Capital Market
TeraPlast Seeks EUR6M State Aid for Three Investments Totaling EUR15M
TeraPlast Group, one of the main players in the construction industry, seeks to attract over EUR6 million in state funding and will submit three investment projects totaling EUR15 million un...
Mandatory Private Pension Contributions Grow 11.86% in 1H, to RON3.83B
Contributions to the mandatory private pension pillar (Pillar II) totaled RON3.83 billion (EUR822.29 million) in the first half of the year, 11.86% higher compared with the same period a yea...
Fondul Proprietatea Still Seeks to Sell Stake in Hidroelectrica
Romanian investment fund Fondul Proprietatea (FP.RO) is still seeking to sell a stake of nearly 20% it holds in Romanian hydropower producer Hidroelectrica, fund representative Johan Meyer s...
Fondul Proprietatea Won't Contribute to Posta Romana Capital Hike
Investment fund Fondul Proprietatea (FP.RO) maintains its decision to not take part in a share capital increase for state-owned postal company Posta Romana and contests the hike, Johan Meyer...
Constanta Shipyard Posts Loss Of Over RON5M On Year In 1H/2018
Romanian ship repair and building company Constanta shipyard (SNC.RO) on Monday said it registered a loss of RON5.3 million in the first half of 2018, compared with a profit of RON4.6 millio...
Romcarbon Buzau Posts RON1.2M Profit in 1H vs RON2.5M Loss in 1H/2017
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) on Thursday reported consolidated revenues of RON128 million for the first half of the year, up 3%m, and a net profit of RON1.2 m...
Elvila Turnover Falls 10%, Loss Deepens 46% in 1H
Romanian furniture manufacturer Elvila (ELV.RO) on Thursday reported a turnover of RON24.25 million in the first half of the year, 10% lower than in the same period in 2017, while its net lo...
Net Assets of Investment Funds in Romania Down 6% in Jan-July, to RON24.8B
Net assets of the 199 open-ended and closed-ended investment funds in Romania, except the five SIFs and Fondul Proprietatea, stood aRON24.8 billion (EUR5.4 billion) at the end of July, down...
SIFs Net Assets Reach RON8.57B End-July
The total net assets of Romania’s five regional investment funds, or SIFs, reached RON8.57 billion at the end of July, up 1.3% on the month, according to the Association of Fund Administrato...