Capital Market
Oil Terminal 9-Month Net Profit Nearly Fourfold Higher YoY To RON8M
Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Wednesday said it ended the first nine months of 2019 with a turnover of RON125 million, up 20% on the year, and a n...
Sphera Franchise Group 9-Month Consolidated Sales Grow 26% YoY To RON694M
Sphera Franchise Group, which holds the franchises of KFC, Pizza Hut and Taco Bell brands on the Romanian market, and the KFC franchise in some areas in Italy and Moldova, said Wednesday its...
ALRO 9-Month Consolidated Turnover Down 6% YoY To RON2.16B
Alro Slatina , one of Europe’s largest vertically integrated aluminium producers, by capacity, on Wednesday said it registered a consolidated turnover of RON2.1 billion in January-September...
Future Retirees of Romania Have RON1B Invested in Adidas, Philips, Renault and Louis Vuitton
The future retirees of Romania, whose pension money is now managed by Pillar II private pension funds, have investments in such companies as Adidas, Daimler, Louis Vuitton, Inditex, Volkswag...
Nuclearelectrica Seeks to Pay Dividends of RON513M
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) has summoned a shareholders assembly on Dec 19 to approve the distribution of nearly RON513 million as dividends.
Atelierele CFR Grivita Seeks to Sell 7,500 Sqm Land
Rolling stock maker Atelierele CFR Grivita (ATRD.RO) has summoned shareholders for Dec 9 to approve the sale and to set a minimum sale price for a 7,500 sqm plot of land and constructions of...
TMK-Artrom Slatina 9-Month Profit Plunges 88% YoY To RON7.8M
Industrial pipe manufacturer TMK-Artrom Slatina (ART.RO) on Tuesday said it ended the first nine months of 2019 with revenue of RON917 million, down 19.7% year-over-year, and its profit plun...
Bucharest Stock Exchange Group Posts 18% Lower Profit, Of RON6.69M, YoY In Jan-Sept 2019
The Bucharest Stock Exchange (BVB) Group, which operates the Romanian capital market, reported a profit of RON6.69 million in January-September 2019, down 18% year-over-year, and operating r...
Rent-A-Car Company Autonom Raises EUR20M at 4.45% per Annum from Investors
Rent-a-car company Autonom Services has completed its first bond issue in a EUR20 million private placement with a five-year maturity and 4.45% coupon payable annually, which is one of the b...