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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

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Romanian developer One United envisages EUR 150 mln capital increase

The shareholders of One United Properties (BVB: ONE), the most active real estate developer on the Romanian market, approved on April 26 an operation to increase the share capital with cash contributions or by issuing convertible bonds, according to a company's note to investors.

"One United Properties intends to raise up to RON 750 mln (EUR 150 mln) to fuel the growth strategy and allow the company to take advantage of opportunities in the market. The general meeting of shareholders has delegated the final decision on the type of operation to be carried out to the newly appointed Board of Directors. The planned capital increase will be the fifth for the company," according to the document.

The company has been listed on the Bucharest Stock Exchange (BVB) since July 2021, where it is included in the basket of the BET index. This year, the company's shares appreciated by 8%, and the company has a market value of RON 3.6 bln (EUR 720 mln).

One United had a net profit of RON 506 mln (EUR 10 mln) in 2021, up from RON 176 mln in 2020. Revenues have more than doubled from 2020 to RON 1.1 bln in 2021.

The projects envisaged by One United are expected to generate EUR 3.6 bln revenues and EUR 90 mln gross profits. 

andrei@romania-insider.com

(Photo source: the company)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

 

The Capital Markets News section is powered by the Bucharest Stock Exchange 

 

BSE

 

 

Romanian developer One United envisages EUR 150 mln capital increase

The shareholders of One United Properties (BVB: ONE), the most active real estate developer on the Romanian market, approved on April 26 an operation to increase the share capital with cash contributions or by issuing convertible bonds, according to a company's note to investors.

"One United Properties intends to raise up to RON 750 mln (EUR 150 mln) to fuel the growth strategy and allow the company to take advantage of opportunities in the market. The general meeting of shareholders has delegated the final decision on the type of operation to be carried out to the newly appointed Board of Directors. The planned capital increase will be the fifth for the company," according to the document.

The company has been listed on the Bucharest Stock Exchange (BVB) since July 2021, where it is included in the basket of the BET index. This year, the company's shares appreciated by 8%, and the company has a market value of RON 3.6 bln (EUR 720 mln).

One United had a net profit of RON 506 mln (EUR 10 mln) in 2021, up from RON 176 mln in 2020. Revenues have more than doubled from 2020 to RON 1.1 bln in 2021.

The projects envisaged by One United are expected to generate EUR 3.6 bln revenues and EUR 90 mln gross profits. 

andrei@romania-insider.com

(Photo source: the company)

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