BRK Financial Group (BVB: BRK) has maintained its buy recommendation for the shares of drug manufacturer Antibiotice Iasi (BVB: ATB), with a target price of RON 1,396 and a subsequent 12-month growth potential of 16%.
"[Antibiotice] pursues objectives such as capitalizing on production capacities, increasing the market share of products, doubling turnover and improving profitability. In the first semester (...), the company focused on the diversification of production, including in the...
Thousands of people took to the streets of Bucharest on Sunday, October 19, to participate in the “Together for Women’s Safety” march, calling for stronger action against gender-based violence and improved protection for women and girls in Romania, news agency Agerpres reported. Similar awareness events...
Economy minister Radu Miruţă (USR) announced on October 18, after the conclusions of the report of the prime minister's control body regarding the disaster at Praid salt mine, which was flooded earlier this year, that he asked the Salrom management to resign but they refused, he asked for a meeting and they refused again, and […]
The individual investors placed orders for RON 47.4 million (EUR 9.5 million) worth of shares put up for sale by cold cuts producer Cris-Tim (BVB: CHF) under the Bucharest Exchange IPO, according to Ziarul Financiar reporting after the first day of the public offering. Some 67% of the tranche for individual investors...
Electricity supplier and provider Electrica (BVB: EL), with the Romanian state as the largest shareholder, began the procedure for obtaining the necessary permits for the construction of 15 electricity storage battery parks, with a capacity of approximately 1 GWh. The project is scheduled for completion by 2030. Electrica will thus capitalise on land it already […]
GE Vernova announced that it has entered into an agreement with Portugal's Greenvolt International Power to supply, install, and commission 42 onshore wind turbines with a capacity of 6.1 MW each to power a wind farm in southern Romania (Ialomița County), according to Economica.net. ...
The general government budget deficit in Romania increased by 7% y/y and reached RON 103 billion (EUR 20 billion) in January-September, according to data published by
