Capital Market
Cemacon Net Profit Grows 43% in 2018, to RON19M
Romanian brick maker Cemacon (CEON.RO), held by the Paval brothers, the owners of DIY retailer Dedeman, on Thursday said its net profit grew 43% in 2018, to RON19 million.
Impact Net Profit Declines 60% in 2018, to RON20.7M
Real estate developer Impact Developer & Contractor (IMP.RO) on Thursday reported a net profit of RON20.7 million in 2018, 60.4% lower compared with 2017.
Zentiva Net Profit Nearly Triples in 2018, to RON247M
Generics manufacturer Zentiva on Thursday reported a net profit of RON247 million for 2018, nearly triple compared with a profit of RON86 million in 2017.
Norway’s Sovereign Wealth Fund Boosted Its Holdings In Banca Transilvania, BRD, Digi In 2018
Norway's sovereign wealth fund, which manages assets worth nearly $1,000 billion, increased its holding in lender Banca Transilvania, to 1.13% from 0.78%, throughout 2018, and re-entered the...
Prefab Posts 70% Growth in Net Profit in 2018, to RON2.2M
Construction materials manufacturer Prefab Bucuresti (PREH.RO) posted a growth of nearly 70% in net profit in 2018, to RON2.2 million from RON1.3 million in 2017, the company said Wednesday.
Pillar II Pension Funds Had Average Annualized Yields of 8.03% in Ten Years
Mandatory private pension funds in Romania (Pillar II) had a total yield of 127.1% between 2008 and 2018, meaning an average annualized yield of 8.03% throughout the existence of this pensio...
TeraPlast Group Sales Grow 91% in 2018, to RON805M
Building materials manufacturer TeraPlast Group said Tuesday its turnover increased 91% in 2018, to RON804.9 million, due to the accelerated development of its steel division, expansion to S...
Entrepreneurs: Bucharest Stock Exchange an Important Pillar for Development of Romania’s Capital Market and Economy
The Bucharest Stock Exchange is an important pillar for the development of the Romanian capital and the Pillar II private pension managers, which are considered natural buyers in the initial...
Amonil Slobozia Goes Bankrupt
Energy producer Amonil Slobozia (AMO.RO) enters bankruptcy after the Ialomita Court approved Friday the request of judicial administrator Expert Insolvență S.P.R.L. - Filiala Bucuresti, the...