Romania’s Prebet Aiud lands 67 mln euro prefab supply deal

The prefabricated products will be delivered sequentially, with the duration of the contract spanning an estimated 71 months, Prebet Aiud said in a report filed with the Bucharest Stock Exchange, BVB.

The contract comes on the heels of three other deals for supplying prefabricated products to undisclosed beneficiaries, valued at 7.1 million lei, 24.2 million lei and 21.3 million lei, respectively, Prebet said in two separate reports submitted to the Bucharest bourse on Wednesday and Thursday.

In 2023, Prebet Aiud saw its net profit rise 79% on the year to 6.4 million lei on revenue of 59.4 million lei, it said in an annual financial statement filed with the BVB in April.

Prebet Aiud’s shares have been suspended from trading today at 1309 CET before the publication of the report on the latest deal. Trading has subsequently resumed, with company shares jumping 14.56% to 5.9 lei as at 1540 CET on Friday, on the Bucharest bourse.

(1 euro=4.976 lei)