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Delgaz Grid, part of the E.ON Romania Group, in 2023 carried out the largest investments of the last 18 years, which targeted the natural gas and electricity distribution networks, and exceeded RON874 million (around EUR177 million).
The CONFIDEX index, which determines Romanian managers' confidence in the economy, shows that the proportion of managers who declare themselves optimistic about the situation of the Romanian economy has grown to 34%, compared to 26% in the previous semester, while 38% of them remain cautious, as per the latest CONFIDEX survey for the first half of 2024.
RCS & RDS, one of the leading providers of convergent electronic communication services in Romania, has announced that it has changed its name to Digi Romania, effective May 15, 2024.
Plastic packaging producer Romcarbon ended the first three months of 2024 with a net loss of RON1.5 million at an individual level, from a positive result of RON3.2 million in the same period of 2023.
Arctic Stream, an IT security and infrastructure integrator, for the first three months of 2024 reported RON1.98 million net profit, down 10% from the year-earlier period, and RON1.8 million operating income, 35% lower.
Patria Bank in the first three months of 2024 recorded net profit worth RON8 million, up 171% from the year-earlier period. The result incorporates the new tax on turnover of 2% applicable to credit institutions starting with 2024.
Chemicals producer and supplier Chimcomplex switched to profit of RON7.4 million in the first three months of 2024, after a RON8.3 million loss in Q1/2023.
Real estate developer Impact Developer & Contractor (IMP.RO), reported net loss of RON7.5 million for the first quarter of 2024, compared to loss of RON8 million in the same period of 2023, as per its quarterly financial report.
ROCA Industry, the first industrial holding in Romania, specialized in construction materials, listed on the main market of the Bucharest Stock Exchange under the symbol ROC1, recorded a cumulative turnover of RON141.5 million in the first quarter of 2024, according to the report for the first three months of 2024.
Electricity supplier and distributor Electrica (EL.RO) reported net profit of RON127.7 million for the first quarter of 2024, compared to net loss of RON43 million in the same quarter of 2023, as per its quarterly financial report.
Alternative investment fund BT Property has announced on Wednesday (May 15) the acquisition of Funshop Park Turda from Polish group Scallier.
Alternative investment fund Lion Capital posted RON11.3 million net profit and RON4.3 billion net assets in the first quarter of 2024, an increase of 30% on the same quarter of 2023, it said in the report published on the Bucharest Stock Exchange on Wednesday.
Brick manufacturer Cemacon (CEON.RO) ended the first quarter of 2024 with a net loss of RON3.7 million, from a profit of RON12.8 million in the year-ago period, while revenue stood at RON38.7 million, 18% lower.
Alternative investment firm Evergent Investments (EVER.RO) ended the first quarter of 2024 with RON3.2 billion in total assets, an increase of 32% on the year-ago period, and a net result of RON78 million, accounting for 81% of the 2024 budgeted level, it said in its financial report published on the Bucharest Stock Exchange on Wednesday.
Port operator Socep Constanta (SOCP.RO) reported total revenue of RON51.5 million for the first three months of 2024, up 3.5% from the same period of 2023, as per its financial report.
Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) reported net profit of RON13 million for the first quarter of 2024, down 28.1% from the same period of 2023.
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) ended the first quarter of 2024 with net loss of RON5 million, from RON3.5 million profit in the same period of 2023, as per its financial report published at the Bucharest Stock Exchange.
Artsani DIY stores in Prahova County posted total sales of RON149 million in 2023, 15% lower than in 2022, latest data about Artsani Com on the Finance Ministry website show.
Drugmaker Zentiva (SCD.RO), held by Prague-based Zentiva Group, reported net profit of RON74.2 million for the first quarter of 2024, compared to RON42.7 million in the same period of 2023, and a turnover of RON266 million, from RON230 million in the first quarter of 2023, as per its quarterly financial report published at the Bucharest Stock Exchange.
The shares of telecommunications operator Digi (DIGI.RO) will be included in the structure of the MSCI Frontier Markets Index, following the revision of the list by the equity index provider. All modifications will be implemented at the close of May 31, 2024.19015 items