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BVB Expects RON12.6M Net Profit in 2024, with 31% Net Margin
The Bucharest Stock Exchange, the operator of the Romanian capital market, has budgeted RON12.6 million net profit for this year, below the RON21.8 million profit of 2023, which was influenc...
Simtel Team Aims for 35% Operating Revenue Growth, 28% Net Profit Increase in 2024
Simtel Team, a Romanian engineering and tech company and a national leader in renewable energy, in 2024 targets, at a consolidated level, RON394.3 million operating revenue, RON49.2 million...
Banca Transilvania Targets RON3B Net Profit in 2024, Up 20% YOY
Banca Transilvania, Romania’s largest lending institution by assets under management, has budgeted 20% higher net profit and a 10% asset increase for 2024.
Radisson Blu Hotel of Cluj-Napoca Budgets Flat Turnover from 2023, at EUR7.5M
Five-star hotel Radisson Blu of Cluj-Napoca, developed by Winners Park Invest, has for 2024 budgeted turnover similar with 2023 level, of EUR7.5 million, according to the company’s officials...
One United Properties Aims for RON1.7B Revenues, Up 15%, RON525M Net Profit in 2024
Real estate developer One United Properties estimates RON1.7 billion consolidated revenues, up 15% from the 2023 result, and RON525 million net profit, 17% above last year’s.
Sphera Franchise Group Budgets over RON1.64B in Sales in 2024, Up 12.2% YOY, over RON95M Profit, Up 20.1% from 2023
Sphere Franchise Group, which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, has budgeted two-digit increases for its...
Antibiotice Iasi Wants to Cross RON100M Profit Threshold in 2024
Antibiotice Iasi, the biggest Romanian-held drug manufacturer, wants to reach RON104 million net profit in 2024, up 28% from 2023, in line with its income and expenses budget.
Conpet Ploiesti Budgets 8% Higher Revenues, but 28% Lower Profit for 2024
Romanian state-owned oil transporter Conpet Ploiesti included in its 2024 revenues/expenses budget the sum of RON588.7 million for revenues, namely a 7.6% increase based on the 2023 estimate...
Nuclearelectrica Expects RON1.3B Net Profit in 2024, Down 48% Vs 2023 amid RON4.7B Revenues, 42% Lower
Nuclear power producer Nuclearelectrica has for 2024 budgeted RON1.3 billion net profit, down 47.8% from 2023, amid total revenues of RON4.66 billion, 41.7% lower, in line with the revenues...