Rompetrol Well Services, one of the leading wellbore special services companies in Romania, registered RON10.3 million net profit in 2024, 12.6% below the 2023 level.
Trump’s 25% threatened tariffs on EU products risk to pummel the local economy as the US is Romania’s second largest trade partner after UK, reveals an analysis by iBanFirst, a leading global provider of foreign exchange and international payments.
Turism, Hoteluri, Restaurante Marea Neagra, a company that manages several seaside hotels, for 2024 reported RON9.8 million net profit, down 72% from 2023. Operating revenues halved to RON33.3 million.
Cable producer Romcab Targu-Mures, which is under judicial reorganization and whose main stakeholder has entered bankruptcy, ended 2024 with a gross loss ahead of taxation of RON113.6 million, after RON15.9 million profit in 2023.