Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
OMV Petrom Ends 2024 with RON35.8B Sales, Down 8%, RON4.2B Net Profit, Up 4% from 2023
OMV Petrom, Romania’s sole oil and gas producer and the largest company by turnover, ended 2024 with RON35.8 billion sales, down 8% from 2023, while net profit climbed by 4% to RON4.2 billio...
EBRD Invested EUR77M in 44 Projects in Romania in 2024, Double 2023 Number; 2025 Portfolio Set to Cover all Economic Fields
The European Bank for Reconstruction and Development (EBRD) in 2024 invested in a record high number of projects in Romania amid rising investment in energy and pledges of alignment to green...
Visual Fan Finalizes Four Photovoltaic Projects for Autoliv Romania
Entrepreneurial company Visual Fan, controlled by Lucian Peticila and that owns Allview brand, has completed the implementation of four photovoltaic projects for Autoliv Romania, the local s...
Transport Trade Services Starts EUR23M Investment To Develop Canopus Constanta Grain Terminal
Danube freight carrier Transport Trade Services will kickstart a EUR23 million investment for the development of Canopus Constanta grain terminal.
TeraPlast Buys PVC and PE Pipe Production Assets of Hungary’s Wavin for EUR7M
Building materials producer TeraPlast Bistrita has acquired the PVC and PE Pipe production assets of Hungarian company Wavin, via Polytech Kft subsidiary.
Fondul Proprietatea Initiates Process of Delisting from London
US’ Franklin Templeton, Fondul Proprietatea manager, has initiates the process of delisting GDRs from the London Stock Exchange because of their low liquidity there and the fact that, as the...
Antibiotice Iasi Ends Jan-Sept 2024 with RON511M Revenues, Up 7%. Net Profit Rises 15% To RON88M
Romanian drug manufacturer Antibiotice Iasi, in which the Romanian state hold 53%, registered RON511 million revenues in the first nine months of 2024, up 15% annually, while net profit went...
Romgaz Reports RON5.6B Turnover for Jan-Sept 2024, Down 17%. Net Profit Hits RON2.3B
State-owned Romgaz, a natural gas producer and supplier, reported RON5.6 billion turnover for the first nine months of 2024, down 17% from the year-earlier period, while net profit rose by 5...
Furniture Maker Elvila Halves Turnover To RON8.2M in 9M 2024; Losses Narrow To RON4.8M
Furniture maker Elvila, controlled by businessman Viorel Catarama, halved its turnover in the first nine months of 2024 to around RON8.2 million, but narrowed down its losses to RON4.8 milli...
Digi Communications Ends Jan-Sept 2024 with EUR1.4B Revenues, EUR435M EBITDA
Telecom operator Digi Communications reported EUR1.4 billion revenues in the first nine months of 2024, up from EUR1.2 billion, and EBITDA of EUR435 million, from EUR367 million. Net profit...
OMV Petrom Signs EPCC Contract to Start Building Isalnita Photovoltaic Park
OMV Petrom, Romania’s main oil and gas producer, has signed an EPCC-type contract to start the construction of the photovoltaic park of Isalnita, Dolj, which will have an annual production o...
DN Agrar’s Compost Factory Becomes Operational in Wake of EUR1.8M Investment
Entrepreneurial company DN Agrar, which manages Romania’s largest integrated livestock farm, has announced the start of the operational activities at the compost factory of Apold m following...