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Industrializarea Carnii Kosarom, the largest company in the entrepreneurial group Kosarom, posted RON251 million revenue in 2024, 1.5% lower than in 2023, Finance Ministry data show.
Travel agency Paralela 45, one of the largest actors on the local travel market, held by Alin Burcea, has attracted a strategic investor, which bought 70% in it, and will be merging with Rainbow Tours Poland, one of the largest travel agencies in that country.
The seasonally adjusted gross domestic product (GDP) grew by 1.4% in the European Union (EU) in the first quarter of 2025 compared with the same period of 2024, with significant variations between the EU Member States, according to a flash estimate published by Eurostat, the EU's statistical office, on Thursday (May 15).
Romania's energy output decreased by 6.1% year-over-year in January-March 2025, to 4.209 million tons of oil equivalent (TOE) due to a decline in hydro and wind power generation, the country's statistical office INS said on Thursday (May 15), citing provisional data.
Romania's Finance Ministry raised RON867 million from banks on Thursday (May 15), selling discount treasury bills (T-bills) due in 2026, at an annual average yield of 8.34%.
Enexus, a company specializing in building medium-sized and large photovoltaic projects with storage facilities, posted about EUR23 million revenue in 2024, 10 times higher than in 2023.
Chemical producer and supplier Chimcomplex (CRC.RO), with two industrial sites in Onesti and Ramnicu Valcea, ended the first quarter of 2025 with a turnover of RON353 million, down 24% on the year, and net profit of RON5.5 million, down 26% on the year, as per its quarterly financial report published at the Bucharest Stock Exchange on May 15.
Transgaz (stock symbol: TGN), the national gas transmission system operator, reported net profit of RON516.6 million for January-March 2025, compared to RON257.9 million reported in the same period of 2024, as per its quarterly financial report.
IT infrastructure and security integrator Arctic Stream (stock symbol: AST) ended the first quarter (Q1) of 2025 with a 49% decline in revenue due largely to shifting certain projects and the delay of investment-related decisions by some of the company's clients, as per a press statement.
98% of CEO respondents are concerned about tariff increases affecting their companies’ operations and sales in the next 12 months, with 50% very or extremely concerned, as per the latest EY-Parthenon CEO Outlook Survey, which evaluates the views and optimism levels of 1,200 global business leaders at many of the world’s leading companies.
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, grew to 7.29% on Thursday (May 15) after two consecutive days of stagnation.
The average net salary in Romania stood at RON5,691 (EUR1,114) in March 2025, higher by 9.8% in nominal terms compared to March 2024 and by 4.7% relative to the evolution of consumer prices, data from the country's statistical office INS showed on Thursday (May 15, 2025).
Romania's economy edged 0.2% higher in unadjusted data and 0.5% higher in seasonally adjusted data in the first quarter (Q1) of 2025 compared to the same quarter of 2024, flash estimates from the country's statistical office INS showed on Thursday (May 15).
ROCA Industry, Romania’s first industrial holding, specializing in building materials, owned by ROCA Investments, registered a RON6.2 million loss in the first three months of this year, from a loss of around RON300,000 in the same period of 2024.
Romanian state-owned natural gas producer and supplier Romgaz in the first quarter of 2025 generated RON951 million net profit, down 24.6% from the year-earlier period and up 2% from Q4/2024.
Office space demand slowed down in the first quarter of 2025 in CEE, a trend also visible in Bucharest, where companies leased 51,300 square meters in the first three months, down 44% from the year-earlier period, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
Pharma producer Biofarm in the first quarter of 2025 registered sales revenues of RON95 million, up 33%, and RON32 million net profit, 57% above the Q1/2024 level.
Private healthcare provider MedLife in the first quarter of 2025 posted consolidated pro forma turnover worth RON779 million, 20% higher than the year-earlier level. Profit dropped by 19% to RON10 million.
Banca Transilvania (TLV.RO), the largest bank in Romania, posted RON877 milion consolidated net profit in the first quarter of 2025, down from the RON1.1 billion in the year-ago period, according to the quarterly financial report published on the Bucharest Stock Exchange on Wednesday evening.
ALRO S.A. (stock symbol: ALR), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, on May 14 announced its interim condensed consolidated financial statements for the first quarter (Q1) of 2025.18957 items