Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, seeks shareholder vote on April 29 for distribution of RON60 million dividends from the RON65.8 million net profit of 2024.
The assets of Banca Transilvania (TLV.RO), the leader of the Romanian banking market, are set to increase by 14% to RON210 billion in 2025, as a result of the increase in the gross lending volume by some 19% to RONI104 billion, so the Cluj-based lender will cement its leading position.
Farmacia Ardealul, a chain of 11 pharmacies in Piatra Neamt that started 32 years ago, posted 8% growth in revenue to more than RON90 million in 2024, according to ZF’s calculations.
Automotive component maker Optibelt Power Transmission, the local subsidiary of Germany’s Arntz Optibelt expects 2025 revenue to be the same as in 2024, when it stood at RON317.3 million (EUR63.4 million), the data the company supplied show.
Comtim Romania, formerly Smithfield Romania, the largest actor on the pork market in the country, has opened a store in Bucharest, its first outside its home of Timisoara, where it has only one store inside its factory.
Distributie Energie Oltenia (DEO), the electricity distribution company in the Oltenia region and one of the four electricity distributors in Romania, has signed an agreement with a bank syndicate to refinance debt and secure RON1.76 billion in new funding.