Capital Market
Fondul Proprietatea Disposed Of Its Holding In BRD For RON201M In 1H/2019
Investment fund Fondul Proprietatea (FP.RO) has disposed of its 2.4% stake in BRD – Groupe Societe Generale, for RON201 million, the company said Friday in its half-year report.
IAR Brasov 1H Net Profit Nearly Triples YoY To RON39M
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) on Friday said it registered a net profit of RON38.9 million in the first half of 2019, nearly threefold highe...
Purcari Wineries Group 1H Revenue Up 25% YoY To RON88M, Net Profit Up 7% To RON17M
Purcari Wineries Group ended the first half of 2019 with revenue of RON87.7 million, up 25% year-over-year, and a net profit of RON17.1 million, up 7% compared with the year-earlier period.
Aerostar Bacau 1H Net Profit Drops 37% YoY To RON28M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) on Friday said it registered a net profit of RON28.4 million in January-June 2019, down 37.4% year-over-year, and a tur...
Jacobs Coffee Importer Cut Loss By 38% To RON1.2M In 2018
Jacobs Douwe Egberts Ro, the Romanian division of the same-name group, ended 2018 with a turnover of RON378.6 million (EUR81 million), up 7% versus 2017, according to Finance Ministry data.
Romgaz Summons Shareholders To Vote On Acquiring 20% Stake In Greek Firm Gastrade
Romgaz (SNG.RO), one of the largest two natural gas producers in Romania and the only one controlled by the state, has summoned its shareholders for September 25, 2019 to vote on the acquisi...
Transelectrica Net Profit Drops 69% in 1H, to RON30M
Romanian state-run power grid operator Transelectrica (TEL.RO) on Wednesday reported a net profit of RON30 million for the first half of the year, down 69% on the year, while revenues declin...
Biofarm Investments Exceed RON10M In January-June 2019
Romanian pharmaceutical producer Biofarm (BIO.RO) on Wednesday reported sales revenue of RON97.2 million in the first half of 2019, up 17% from the year-earlier period.
SIF Oltenia Net Profit Soars 62% YoY To RON114M In 1H/2019
Regional investment fund SIF Oltenia (SIF5.RO) on Wednesday said its net profit soared 62% year-over-year, to RON114 million, in the first half of 2019, and its total revenue grew 58% to RON...