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Deloitte: Private Equity Firms In Central Europe Say 2024 Is A Good Year For Investments
Companies

Deloitte: Private Equity Firms In Central Europe Say 2024 Is A Good Year For Investments

Private equity (PE) firms in Central Europe (CE) are overwhelmingly confident that 2024 will be a good year for investments, according to 84% of the participants to the latest Deloitte CE Pr...

Ecaterina Craciun · 12.08.2024 · 14:35 · 2 min
Simtel Team Debuts On Main Market Of Bucharest Stock Exchange On August 12
Capital Market

Simtel Team Debuts On Main Market Of Bucharest Stock Exchange On August 12

Simtel Team, the national technology and engineering group in the field of renewable energy, on August 12 debuted on the Main Market of the Bucharest Stock Exchange under the stock ticker SM...

Ecaterina Craciun · 12.08.2024 · 13:59 · 4 min
Aro-Palace's Net Profit Surges 25% YoY To RON1.06M In H1/2024
Companies

Aro-Palace's Net Profit Surges 25% YoY To RON1.06M In H1/2024

Hotel company Aro-Palace (stock symbol: ARO) reported net profit of RON1.06 million for January-June 2024, up 25% from the same period of 2023, as per its half-yearly financial report publis...

Ecaterina Craciun · 12.08.2024 · 13:51 · 1 min
Turism Felix Reports RON14.9M Loss For H1/2024
Companies

Turism Felix Reports RON14.9M Loss For H1/2024

Turism Felix (TUFE.RO, which manages five hotels in Baile Felix, Bihor County, recorded loss of RON14.9 million in the first half of 2024, up nearly 119% from the level reported in the same...

Ecaterina Craciun · 12.08.2024 · 12:38 · 1 min
Oil Terminal's Net Profit Surges 43% YoY To RON36M In H1/2024
Companies

Oil Terminal's Net Profit Surges 43% YoY To RON36M In H1/2024

Romanian state-run port operator Oil Terminal (OIL.RO) saw its net profit surging 43% in the first half of 2024 compared with the year-earlier period, to roughly RON36 million, and its turno...

Ecaterina Craciun · 12.08.2024 · 12:01 · 1 min
Sweden's Syntronic Opens Site In Romania, In Timisoara
Companies

Sweden's Syntronic Opens Site In Romania, In Timisoara

Sweden's Syntronic, a leading design house specializing in advanced product and systems development, production, and aftermarket services, has opened a site in Romania, in Timisoara, and the...

Ecaterina Craciun · 12.08.2024 · 11:39 · 1 min
Bucur SA Bucuresti Sells Property In Bucharest For EUR4.4M
Companies

Bucur SA Bucuresti Sells Property In Bucharest For EUR4.4M

Bucur SA Bucuresti (stock symbol: BUCV), a company engrossed in selling food products, spirits and coffee, and in property lease, has informed the stock market on August 9 about the signing...

Ecaterina Craciun · 09.08.2024 · 21:47 · 1 min
Lion Capital Buys RON20M Worth Of Shares In Grand Hotel Bucharest; Boosts Its Holding To Over 40%
Capital Market

Lion Capital Buys RON20M Worth Of Shares In Grand Hotel Bucharest; Boosts Its Holding To Over 40%

Alternative investment fund Lion Capital (stock symbol: LION) acquired a package of 83.35 million shares in Grand Hotel Bucharest (RCHI) on July 31, representing 10% of the share capital of...

Ecaterina Craciun · 09.08.2024 · 20:23 · 1 min
Marius Moldovan Officially Takes Over As Executive President Of Transilvania Investments Alliance
Companies

Marius Moldovan Officially Takes Over As Executive President Of Transilvania Investments Alliance

Transilvania Investments Alliance (stock symbol: TRANSI), one of the five financial investment companies at the Bucharest Stock Exchange, with assets worth over RON2 billion, has announced i...

Ecaterina Craciun · 09.08.2024 · 19:54 · 2 min