The Bucharest Stock Exchange (BVB), the operator of Romania capital market, for 2024 reported RON77 million consolidated operating revenues, down 7% from the previous year, and RON10.65 million net profit, 60% lower.
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a preliminary turnover of RON1.4 billion for 2024, 7% lower than in 2023, and net profit of RON381 million, down 15% year-on-year.
Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the European Bank for Reconstruction and Development (EBRD) in its latest report.
Romanian fashion brand Ami Amalia, founded by entrepreneur Amalia Saftoiu, is seeking an investor to aid it step up direct development of the business in Europe.
Santierul Naval Orsova (SNO.RO) shipyard ended 2024 with ROIN5.94 million net profit, an increase of 71.9% on 2023, while revenue stood at RON99.8%, 0.3% higher.
Engineering and technology company Simtel, a national leader in renewable energy, on Wednesday notified the capital market of having chosen Raiffeisen Bank as intermediary for a potential corporate bond issuance.