DN Agrar Group, Romania’s largest integrated livestock farm, in H1/2024 registered turnover worth RON83.3 million, up 3.6% from H1/2023.
ING Bank Romania saw its revenues rise 9.6% in the first half of 2024, to RON1.79 billion, supported by the rising number of clients and expansion of loan portfolio.
Carbochim Cluj-Napoca, Romania’s largest producer of professional abrasives, ended the first half fo 2024 with RON246,422 net profit, from RON118.9 million in H1/2023.
Agricover Holding, an entrepreneurial agricultural business, reported RON35 million net profit in the first half of 2024, from around RON1 million in the same period of 2023, while revenues dropped to RON806 million from RON1 billion.
Clifford Chance Badea advised Nofar Energy, one of the most dynamic renewable energy investors in Romania, in the signing of the agreement for the acquisition of 100% in Aviv Renewable Investment, the project company developing a 160 MW photovoltaic park in Giurgiu County.
Electricity supplier and distributor Electrica for the first half of this year reported operating income worth RON4.7 billion, down 29%, and RON102 million net profit, RON40 million below the H1/2023 level.
Ramnicu Valcea-based Don Pedro, a major Romanian producer of tissue paper, ended 2023 with RON251 million turnover, up 11% from 2002.
Local paver manufacturer Elis Pavaje of Alba county has this year started to expand the plant it has near Ploiesti, in Stoenesti locality, and plans to build a new plant in Olt county.
Alin Niculae, who controls the biggest Romanian-held oil wholesale company Oscar Downstream, is set to buy Iride Business Park office project of northern Bucharest for EUR45 million.