Auto parts maker Compa Sibiu (CMP.RO) posted net profit of just over RON5 million in January-September 2024, down to half of the year-ago period’s level.
THR Marea Neagra (EFO.RO), which manages several hotels on the Romanian Black Sea coast, posted RON9.1 million net profit in the first nine months of 2024, half as much as in the year-ago period (RON18.3 million). Operating income stood at RON23 million, a decline of 42.7% compared with January-September 2023 (RON40.1 million).
The European Commission has slashed its real GDP growth forecast for Romania to 1.4% in 2024 from the 3.3% estimated in the spring, the EC said on Friday (November 15).