The medicine producer Sintofarm (SINT) summoned its shareholders at the end of December to decide on selling equipment, trademarks and other shares and on taking over the name Imosint and change the field of activity for real estate development. Shareholders must decide on selling the whole trade fund of the company except for buildings. The meeting will be held on December 21. Sintofarm has a factory in Bucharest. Last year the company reported a net business figure of 6.17 million lei, on the drop by 13% from 7.08 million lei in 2013 , when net profit dropped to less than a half, from 1 million lei in 2013 tp 470,000 lei in 2014. In the first nine months of 2015, the net business figure was 4.72 million lei, very close to the one registered the previous year - 4.66 million lei. Gross profit was 493,825 lei, on the drop by 9% compared to 542,347 lei last year. Sintofarm shareholders are Generalcom - 27.99%, Interfinance Capital Investment (Gibraltar) - 26.27%, Iberestate International - 15.37% and SIF Muntenia (SIF4) -13%, while the rest of shares belong to other investors. Generalcom (GECM) is a company specialised in managing commercial areas and has shares at Centrofarm and Sintofarm. The main shareholders of Generalcom are Iberestate International -45.6% and the Portuguese businessman Alain Bonte -36.93%. The rest of shares is owned by other shareholders. Bonte is chairman of the Administration Board of Sintofarm, while Radulescu Niculina is vice-chairman. They are also managers of Generalcom, where Bonte is president and Radulescu general manager.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
