Capital Market
Aerostar Bacau 9-Month Net Profit Drops 39% YoY To RON42.4M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) on Friday said it ended the first nine months of 2019 with a net profit of RON42.4 million, down 39.2% on the year, and...
Bucur Obor 9-Month Net Profit Up 17% YoY To RON9.8M
Bucur Obor company (BUCU.RO), which owns Bucur Obor shopping center in Bucharest, reported a 17% higher net profit, of RON9.8 million, and a 1% higher turnover, of RON24.4 million, year-over...
International Investment Bank Raises RON500M in 3-Year Bond Issue
International Investment Bank (IIB) has recently attracted a new round of financing on the Bucharest Stock Exchange for the fifth year in a row. The bank listed three-year bonds on Thursday.
BRD Posts RON1.2B Net Profit in Jan-Sept
BRD SocGen, the third largest bank in Romania by assets, said Wednesday it recorded a net profit of RON1.2 billion in the first nine months of 2019, up 11% on the year, and its net banking i...
Romanian Stock Exchange Second Leading in Europe in 2019 Despite 40% Yield
The Bucharest Stock Exchange is the second top performing in the European Union, even with a yield of 40% in the first ten months of 2019, enough to stir envy among much more developed capit...
MedLife Acquires Micromedica Medical Center
MedLife Medical System, the leader of the private medical services market in Romania, announced Tuesday it has acquired 100% of Micromedica Medical Center, one of the most important provider...
Bucharest Stock Exchange Introduces Volatility Interruption Mechanism
The Bucharest Stock Exchange will apply a volatility interruption mechanism as of December 2 to prevent artificial disturbances of the market price, the stock market operator said Monday.
Software Company Life is Hard Profit Grows 67% in Jan-Sept Despite 8% Lower Sales
Cluj-based software company Life is Hard (LIH.RO) posted a net profit of RON643,511 for the first nine months, up 67.4% on the year, while its turnover dropped 8.1%, to RON3.4 million.
SIF Moldova Profit Grows 81%, to RON112.8M in Jan-Sept
Regional investment fund SIF Moldova (SIF2.RO), with stakes in Banca Transilvania, Romgaz and Transgaz, Reported on Thursday a net profit of RON112.8 million for the first nine months, up 81...