Romania's central bank predicts a more pronounced acceleration of the country's economic growth in 2024 and 2025 than in previous forecasts, amid a slowdown in inflation and the recovery of external demand, expecting household consumption to become again the main GDP growth driver in 2024.
KADRA, the leading provider of integrated solutions for automation and access management in Romania, reported a turnover of RON62.5 million for 2023, up over 22% on the year, and its net profit is estimated at over RON4 million for the same period.
Shipbuilder Santierul Naval Orsova (SNO.RO) ended 2023 with a turnover of RON99.5 million, up 72% on the year, and a net profit of RON3.4 million compared to loss of RON4.2 million in 2022, as per its financial report published at the Bucharest Stock Exchange on Monday (Fe 26).
OMV Petrom, the largest integrated energy producer in Southeastern Europe, on Monday (Feb 26) announced the signing of two financing contracts through the National Recovery And Resilience Plan (NRRP) for the construction of two production facilities for green hydrogen with a total capacity of 55 MW at the Petrobrazi refinery