BUDGET
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Nuclearelectrica Revises Revenue And Profit Expectations Slightly Downwards
State-run Nuclearelectrica (SNN.RO), the operator of the Cernavoda nuclear power plant, is getting ready to amend its 2024 budget to reflect a 2% decline in revenue a 5% decline in profit es...
Nuclearelectrica Wants to Grant Loan of Up to RON814M to EnergoNuclear Subsidiary for Cernavoda 3 and 4 Reactor Investments
State-owned Nuclearelectrica, Romania’s sole nuclear power producer, is convening shareholders to approve among others the amendment of the 2024 budget and the granting of a loan of as much...
Banca Transilvania’s 2024 Budget Does Not Include OTP Acquisition
The numbers in the 2024 budget of Banca Transilvania, the largest lender in Romania, a 20% higher profit of RON3 billion, 10% higher assets of RON179 billion and RON9.2 billion interest inco...
Budget Deficit Already At 2% After Q1, 2024
Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Minist...
Visual Fan (Allview) Targets 13% Turnover Growth, 58% Higher Profit in 2024
Visual Fan, an electronic device producer, owner of Allview brand, in its 2024 revenue and expense budget estimates its revenues will reach RON151.6 million at end-2024, up 13% from 2023. Ne...
AROBS Transilvania Software Targets Turnover of Almost RON500M in 2024, Up 15% YOY, RON49M Net Profit
AROBS Transilvania Software, the largest tech company listed at the Bucharest Stock Exchange, aims for RON494.9 million consolidated turnover in 2024, up 15.8% from 2023.
FMCG Wholesaler Licurici Impex Aims for 10% Higher Turnover in 2024
FMCG wholesaler Licurici Impex forecasts a 10% turnover increase this year from 2023, to RON565.4 million (EUR113.8 million), in line with ZF calculations based on company data.
Drugmaker Zentiva Wants to Join “Billionaires’ League” in 2024
Drugmaker Zentiva has budgeted net revenues of above RON1.1 billion in 2024, up 20% from 2023 level, which would mark the company’s joining the RON billionaires’ league.
Prospectiuni Bucuresti Budgets RON251M Turnover, 10.3% Profit Margin for 2024
Geological surveying company Prospectiuni Bucuresti, majority held by businessman Ovidiu Tender, has for 2024 budgeted RON250.8 million turnover, up 1.6% from 2023, and RON26.5 million gross...