Last Year

IHunt Technology HUNT), online retailer and mobile phone manufacturer, achieved a net turnover of 8. 7 million lei in the first quarter of the year, 17. 7% below that of the first three months of last year, in while the net profit decreased by 9. 4%, to 0. 04 million lei, according to the company and s report published yesterday on the website of the Bucharest Stock Exchange BVB).

Bitcoin is up around 60% this year, with the world and s most famous cryptocurrency hitting a new all-time high in 2024, especially on the back of the US Securities and Exchange Commission and s SEC) approval of spot ETFs on Bitcoin and the halving of the reward received by the miners, according to an article published by Business Insider, at the end of last week.

The National Recovery and Resilience Plan is not a failure, but its implementation has been delayed for a year and a half 18 months) due to the indecision of the governing coalition in Bucharest, PNL-PSD, which has not implemented certain reforms, among which is the abandonment of special pensions and the taxation of micro-enterprises, said four of the five candidates for the European Parliament elections on June 9, in a debate they participated in on Friday at the Global Forum for Modern Direct Democracy that took place last week in Bucharest.

The funds managed by NN Pensii, BCR Pensii and Metropolitan increased their exposure to Hidroelectrica * The contribution to mandatory private pension funds increased this year to 4. 75% of the gross monthly income of employees, compared to 3. 75% last year * APAPR: Of the sums accumulated in the accounts, about 72% represent the transferred contributions, the remaining 28% being the gain made by the administrators and investments.

The company recorded a loss of almost 0. 6 million lei in the first three months of last year * The decrease in expenses at a faster pace than the incomes brought the Orsova Naval Shipyard back to profit.

The U. trade deficit with China narrowed last year to its lowest level since 2010, as imports from the Asian country fell by more than $100 billion compared to the previous year, according to Statista.

SIPRI: Global defense spending - at record level Asian countries, such as India and China, have steadily increased their defense spending over the past 15 years, and a comparison with the respective countries and economies shows that this spending increased roughly in line with GDP from 2013 to 2023, standing at to around 2. 4% in India and 1. 7% in China last year, according to a report by the International Peace Research Institute Stockholm International Peace Research Institute - SIPRI), taken over by statista. com.

The shareholders of Aerostar Bacau ARS) approved for the company to distribute dividends worth 32 million lei, from last year and s profit of 93 million lei, according to the aeronautical company and s report published, at the end of last week, on the website of the Bucharest Stock Exchange BVB).

Trond Grande, Norges Bank Investment Management: We had magnificences last year, which led to slightly more dispersed returns for the seven names this quarter * The fund had shares in Hidroelectrica, Banca Transilvania, OMV Petrom or Sphera at the end of last year .

The company is unable to pay the last coupon and repay the principal of the BSE-listed bonds * Our intention is to enter into reorganization and we hope that the economic factors will determine an increase in the company and s activity, so that we can honor the debts to the creditors * In the middle of last year, Alser Forest had a loss of 2. 4 million lei and negative equity of 3. 2 million lei.

Blue Capital requested that Lion pay dividends of 208. 6 million lei and carry out a program to buy back 50 million of its own shares * Lion management estimates the value of the program at 147. 5 million lei * Lion and s Board of Directors proposed that all last year and s profit, of 417. 2 million lei, be allocated to Other reserves * The board also wants to carry out a program to buy back its own shares, which it will give free of charge to employees and management .

At the end of last year, our country recorded a budget deficit of 6. 3% of the Gross Domestic Product, according to the latest consolidated report published yesterday by DG Ecfin, within the European Commission.

Prime Transaction: The best stock developments were generally correlated with the published financial results for the last quarter of 2023 * Trading discounts between 70% for Infinity Capital Investments and 51% for SIF Muntenia * The first issue of Fidelis government bonds, totaling 1. 8 billion lei, was listed on the BVB.

Damen Holding BV notifies the Romanian state on August 4, 2023 that it is withdrawing from the Mangalia Naval Shipyard *Since then and until now, monthly AGA meetings have been convened, but the state representatives, through the company STNM 2 Mai, have blocked the taking of any decision *Because of this , the shipyard has not approved the budget execution for the year 2023 nor the budget for the year 2024, which prevents the management team from concluding contracts that would bring 300 million euros into the company and s treasury *However, there are periods when STNM 2 Mai shares on the market AeRO increases its value, instead of continuing the drastic decrease started last summer *The next AGA meeting is scheduled for April 29.

Political decision-makers in Bucharest continued in the last month of the first quarter of the current year to adopt decisions regarding the extension of some price capping measures and to dilute the provisions of Law 2962023 and GEO 1152023 regarding the reduction of expenses in the public sector, adopting several normative acts and memoranda through which salary increases operated and allowed new employment in the state.

Pillar II funds managed assets of 126. 7 billion lei, according to the Authority and s report The private pensions market in our country reached, at the end of 2023, total assets worth 131. 5 billion lei, an increase of 31. 4% compared to the end of the previous year, according to the report of the Financial Supervisory Authority ASF) regarding the evolution of the private pension system in Romania last year.

The beer market in our country experienced, with only 15 million hectoliters of beer sold, a decrease of 5% at the end of last year, a decrease that is added to that of 2022, according to the report presented yesterday by the representatives of the Association of Romanian Brewers.

The bank expects the East Asia and Pacific economy to grow 4. 5 percent this year, below last year and s 5. 1 percent expansion, according to the American trust * Excluding China, the bank expects the region and s economy to grow 4. 6 percent this year, up from 4. 4 percent in 2023, according to CNBC .

The major index of the Tokyo Stock Exchange, Nikkei 225, rose on Friday, the last day of the fiscal year 2023, reaching 40,369. 44 points, a level higher by 44% compared to the previous year, on the background of increased foreign purchases and depreciation yen against the dollar, which improved the outlook for Japanese exporters, according to Reuters and NHK World Japan.

We finally have, since yesterday, the air and maritime Schengen which, from the superior position of full member of the area of free movement of goods and persons, Austria granted us at the last meeting of the Council of Justice and Internal Affairs last year.