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Banca Transilvania Plans to Distribute 60% of 2019 Profit as Cash Dividends
Banks-Insurance

Banca Transilvania Plans to Distribute 60% of 2019 Profit as Cash Dividends

Banca Transilvania (TLV.RO), Romania's largest lender by assets, said in its preliminary earnings report released Thursday it plans to distribute 60% of its 2019 net profit of RON1.62 billio...

Oana Gavrila · 27.02.2020 · 10:12 · 1 min
Coronavirus Wipes Off RON7.8B Of Romanian Stock Market Capitalization In Three Days
Capital Market

Coronavirus Wipes Off RON7.8B Of Romanian Stock Market Capitalization In Three Days

Bucharest Stock Exchange (BVB.RO), the operator of the local capital market, has lost 3.9% since the beginning of the week, as seen in the performance of the main index BET and of the divide...

Loredana Frățilă-Cristescu · 27.02.2020 · 09:02 · 1 min
Banca Transilvania Net Profit Grows 33% in 2019, to RON1.6B
Banks-Insurance

Banca Transilvania Net Profit Grows 33% in 2019, to RON1.6B

Banca Transilvania (TLV.RO), Romania's largest lender by assets, said Thursday it had a net profit of RON1.6 billion in 2019, up 33% on the year, while revenues grew 12.17%, to RON4.03 billi...

Oana Gavrila · 27.02.2020 · 08:40 · 1 min
Nuclearelectrica Posts 31% Growth in Net Profit in 2019, to RON540M
Energy

Nuclearelectrica Posts 31% Growth in Net Profit in 2019, to RON540M

Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Wednesday reported 31% growth in net profit for 2019, to RON540 million.

Oana Gavrila · 26.02.2020 · 10:00 · 1 min
Gastronom Buzau, Held By SIF Transilvania, Plans To Pay RON2.5M Dividends At 14.3% Yield
Real Estate

Gastronom Buzau, Held By SIF Transilvania, Plans To Pay RON2.5M Dividends At 14.3% Yield

The sole administrator of Gastronom Buzau (GAOY.RO), a company specialized in leasing and subleasing real estate, respectively, Diana Veres, Chairwoman of the Executive Board, has called a s...

Ecaterina Craciun · 25.02.2020 · 17:13 · 1 min
Nuclearelectrica Increases Share Capital By RON1.4M Via Contribution In Kind And In Cash
Energy

Nuclearelectrica Increases Share Capital By RON1.4M Via Contribution In Kind And In Cash

Shareholders of Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) have approved a decision to increase the company’s share capital through contribution in kind and in cas...

Ecaterina Craciun · 25.02.2020 · 15:17 · 1 min
Ropharma Borrows EUR2M from ING Bank to Refinance Hospital in Brasov
Companies

Ropharma Borrows EUR2M from ING Bank to Refinance Hospital in Brasov

Ropharma (simbol bursier RPH.RO), owned by Mihai Miron, and group companies Ropharma Logistic, Teo Health, Bioef and Aesculap Prod will borrow EUR2 million from ING Bank to refinance an inve...

Oana Gavrila · 25.02.2020 · 13:22 · 1 min
SIF Oltenia Net Profit Grows 29% in 2019, to RON124M
Capital Market

SIF Oltenia Net Profit Grows 29% in 2019, to RON124M

Regional investment fund SIF Oltenia (SIF5.RO) reported Tuesday total revenues of RON156.6 million for 2019, up26% on the year, and a net profit growth of 29%, to RON124 million.

Oana Gavrila · 25.02.2020 · 10:23 · 1 min
Romgaz Net Profit Grows 4.5% in 2019, to RON1.43B
Energy

Romgaz Net Profit Grows 4.5% in 2019, to RON1.43B

Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) on Tuesday said its consolidated turnover grew 1.5% on the year in 2019, to RON5.1 billion, and its net profit grew 4.5%, to...

Oana Gavrila · 25.02.2020 · 10:14 · 1 min