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Romania Pillar II Private Pension Funds End 2025 with Record Results
The seven mandatory private pensions (Pillar 2), which have 8.4 million contributors, in 2025 registered a 19.2% average yield, the best annual result in the almost 18-year history of the system, in line with calculations by the Romanian Association for Privat...
Simtel Team Revenue Triples To RON213M In Jan-Sep 2023
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a leading renewable energy business in the country, posted...
Bucur Obor Posts RON16.5M Net Profit In Jan-Sep
Bucur Obor (BUCU.RO), which manages the shopping center by the same name in Bucharest, posted RON16.5 million net profit in January-September 2023, 11.6% higher than in the year-ago period,...
Delaco Distribution Posts 25.5% Growth In Revenue To RON559.3M In 2022
Delaco Distribution, owned by the France’s Savencia Fromage & Dairy Group, posted RON559.3 million (EUR113.4 million) revenue in 2022, up 25.5% from the previous year’s RON445.7 million (EUR...
BRK Financial Group Losses Narrow in H1
BRK Financial Group (BRK.RO), the only stockbroker listed on the Bucharest Stock Exchange, ended the first half of 2023 with RON4.1 million net loss, lower than the RON5.9 million in the yea...
Simtel Team Ends Q1 With RON66M Revenue And RON3M Net Profit
Simtel Team (SMTL.RO), a Romanian company specializing in building rooftop photovoltaic parks posted RON66 million revenue in the first quarter of 2023 compared with RON9.7 million in the ye...
Holde Agri Invest Sees 87% Growth in Revenue to RON117.5M in 2022
Holde Agri Invest (HAI.RO), a Romanian-held company that operates farmland, posted RON117.5 million consolidated revenue in 2022, an increase of 87% and net profit of RON11.4 million (IFRS),...
Apex Alliance Boasts Solid 1Q in Romania
Lithuania’s Apex Alliance group, controlled by several Lithuanian entrepreneurs, owning five hotels in Romania, posted 20-25% higher turnover in February and March along the entire chain fro...
Promateris Group Ends 2021 with 62% Rise in Turnover to EUR37.8M
Promateris (PPLRO), a Romanian industrial group and leader in the CEE region in producing biodegradable and compostable packaging, posted EUR37.8 million consolidated turnover in 2021, up 62...