Geological surveying company Prospectiuni Bucuresti (PRSN.RO) ended the first quarter of 2024 with RON3.5 million net profit, an increase of 177% on the year-ago period, while revenue was 15% lower, RON47.5 million.
Romania's Finance Ministry raised RON4 billion from banks on Thursday (May 23), selling government paper in two auctions, at annual average yields of 6.03% and 6.55%, respectively.
Lidl companies in Romania (Lidl Discount SRL, Lidl Romania SCS, Lidl Romania SRL and Lidl Imobiliare Romania Management SCS) ended 2023 with a consolidated turnover of over RON22.4 billion, up 18% on the year, and net profit of nearly RON1 billion, close to 2022 level.
Innobyte, one of the leading Romanian companies specialized in services and solutions for e-commerce, ended the first quarter of 2024 with a nearly 25% increase in turnover, to RON3.3 million, compared to the same period of 2022, company representatives said in a statement.