Capital Market
Teraplast Closes Acquisition Of 70% In Croatia’s Optiplast
TeraPlast (TRP.RO), the largest polymer processor in Southeast Europe, has notified shareholders and investors of having closed the acquisition of Optiplast d.o.o, following shareholder appr...
Sinteza SA Oradea Signs Agreement With Lockheed Martin For Production Of Long-Term Storage Batteries In Romania
Sinteza SA Oradea (STZ.RO), one of the largest local chemical companies, has signed a letter of intent with the US company Lockheed Martin to license the GridStar® Flow technology for the pr...
Romgaz Lists Its First Bonds Worth EUR500M At Bucharest Stock Exchange
Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) is listing its first corporate bonds worth EUR500 million, at the Bucharest Stock Exchange (BVB) on Nov 19.
Real Estate Developer NUSCO To Issue Bonds Traded On Bucharest Stock Exchange
The shareholders of real estate developer NUSCO at the beginning of this month approved the first project to raise funding via the capital market in Romania and the start of the relationship...
Fondul Proprietatea Makes RON210M Net Profit In Jan-Sep 2024
Fondul Proprietatea (FP.RO) ended the first nine months of 2024 with RON209.6 million net profit, compared with a loss of RON968.9 million in the year-ago period. Gross dividend income stood...
Compa Sibiu Profit Halves To RON5M, Revenue Down 20% In 9M 2024
Auto parts maker Compa Sibiu (CMP.RO) posted net profit of just over RON5 million in January-September 2024, down to half of the year-ago period’s level.
THR Marea Neagra Posts RON9.1M Net Profit, RON23M Revenue In 9M 2024
THR Marea Neagra (EFO.RO), which manages several hotels on the Romanian Black Sea coast, posted RON9.1 million net profit in the first nine months of 2024, half as much as in the year-ago pe...
Banca Transilvania’s Long-Term Deposit And Issuer Rating Outlook From Moody’s Changed From Stable To Positive
Moody's Ratings has today affirmed the Baa2 long- and short-term deposit ratings and the Baa3 long- and short-term issuer ratings of Banca Transilvania S.A. (TLV.RO). The outlook on the long...
Purcari Group Posts 4% Growth In Revenue To RON262M In Jan-Sep 2024
Winemaker Purcari (WINE) posted RON262 million revenue in the first nine months of 2024, an increase of 4% year-on-year, while the net profit went down 1% to RON43.3 million, the group said...