Companies
Transelectrica Posts RON158M Net Profit, Up 52%, RON1.4B Revenues, Down 29% in Q1/2025 YOY
Romania’s national grid company Transelectrica in the first quarter of 2025 registered RON158 million net profit, up 52%, and RON1.4 billion revenues, down 29%.
Antibiotice Iasi Q1/2025 Revenues Down 6% To RON180M; Net Profit Falls 13% To RON32.6M
Pharma producer Antibiotice Iasi in the first quarter of this year generated total revenues of RON180 million, down 6%, and net profit of RON32.6 million, 13% lower than the year-earlier lev...
Hidroelectrica Reports RON589M Net Profit for Q1/2025, Down 56% YOY
Hidroelectrica, Romania’s largest green energy producer, in the first quarter of this year registered RON589 million net profit, 56% lower than in the same period last year amid declining en...
Packaging Maker Electric Hits over EUR18M Turnover in 2024
Focsani-based packaging maker Electric, owned by Buzaianu family, for 2024 reported turnover worth RON90.9 million (EUR18.3 million), up almost 43.3% from 2023, in line with ZF calculations...
Simtel Team Reports RON79.9M Revenue For Q1/2025, Up 70% vs Q1/2024
Engineering and technology company Simtel Team S.A. (stock symbol: SMTL), one of the national leader in Romania's renewable energy sector, reported consolidated operating revenues of RON79.9...
Transilvania Broker de Asigurare Switches To RON1.2M Loss In Q1/2025
Transilvania Broker de Asigurare (stock symbol: TBK), one of the largest insurance brokers on the local market, reported loss of RON1.2 million for the first quarter of 2025 versus net profi...
Savini Due Invests EUR40M In 75,000-Sqm Plant In Alba County
Bathroom furniture producer Savini Due, controlled by Italian businessman Piersante Savini, has inaugurated its new factory in Sebes (Alba County), which entailed an investment of almost EUR...
Liberty Galati's Share Capital Raised By RON730M
The share capital of steelmaker Liberty Galati was increased by RON730 million by incorporating a EUR145 million debt held by the company's majority shareholder Liberty Holdco Galati & Skopj...
Hygienic Tissue Paper Producer Elfi Announces EUR10M Investments, Eyes 15% Higher Turnover In 2025
Hygienic tissue paper producer Elfi, which has a factory in Albota (Arges County), announces investments of EUR10 million in 2025 for the expansion of production capacity and targets a 15% i...