Capital Market
Rompetrol Rafinare Completes $1.4M Investment at Petromidia
Rompetrol Rafinare, a member company of KMG International, has completed a new investment project to increase the degree of crude oil processing and optimize operational flows.
Agroland Turnover Grows 18% in 1H/2020, to EUR25.5M
Agroland Business System, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, posted a turnover of EUR25.5 million in the first half of...
OMV Petrom Profit Halves in 1H/2020, to RON867M
OMV Petrom (SNP.RO), the biggest company listed on the Bucharest stock market, reported a net profit of RON867 million for the first half of 2020, down 56% on the year.
Furniture Retailer Serico Raises Share Capital to RON3.86M
Local furniture retailer Serico (SERC.RO) said Tuesday in a stock market report it raised its share capital from RON1.37 million to RON3.86 million.
TeraPlast Profit Doubles in 1H/2020 to RON29.5M
TeraPlast Group (TRP.RO), the largest Romanian construction materials manufacturer, reported a net profit of RON29.5 million for the first half of 2020, double compared with the same period...
Agroland Profit Drops 40% in 2019 Due to Expansion Investments
Agroland Business System, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, had a turnover of RON133.6 million in 2019, down 1.8% on t...
TeraPlast Group To Sell Steel Division to Kingspan
TeraPlast Group, the largest Romanian producer of construction materials, with a turnover of nearly RON1 billion in 2019, has signed an agreement to sell its steel division to Ireland's King...
iHunt Technology Calls Shareholders To Approve RON7M Bond Financing
Ploiesti-based iHunt Technology (HUNT.RO), a producer and supplier of mobile phones and hi-tech gadgets, is summoning its shareholders on August 27 to approve the launch of an issue of unsec...
Libra Internet Bank Bonds Cleared to Trade on Bucharest Stock Market
Lender Libra Internet Bank has received financial watchdog approval for its bonds to be admitted to trading on the Bucharest Stock Exchange, the financial supervision authority said Wednesda...