BUDGET
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Romania Posts Budget Deficit Of RON30.24B Or 1.58% Of GDP In January-February 2025
Romania’s general consolidated budget posted a deficit of RON30.24 billion in January-February 2025, or 1.58% of the gross domestic product (GDP), compared with a deficit of RON28.99 billion...
OMV Petrom Projects 17% Lower Net Profit Of RON3.4B, 12% Higher Sales Revenue Of RON33B In 2025 vs 2024
OMV Petrom (stock symbol: SNP), the largest integrated energy producer in Southeast Europe, estimates net profit of RON3.4 billion for 2025, down 17% versus 2024, according to the budget tha...
Hidroelectrica Has RON660M Budget for Solar Power Project Acquisitions in 2025
State-run Hidroelectrica, Romania’s largest electricity producer, has RON660 million (EUR130 million) budgeted in 2025 for diversification projects that include solar power projects.
Hidroelectrica Budgets Higher Revenue, Lower Net Profit For 2025
State-run Hidroelectrica (H2O.RO), the largest electricity generation company in Romania, has budgeted RON10.3 billion revenue for 2025, an increase of 2% on the 2024 level, as well as RON3....
Romania Posts Budget Deficit Of RON126B Or 7.12% Of GDP In January-November 2024
Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago p...
Government Adopts Ordinance On Curbing Budget Deficit
The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the European Commission.
Fiscal Council Sees Romania Ending 2024 With 8% Cash Budget Deficit
The Fiscal Council reiterates the estimate that Romania will end 2024 with a cash budget deficit of around 8% in its Opinion on the draft of the first revision of the state budget, saying th...
Fornetti Plans To Make RON7M Investments In Romania In 2024
Fornetti Romania, one of the largest actors on the pastry market of the country, has an investment budget of more than RON7 million for this year, after having invested more than RON16 milli...
Hidroelectrica Shareholders Approved Revision Of 2024 Spending And Revenue Budget
The shareholders of Hidroelectrica, the largest energy producer in Romania and the largest company listed on the Bucharest Stock Exchange approved the revised spending and revenue budget for...