1H
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EY: Romanian M&A Market Down 50% In 1H/2016
The Romanian M&A market size has decreased by nearly 50% in the first six months of 2016, to $1.1 billion, from $2.1 billion in the year-earlier period, according to EY M&A Barometer.
Loans Granted By NBFIs Up 8.6% In 1H/2016
Loans granted by non-banking financial institutions (NBFIs) included in the central bank's general registry reached RON23 billion (EUR5.2 billion) at the end of June 2016, up by RON1.8 billi...
Caroli Sales Up 34% To RON229M In 1H/2016
Caroli Foods Group, one of the largest local processed meats producers in Romania, reported a turnover of RON229 million in the first six months of 2016, up 34% verus the year-earlier period...
Agrana Romania Posts RON1.6M Losses In 1H/2016
Sugar producer Agrana Romania (BETA.RO) reported losses of RON1.6 million in the first six months of 2016, versus losses of RON13 million in the year-earlier period, the company said in a st...
Intermedicas Eyes RON1.7M Turnover In 2016
Intermedicas, a medical second opinion provider in Romania or abroad, estimates a turnover of RON1.7 million in 2016, up 50% on the year, after a 40% sales increase in the first six months o...
Bucharest Stock Exchange Transactions Down 28% In 1H
The total value of transactions on Bucharest Stock Exchange fell 28% on the year in the first six months, to RON4.88 billion, on the backdrop of a 92% decrease in bond trades and the halving...
BRD Sogelease Financing Doubles To EUR73M In 1H/2016
BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, granted financing of EUR73.6 million in the first six months of 2016, double versus the year-earlier p...
Garanti Bank Switches To RON23M Losses In 1H/2016
Garanti Bank reported net losses of RON23 million in the first half of the year, versus RON50 million profit in the year-earlier period due to the absorbing of prudential requirements relate...
Doncafé Heading Towards RON300M Turnover
Strauss Romania, the producer of coffee brands Doncafe and Fort, reported 5.7% higher sales in the first six months of 2016, to over RON135 million.