Electrica (EL.RO), a major player in the electricity distribution and supply market in Romania, made RON418.3 million net profit in the first nine months of 2023, 21.6% (or RON115.4 million) lower than in the first nine months of 2022, it said in its quarterly financial report published on the Bucharest Stock Exchange.
Real estate developer IMPACT Developer & Contractor (IMP.RO) posted RON63.8 million net profit in the first nine months of 2023, more than four times higher than the net profit of RON15 million in the same period of 2022, its quarterly financial report published on the Bucharest Stock Exchange shows.
Rompetrol Well Services (PTR.RO), one of the major suppliers of well services in Romania, ended the first nine months of 2023 with operating income of RON57.2 million, up nearly 50% on the year, as per the company's financial report published at the Bucharest Stock Exchange.
Biodegradable and compostable packaging manufacturer Promateris (PPL.RO) ended the first nine months of 2023 with a net loss of RON4.4 million, from a net profit of RON3.8 million in the same period of 2022.
Targu Mures-based fiber optic cable manufacturer Romcab (MCAB.RO) posted RON32.6 million loss in January-September 2023, down from RON85 million in the same period in 2022, it said in its report to the Bucharest Stock Exchange on Wednesday.
Forty Management, a real estate developer founded by Lucian Azoitei, has concluded a partnership with US company Crystal Lagoons to develop man-made lagoons in seven new cities across Europe: Rome, Milan, Toulouse and Seville.
Drugmaker Zentiva (SCD) posted RON124 million net profit in the first nine months of 2023, compared with RON33.6 million in the same period last year, while revenue rose to RON684 million from RON538 million.
Lender Patria Bank (PBK.RO), held by Emerging Europe Accession Fund (EEAF), ended the first nine months of 2023 with RON15 million net profit, the same as in the year-ago period (RON14.9), it said in its financial report to the Bucharest Stock Exchange on Wednesday.
Electricity and natural gas supplier E.ON Energie Romania, a member of Germany's E.ON Group, has completed the construction of a solar power plant for brick manufacturer Cemacon, a company held by the founders of do-it-yourself chain Dedeman.
Real estate developer Impact Developer & Contractor (IMP.RO), an entrepreneurial company controlled by businessman Gheorghe Iaciu, on Wednesday evening announced it was preparing a EUR3 million bond issue due in three years with a fixed coupon rate of 9% to 10%, depending on investor interest.
Biodegradable packaging maker Exonia, a business controlled by entrepreneur Tiberiu Stoian, will be taking over the assets of the former bakery plant in Romania's northeastern city of Iasi.
Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, posted $3.5 million net loss on September 30, 2023 compared with a $161.2 million net profit in the year-ago period, the company said in its financial report to the Bucharest Stock Exchange on Wednesday.