OMV Petrom, Romania’s sole oil and gas producer and the largest company by turnover, ended 2024 with RON35.8 billion sales, down 8% from 2023, while net profit climbed by 4% to RON4.2 billion, largely amid the elimination of the tax on refined crude oil.
Slatina-based electrical and fiber optic cable manufacturer Prysmian, part of the Italian Prysmian group, at end-February 2024 started works on a new production line for medium voltage electrical cables, at its factory in Slatina.
Timisoara-based fuel wholesaler Artoil, held by entrepreneurs Alexandra and Alex Bunceanu, expects 25% growth in revenue in 2025 compared with 2024, as a result of both new partnerships and expansion.