Romania's Competition Council announced on Nov 28 that it had conducted an unannounced inspection at the headquarters of the National Institute of Hydrology and Water Management (INHGA) as part of the investigation aimed at establishing whether institute is abusing its dominant position on the hydrological data supply market.
Softbinator Technologies (stock symbol: CODE), a Romanian provider of full software development services (product management, product design, software development, AI/ML development and product marketing), ended the first nine months of 2024 with profit of RON1.4 million, compared to loss of RON2.3 million reported in the same period of 2023.
IPROEB Bistrita (IPRU.RO), Romania's leading manufacturer of cables and conductors, posted a net profit of RON18 million in the first nine months of 2024, up 63.63% compared with the year-ago period, while revenue stood at RON149.4 million, 3.8% higher.