Capital Market
Fondul Proprietatea Posts RON726M Net Loss In Jan-Sept 2020 Vs RON1.9B Profit In Year-Earlier Period
Romanian investment fund Fondul Proprietatea (FP.RO) ended the first nine months of 2020 with a net loss of RON726 million, compared with a profit of RON1.9 billion in the year-earlier perio...
Hidroelectrica Net Profit Drops 4%, to RON1.26B in Jan-Sept
Romanian state-owned power producer Hidroelectrica, the most profitable state-run company in Romania, ended the first nine months of 2020 with a turnover of RON2.8 billion, down 16% on the y...
MedLife Share Capital Hike Plans Drive Stock Prices Up 18% Monday
MedLife (M.RO), the leader of the private medical services market in Romania, summoned shareholders for Dec 15 to approve raising the company's share capital from RON5.5 million to around RO...
TeraPlast Group Builds EUR10M Factory
TeraPlast Group (TRP.RO), the largest Romanian construction materials manufacturer, will build a new factory within the TeraPlast Industrial Park in Saratel, Bistrita-Nasaud county, a projec...
Purcari Revenue Improves in 3Q, Profit Drops 18%, to RON10M
Winemaker Purcari Wineries (WINE.RO) reported revenues of RON53.4 million for the third quarter, up 5% on the year, and a net profit of RON10 million, down 18%.
Rompetrol Rafinare Posts $156.2M Loss in Jan-Sept
Rompetrol Rafinare (RRC.RO), part of KMG International and 44.6% owned by the Romanian state, on Friday reported a net loss of $156.2 million for the first nine months of 2020, compared with...
Investors Bought RON0.5B Worth of Govt Bonds in First Week
Individual investors bought RON500 million worth of Fidelis government bonds for the general population in the first week of the offer running until November 27, brokers' data showed.
Transelectrica Net Profit Doubles in Jan-Sept, to RON152M
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday reported a net profit of RON152 million for the first nine months of 2020, double compared with the same period las...
Transgaz Net Profit Drops 9% YoY To RON224.7M In Jan-Sept 2020
Romania's natural gas transmission company Transgaz (TGN.RO) ended the first nine months of 2020 with a net profit of RON224.7 million, down 9% on the year, per its quarterly report released...