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Connections Consult group, a provider of IT solutions and services, registered RON19.41 million revenues in the first quarter of 2025, up 15% from the year-earlier period. It went back into the black with net profit of around RON790,000 in Q1, from a RON1.7 million loss in Q1/2024.
Textile manufacturer Pandora Prod, owned by Simiz family, for 2024 reported turnover worth RON218.5 million (EUR43.9 million), down 25.2% from 2023, in line with ZF calculations based on Finance Ministry data.
Precast concrete part maker Prefab Bucuresti (PREH.RO) swung to a RON4.2 million loss in the first quarter of 2025 from a RON86,000 net profit in the first quarter of 2024, it said in its financial report to the Bucharest Stock Exchange.
The manufacturer of reinforced and prestressed precast concrete parts Prebet Aiud (PREB.RO) ended the first quarter of 2025 with RON15.8 million revenue, 150% higher than in the first quarter of 2024.
IULIUS and Atterbury Europe have completed the expansion process of Mall Suceava, which has therefore grown to 60,000 square meters of retail space.
Romania's central bank has decided in its Board meeting on Friday (May 16, 2025) to keep its key interest rate unchanged at 6.5% a year.
Green Tech International (GREEN.RO), the company that supplies geothermal water in Calimanesti-Caciulata, posted RON575,000 net profit in the first three months of this year, 74% below the level recorded in the same period in 2024, RON2.23 million.
National oil carrier via pipelines and tanker railcars Conpet Ploiesti (COTE.RO) posted RON11.7 million net profit in the first quarter of 2025, 9.8% lower than in the same time last year and 57% higher than set in the spending and revenue budget.
Ropharma (RPH.RO), one of the top five pharmaceutical groups in Romania, with integrated operations from pharmaceutical production to distribution, pharmacies and hospital, announced RON1.1 million net profit in the first quarter of 2025, slightly up from the RON1 million in the first quarter of 2024.
Pharmaceutical producer Zentiva (SCD.RO) posted RON55.2 million net profit in the first quarter of 2025, 25.5% lower year-on-year, while revenue stood at RON271.3 million, 1.9% higher, according to ZF’s calculations based on the data in the quarterly financial report.
Rompetrol Rafinare (RRC.RO), the operator of the Petromidia refinery, ended the first quarter of 2025 with a $37.3 million loss, up from a loss of $23.8 million in the year-ago period.
Chemical industry company Sinteza Oradea (STZ.RO) posted RON1.82 milion consolidated loss in the first quarter of 2025, as the operating revenue of RON101,000 was unable to offset the operating expenses of RON1.86 million.
The three-month ROBOR index edged up on Friday, May 16, and reached 7.39%, from 7.29% on Thursday.
Patria Bank, a Romanian bank focused on supporting local entrepreneurial businesses ended the first quarter of 2025 with RON10 million net profit, up 24% from the year-earlier period amid the consolidation of its commercial activity and operational optimization.
Raiffeisen Bank Romania and Raiffeisen Bank International finance with over EUR28.7 million the development of the photovoltaic park of Teius, Alba county, operated by Danish company Eurowind Energy and developed in partnership with Teius Solar SRL.
Corrugated cardboard maker Vrancart (VNC.RO) posted RON118 milion revenue in the first quarter of 2025, slightly lower than in the year-ago period.
Biodegradable and compostable packaging maker Promateris (PPL.RO), posted RON28 million revenue in the first quarter of 2025, an increase of 16% on the year-ago period, it said in its first quarter financial report.
Real estate developer Impact Developer & Contractor (IMP.RO) posted RON86.9 million revenue in January-March 2025, 112% higher than in the same time in 2024.
Rompetrol Well Services (PTR.RO), the wellbore special services unit of Rompetrol, posted RON187,622 net profit in the first quarter of 2025, down from RON1.98 million in the first quarter of 2024.
French-held retailer Carrefour, one of the most powerful actors in retail in Romania, will open more than 30 stores in the country this year, especially smaller ones. They will complement the already existing about 450 - hypermarkets, supermarkets, modern convenience stores, a mix of discount and cash & carry and online retail.18957 items