Holde Agri Invest (HAI.RO), one of the largest farmland operators in Romania, saw its losses widen to RON12 million in the first half of 2024, from RON8.7 million in the same time in 2023, while operating revenue rose 12% to RON62 million. In a separate report, the company announced it replaced Liviu Zagan from his position as CEO.
The board of directors of state-run Romgaz (SNG.RO), the largest natural gas producer in Romania, on September 19 approved, based on the decision of shareholders, the establishment of the Euro Medium Term Notes Program and the EMTN Program Base Prospectus for the funding of the Neptun Deep gas project in the Black Sea, in which Romgaz owns 50%.