from investors, after whic...
MAM Bricolaj Seeks Shareholder Approval to Buy Two Land Plots for EUR1.35M
MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, seeks to buy two plots of land located in Bucharest for EUR1.35 million.
BRD Net Profit Declines 37% in 2020, to RON951.5M
BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets, on Wednesday reported a net profit of RON951.5 million for 2020, down 37% on the year.
Bucharest Stock Market Indices Outgrow 2020 Performance in January Alone
The Bucharest Stock Exchange (BVB) kickstarted 2021 with all stock indices in positive territory, as the Romanian capital market posted significant growth that topped in one month the level...
IIB Net Profit Grows 28% in 2020, to EUR7.3M
International Investment Bank (IIB), founded in 1970 in Budapest and 6.8% owned by Romania, reported a net profit of EUR7.3 million in 2020, up 28% from EUR5.6 million in 2019, the bank said...
Impact Signs Two Loan Agreements with First Bank to Fund Construction, VAT Costs
Romanian real estate developer Impact (IMP.RO) said Monday it has signed two mortgage loan agreements with lender First Bank, consisting of EUR5.92 million for properties and RON4.5 million...
Conpet Ploiesti Appoints Dorin Tudora As Provisional CEO, Starts Procedures To Select New CEO
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) said Friday in a stock market announcement that it appointed Dorin Tudora to the position of provisional Chief Executive Officer,...
Real Estate Developer Impact Appoints Constantin Sebesanu as Development Director
Real estate developer Impact (IMP.RO), owned by businessman Gheorghe Iaciu, said Thursday it has appointed Constantin (Tinu) Sebesanu to the position of development director.
Restart Energy Raises RON16.3M Via Green Bond Sale
Restart Energy, an independent electricity and natural gas supplier, has obtained financing of RON16.3 million following an Offer of green bonds carried out between January 20 and February 3...