Curs BNR — 12.11.2026 EUR 5,3459 USD 4,8155 GBP 6,3935

2016

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BRD Factoring Operations At EUR822M In 2016
Banks-Insurance

BRD Factoring Operations At EUR822M In 2016

Lender BRD ranked first on the factoring market last year, with a 20% market share and a turnover of EUR822 million, and with the highest volume registered for fast moving consumer goods, el...

Gabriela Stan · 28.03.2017 · 16:36 · 1 min
Retail&Consumer

Nestle Romania 2016 Sales Up 13% To RON764M

Nestle Romania, a major player on the local food products market, reported sales of over RON764 million in 2016, up 13% on the year, according to ZF calculations based on company data and Fi...

Gabriela Stan · 28.03.2017 · 13:54 · 1 min
Daimler Posts EUR410M Turnover In Romania In 2016
Automotive

Daimler Posts EUR410M Turnover In Romania In 2016

Star Transmission and Star Assembly, subsidiaries of German group Daimler in Romania, reported a turnover of EUR140 million in 2016, according to preliminary data, following investments of E...

Gabriela Stan · 27.03.2017 · 16:45 · 1 min
Transelectrica Proposes Dividends At 6% Or 7% Yield From 2016 Profit
Energy

Transelectrica Proposes Dividends At 6% Or 7% Yield From 2016 Profit

Romanian state-run power grid operator Transelectrica (TEL.RO) proposes the payment of gross dividends of RON1.881/share, at a 6% yield, or RON2.257/share, at a 6.6% yield, from last year’s...

Gabriela Stan · 24.03.2017 · 14:41 · 1 min
Turbomecanica Proposes Dividends At 7% Yield From 2016 Profit
Companies

Turbomecanica Proposes Dividends At 7% Yield From 2016 Profit

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) proposes the payment of gross dividends of RON0.0105/share from last year’s profit, totaling RON3.87 million, at a 7% yield, th...

Gabriela Stan · 24.03.2017 · 13:48 · 1 min
Smart Bill Posts Sales Of Over EUR1M In 2016
Technology &Telecoms

Smart Bill Posts Sales Of Over EUR1M In 2016

Smart Bill, provider of billing and management accounting solutions, reported a turnover of over EUR1 million in 2016, one year after the investments from Catalyst Romania and Gecad Group.

Gabriela Stan · 23.03.2017 · 12:59 · 1 min
Conpet Ploiesti Proposes Dividends At 17% Yield
Energy

Conpet Ploiesti Proposes Dividends At 17% Yield

State-run oil transporter Conpet Ploiesti (COTE.RO) proposed the payment of dividends worth RON70 million, namely 91% of last year’s profit, the company said in a statement to Bucharest Stoc...

Gabriela Stan · 22.03.2017 · 20:01 · 1 min
Transgaz Proposes Dividends At 7% Yield From 2016 Profit
Energy

Transgaz Proposes Dividends At 7% Yield From 2016 Profit

Romanian natural gas transmission company Transgaz (TGN.RO) plans to pay gross dividends of RON25.74 per share, at a 7% yield.

Gabriela Stan · 22.03.2017 · 19:42 · 1 min
ASF: Romanian Insurance Market Up 10% To RON10B In 2016
Banks-Insurance

ASF: Romanian Insurance Market Up 10% To RON10B In 2016

Romanian insurance market rose 10% on the year in 2016, to RON10.05 billion, according to official data provided by the Financial Supervisory Authority (ASF).

Gabriela Stan · 21.03.2017 · 18:41 · 1 min