Pharma producer Antibiotice Iasi in the first quarter of this year generated total revenues of RON180 million, down 6%, and net profit of RON32.6 million, 13% lower than the year-earlier level.
Hidroelectrica, Romania’s largest green energy producer, in the first quarter of this year registered RON589 million net profit, 56% lower than in the same period last year amid declining energy production, while revenues dropped by 26% to RON1.9 billion.
Focsani-based packaging maker Electric, owned by Buzaianu family, for 2024 reported turnover worth RON90.9 million (EUR18.3 million), up almost 43.3% from 2023, in line with ZF calculations based on Finance Ministry data.
Despite remaining flat in April 2025 against the previous month, prices of old 3-room Bucharest apartments have surged in the past year. In line with the ZF real estate index compiled together with consulting company SVN Romania, the average price reached EUR121,153 in April, up almost 14% from the same month of 2024.