Capital Market
Romcarbon Mures Ends 1Q/2019 With RON626,000 Loss, RON48M Turnover
Insolvent Romcarbon Mures (MCAB.RO) registered a turnover of RON48.3 million in the first quarter of 2019, down 1% from the same period in 2018, and a loss of RON626,762, compared to a profi...
Nuclearelectrica Reports 23% Higher Net Profit, Of RON219M, YoY In 1Q/2019
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) registered a net profit of RON219.2 million in the first quarter of 2019, up 23% versus the year-earlier period, and to...
Nuclearelectrica Denies Additional Dividends to Romanian Government
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) said Monday it was not in a position to pay the government additional dividends from its reserves.
Pillar II Pension Funds Increased Exposure to Romanian Stocks by RON300M in H2, 2018
The managers of the Pillar II pension funds with 51 billion lei (over EUR10 billion) assets and 7.3 million members have increased their exposure to the Romanian stock market by 4.2% to RON7...
SIF Oltenia Approves Changes To Its Articles Of Incorporation, Cut In Number Of Executive Board Members
Shareholders of regional investment fund SIF Oltenia (SIF5.RO) approved within the Extraordinary General Meeting of May 9, 2019 changes to the company’s articles of incorporation and a reduc...
Aerostar Bacau 1Q Net Profit Drops 22%, to RON16.4M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) on Friday reported a net profit of RON16.4 million for the first quarter of 2019, down 22% compared with the first quar...
NN Group Reaches 5.07% Stake in Sphera Franchise Group
Dutch-held NN Group has reached a stake of 5.07% in Sphera Franchise Group, which manages over 100 restaurants under the KFC, Pizza Hut and Taco Bell brands, after acquiring shares on the Bu...
Banca Transilvania Financial Group Posts RON507.46M Net Profit in 1Q/2019
Banca Transilvania Financial Group reported a net profit of RON507.46 million and assets totaling RON79.7 billion in the first quarter of 2019, the group said in its consolidated earnings re...
Government Claims 35% of Nuclearelectrica's Reserves
The Romanian government has required state-owned nuclear power company Nuclearelectrica to give it 35% of the amounts set as other reserves either as dividends or payments to the state budge...