“The main event in the reference period was the armed conflict in Ukraine, which generated significant rises in the oil and natural gas prices and was the start of a new energy crisis. We believe the change of the energy independence strategy will have a significant impact on the investment volume in the energy sector, which will show in an increase of business volume of our company.”
Prospectiuni Bucuresti also saw its losses narrow 57% from RON8 million last year to RON3.5 million in the first quarter. The assets decreased by 7% from RON158.6 million and provisions reached RON50.1 million, 5% lower.
(English version by Loredana Fratila-Cristescu)