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Romanian M&A Market Down In Volume And Value In H1
The Romanian M&A market is starting to feel the impact of the global and regional economic context in 2023, after a good year for local deals last year, especially in the energy and IT secto...
International Lazar Sees Decline In H1
International Lazar, a freight forwarding company controlled by entrepreneur Ion Lazarus, ended the first half of this year with a 10%-12% decline in revenue, amid lower demand for freight f...
Autonom Services Profit Shrinks 31% To RON12.2M In H1
Autonom Services, the largest mobility network in Romania, held by brothers Marius and Dan Stefan, posted RON12.3 million net profit in January-June 2023, 31% below the same period last year...
Real Estate Deals Increase By 16% To More Than 12,000 In July
The number of real estate deals in Romania stood at 12,252 in July 2023, an increase of 16% on June 2023, data from the national cadaster agency ANCPI showed on Thursday (August 24).
MAM Bricolaj Posts 3% Decline In Sales To RON26.9M In H1
DIY retailer MAM Bricolaj (MAM.RO), which sells furniture materials and accessories, ended the first half of 2023 with RON200,409 net profit, a 60% decline compared with the first half of 20...
Integrisoft Solutions Posts 9% Decline In Revenue To Less Than EUR5M In 2022
Integrisoft Solutions, a developer and provider of software applications and solutions for central and local public administration, posted 9% decrease in revenue to EUR4.5 million (RON22.7 m...
Transgaz Revenue Shrinks 18.5% To RON960M In H1
The natural gas transmission company Transgaz (TGN.RO), majority owned by the Romanian government, recorded consolidated revenue of RON959.7 million in the first half of the year, down from...
Alro Slatina Revenue Shrinks 25% To RON1.55B In H1
Aluminum producer Alro Slatina (ALR.RO) ended the first half of 2023 with RON1.55 billion consolidated revenue, down 25% on the year-ago period and RON164 million loss, compared with a RON15...
Romania’s Trade Deficit Shrinks To RON13.3B In H1, 2023
Romania's trade balance posted a deficit of EUR13.3 billion in January-June 2023, lower by 14% compared with January-June 2022, data from the country's statistics board INS showed on Wednesd...