Electronic device maker Visual Fan, which owns Allview brand, for the first three quarters of 2024 reported RON5.1 million net profit at group level, up 56% from the same period of 2023.
Fuel wholesaler JT Grup Oil ended the first nine months of 2024 with RON5.9 million net profit, 69% above the year-earlier level.
Holde Agri Invest, one of the largest farmland operators in Romania, registered RON16 million losses during the January-September period, from a RON22.9 million negative result in the year-earlier period.
Romania managers expect rising prices in the processing industry, constructions, retail trade and services in the next three months, in line with a survey conducted by the country’s statistics board INS.
CFA Romania financial analysts’ economic growth outlooks continue to deteriorate, with the latest survey pointing to a 1.6% value, while for 2025 the economy is expected to decelerate to a real GDP growth rate of 1.4%. Some respondents also forecast a recession.
Electrica, a major player on Romania’s electricity distribution and supply market, is readying to list bonds on the Bucharest Stock Exchange, announced Alexandru Chirita, the company’s CEO.