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Furniture Maker Class Furn Reports RON179M Turnover For 2023, Down 19% YoY
Class Furn Romania, a furniture manufacturer based in Bihor County, ended 2023 with a turnover of RON179 million, down 19% on the year, in line with calculations by Ziarul Financiar (ZF) daily (...)
Apr 30, 2024
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Nimet Ends 2023 With RON633M Turnover, Down 27% YoY
Targoviste-based Nimet, one of the biggest chrome plated steel bars and tubes producers, ended 2023 with a turnover of RON633 million, down 27% on the year, as per finance ministry data.
Apr 30, 2024
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Hidroelectrica To Pay Out RON6.3B Dividends To Its Shareholders On June 28
State-run Hidroelectrica (H2O), the largest electricity producer in Romania, said in a stock market report that its shareholders approved, in their ordinary general meeting of April 29, the (...)
Apr 30, 2024
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Lion Capital Rejects Proposal Of Shareholder Blue Capital To Distribute RON209M Dividends And To Start Share Buyback Program
Alternative investment fund Lion Capital (LION.RO) said in a stock market report that its shareholders decided in their extraordinary general meeting of April 29 to reject the proposal of the (...)
Apr 29, 2024
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Teilor Holding Ends 2023 With 11% Growth In Revenue To RON413M
Teilor Holding SA, a group of companies that includes the Teilor luxury jewelry chain, the non-bank financial company Invest Intermed GF IFN, Invest Intermed Gold, a company that sells gold (...)
Apr 29, 2024
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Aquila Part Prod Shareholders Approve RON85M Dividends
Aquila Part Prod (AQ.RO), an entrepreneurial company providing distribution and logistics services for consumer goods in Romania and the Republic of Moldova, has announced in a stock market (...)
Apr 29, 2024
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Meta Estate Trust Shareholders Approve Distribution Of 2023 Profit
Meta Estate Trust, (MET.RO), a holding company in the real estate sector, has secured shareholder approval for distributing the 2023 profits as bonus shares to investors through a capital (...)
Apr 29, 2024
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Evergent Investments To Pay Out RON82M Dividends On June 12, 2024
Alternative investment fund Evergent Investments (EVER.RO) informed the capital market in a report about the shareholders' decision of April 29 to approve the distribution of dividends in the (...)
Apr 29, 2024
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Orange Promotes Adela Guedon, Replaces Her With Carl Al Khawand As CFO Of Orange Romania
Orange, the telecom market leader in Romania, has announced appointment of Carl Al Khawand chief financial officer (CFO) of the Orange Romania Group, as of July 1, 2024. He will take over from (...)
Apr 29, 2024
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Finance Ministry Raises Nearly RON961M From Banks Via Two Bond Issues On April 29
Romania's Finance Ministry raised RON961 million from banks on Monday (April 29), selling government paper in two auctions, at annual average yields of 6.14% and 6.57%, respectively.
Apr 29, 2024
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ARTEX AG, owner of the ARTEX MTF trading venue, appoints Claudio Cisullo to the Board of Directors
ARTEX AG, a Liechtenstein-based company and sole shareholder of ARTEX MTF, a Lichtenstein-based regulated multilateral trading venue, has appointed Claudio Cisullo, Founder and Executive (...)
Apr 29, 2024
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European Commission Approves EUR95M Romanian Restructuring State Aid For TAROM
The European Commission has approved, under EU State aid rules, Romania's plans to grant its state-owned flag carrier TAROM restructuring aid of up to EUR95.3 million (RON473.69 million). The (...)
Apr 29, 2024
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Fugitive Prince Paul of Romania captured in Malta resort
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years (...)
Apr 29, 2024
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Premier Energy Acquires 80MW Wind Park In Constanta In EUR88M Deal
Premier Energy Group, held by Czech investment fund Emma Capital, founded by Czech entrepreneur Ji?í Šmejc, has acquired the Mihai Viteazu wind park in Constanta (southeastern Romania), with a (...)
Apr 29, 2024
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Village of famous Romanian sculptor Constantin Brâncu?i featured in new Art Safari exhibition
Hobi?a, the village of famous Romanian sculptor Constantin Brâncu?i, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on (...)
Apr 29, 2024
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Virgil Ichim Step Down As CEO Of Allianz-Tiriac Pensii Private After Five Years
Virgil Ichim, CEO of Allianz-Tiriac Pensii Private, is stepping down from his role effective April 30, 2024, in order to pursue other career opportunities and challenges, as per a press statement.
Apr 29, 2024
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Romanian authorities inaugurate first part of road crossing Apuseni Mountains
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), (...)
Apr 29, 2024
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