Companies
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...
Sphera Group 9M 2024 Revenues Up 6.4% YOY To RON1.1B; Profit Rises 66% To RON71.4M
Sphera Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, ended the first nine months of 2024 with RON1.14 billion sales, up 6.4% from the year-ea...
Kandia Dulce Expects 17% Higher Turnover in 2024
Kandia Dulce, Romania’s largest chocolate producer, expects to end 2024 with turnover of around RON268 million, up 17% from 2023.
Turbomecanica Posts RON105M Revenue, RON14.7M Net Profit In Jan-Sept 2024
Turbomecanica (stock symbol: TBM), a local manufacturer of gas turbine engines and mechanical assemblies for aircrafts, ended the first nine months of 2024 with revenue of RON105 million, fr...
Altur Slatina Net Profit Plunges 80%, Revenues Drop 20% YoY In Jan-Sept 2024
Automotive component maker Altur Slatina (stock symbol: ALT) reported net profit of RON1.33 million for the first nine months of 2024, down 80.5% from a net gain of RON6.8 million recorded i...
Biofarm Ends Jan-Sept 2024 Period With RON73M Net Profit And RON231M Sales
Pharmaceutical producer Biofarm Bucuresti (stock symbol: BIO) ended the first nine months of 2024 with net profit of RON73.25 million, at an individual level, up 4.7% from the same period of...
Conpet Sees Turnover Rise 10% In Jan-Sept Period, To RON402M
National oil transporter by rail Conpet Ploiesti (stock symbol: COTE) reported a turnover of RON401.8 million for January-September 2024 period, up 10% from the level reported in the same pe...
Rondocarton Leases 4,500 Sqm Of Warehouse Space In VGP Park Timisoara
Rondocarton, part of the Austrian Rondo Ganahl Group, a leading corrugated cardboard manufacturers in Romania, has leased 4,580 square meters of warehouse space in the VGP Park Timisoara log...
Romanian Mihai Ionescu To Run KingsRock Advisors Business In Eastern Europe
Mihai Ionescu, former CEO of Deutche Bank Romania, was recruited by KingsRock Advisors, a global independent financial advisory firm headquartered in New York, to coordinate the company's Ea...