Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.083
Hidroelectrica Reaches RON12.2B Revenues, Up 30%, RON6.3B Net Profit, Up 42% in 2023 YOY
Hidroelectrica, Romania’s largest energy producer, in 2023 registered revenues worth RON12.2 billion, up 30%, and net profit of RON6.33 billion (EUR1.2 billion), 42% above the 2022 level.
Online Bookstore Libris Ends 2023 with RON80M Turnover, Up 20% YOY
Online bookstore Libris ended 2023 with RON80 million turnover, up 20%.
Artrom Steel Tubes, with Operations in Resita and Slatina, Set to Invest EUR6M in 2024 To Cut CO2 Emissions and Fuel Consumption
Artrom Steel Tubes, one of Europe’s major tube producers, with operations in Romania in Resita and Slatina, will invest EUR6 million in 2024 to reduce CO2 emissions and fuel consumption.
BVB Group Rakes In RON82.79M Consolidated Operating Revenues in 2023, Up 46%
BVB group in 2023 posted consolidated operating revenues worth RON82.79 million, up 46%, an increase mainly generated by a significant event, H2O listing, with direct impact on the evolution...
OMV Petrom Earmarks EUR300M Budget for Investments in 2024
OMV Petrom has for 2024 earmarked a budget of around EUR300 million for acquisitions, with the funds covering both deals signed in 2023 and set to be completed this year, as well as new take...
Over EUR800M Non-Reimbursable Funds Available for Companies for Green Energy Projects
Companies will be able to access in the coming weeks non-reimbursable funds worth above EUR800 million for investments in green energy projects, to boost the energy efficiency of plants or f...
TeraPlast 2023 Consolidated Turnover Down 5%, To RON672M
Building materials producer TeraPlast Bistrita in 2023 registered RON672 million consolidated turnover, down 5%, while net profit dropped to RON1.1 million from RON16 million in 2022.
Allianz Trade: Romania Will Post GDP Growth of around 3% in 2024, 3.5% in 2025, But Public Finances Will Worsen Further
Romania will register economic growth of around 3% in 2024, followed by 3.5% in 2025, but in parallel public finances will continue to deteriorate, becoming a reason of concern, with deficit...
Pehart Tec Invests EUR8M in New Production Line, Enters AfH Market
Pehart Grup, one of Southeastern Europe’s largest paper producers, is set to enter the Away from Home product market, under Sovio brand, in the wake of an over EUR8 million investment in a n...
One United Properties Reports EUR275M Housing Sales and Pre-Sales in 2023, Up 63%
Real estate developer One United Properties reported residential sales and pre-sales worth EUR274.9 million in 2023, up 63% from 2022.
JYSK Continues Expansion in Romania
JYSK, the Scandinavian furniture and home décor retailer, is expanding further in Romania and is set to open a store on Borsa on Thursday, reaching 139 units locally.
SIF Muntenia Set to Change Name to Longshield Investment Group
SIF Muntenia shareholders during Friday’s general meeting approved the changing of the company’s name to Longshield Investment Group SA, with this being the last financial investment company...