Companies
Transelectrica Hits RON597M Net Profit in 2024, Up 180% YOY
Romania’s national grid company Transelectrica in 2024 registered RON597 million net profit, up 180%, and RON7.8 billion operating income, 67% higher than in 2023.
Sphera Group Ends 2024 with over RON1.5B Sales, Up 5.4% YOY, RON97.2M Net Profit, 22% above 2023 Level
Sphera Franchise Group, the biggest food service group in Romania, ended 2024 with sales of above RON1.5 billion, up 5.4%, and RON97.2 million, 22% above the 2023 level.
Conpet Reports 10% Higher Turnover, 19.8% Lower Net Profit For 2024
National oil carrier via pipelines and tanker railcars Conpet Ploiesti (stock symbol: COTE.RO) has announced a net profit of RON49.4 million for 2024, down 19.8% versus 2023 and 11.5% higher...
Tissue Paper Maker MG Tec Industry Borrows EUR7.5M from Garanti BBVA for Business Development
Garanti BBVA granted a EUR7.5 million loan to Dej-based MG Tec Industry SRL, the leading Romanian producer of tissue paper.
iBanFirst Bucharest Office Processed EUR1.4B Worth of International Payments in 2024, Up 72% YOY
iBanFirst’s Bucharest office last year processed a volume of EUR1.4 billion in international payments, thus marking a 72% revenue increase.
Visual Fan Ends 2024 with RON131M Turnover, RON11M Net Profit
Romanian electronic device maker Visual Fan, which owns Allview brand, for 2024 reported RON131 million consolidated turnover, RON2 million lower than in the previous year, but net profit cl...
Bucharest Stock Exchange Registers RON77M Consolidated Operating Revenues, RON10.65M Net Profit in 2024
The Bucharest Stock Exchange (BVB), the operator of Romania capital market, for 2024 reported RON77 million consolidated operating revenues, down 7% from the previous year, and RON10.65 mill...
One United Properties Reports RON1.4B Turnover for 2024, Down 7% YOY. Net Profit Shrinks 15% To RON381M
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a preliminary turnover of RON1.4 billion for 2024, 7% lower th...
Romanian Fashion Brand Ami Amalia Seeks Investor to Expand in Europe
Romanian fashion brand Ami Amalia, founded by entrepreneur Amalia Saftoiu, is seeking an investor to aid it step up direct development of the business in Europe.