Real estate developer Impact Developer (stock symbol: IMP) ended the first half of 2024 with loss of RON12.8 million, compared with net profit of RON34.3 million in the same period of 2023, amid high financial costs which were not capitalized in 2024, as per its half-yearly financial report.
Romanian-held airline AnimaWings announces the launch of a regular route between Bucharest and Dubai starting December 27, 2024, with a frequency of two flights a week.
Flaros Bucuresti (stock symbol: FLAO), a company specialized in leasing own spaces from the portfolio of Infinity Capital Investments (formerly known as SIF Oltenia), reported net profit of RON1.7 million for the first half of 2024, up 43% from the year-earlier period, as per its half-yearly financial report.
Fuchs Condimente Romania, part of Germany's Fuchs Group and one of the largest spice producers in the local market, has invested EUR14 million to expand its factory in Curtea de Arges and automate production processes.
Israel’s Nofar Energy, one of the leading renewable energy investors in Romania, has signed a loan facility agreement and a VAT facility agreement totaling EUR122 million with the European Bank for Reconstruction and Development (EBRD) and Raiffeisen International, as lenders.