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SIPEX Company (stock symbol: SPX), one of the largest distributors of building materials and finishes in Romania, reported a turnover of RON66.5 million for the first quarter (Q1) of 2025, down 4% against the same period of 2024, as per the company's financial report for Q1/2025.
Alternative investment fund Transilvania Investments Alliance in the first three months of 2025 generated RON38.9 million net profit, up 133% from Q1/2024.
The Bucharest Stock Exchange, the operator of the local capital market and a majority stakeholder in the Central Counterparty (CCP) and the Central Depository, in the first quarter of 2025 posted a RON1.19 million loss at group level from the RON2.96 net result reported in Q1/2024.
Romania’s national grid company Transelectrica in the first quarter of 2025 registered RON158 million net profit, up 52%, and RON1.4 billion revenues, down 29%.
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.
Engineering and technology company Simtel Team S.A. (stock symbol: SMTL), one of the national leader in Romania's renewable energy sector, reported consolidated operating revenues of RON79.9 million for the first quarter (Q1) of 2025, up 70% compared to the same period of 2024, as per the company's financial report for Q1/2025.
Transilvania Broker de Asigurare (stock symbol: TBK), one of the largest insurance brokers on the local market, reported loss of RON1.2 million for the first quarter of 2025 versus net profit of almost RON850,000 recorded in the same period of 2024.
Romania's Finance Ministry raised RON1.6 billion from banks on Tuesday (May 13), selling government paper in two auctions, at annual average yields of 3.82% and 3.52%, respectively.
Banca Comerciala Romana (BCR) has granted EUR18.5 million in financing to a company within Italian group Alerion Clean Power, a key player in the renewable energy market, for the construction of a photovoltaic project with an installed capacity of 35 MW, located in Calarasi County.
Bathroom furniture producer Savini Due, controlled by Italian businessman Piersante Savini, has inaugurated its new factory in Sebes (Alba County), which entailed an investment of almost EUR40 million covered from the company's own sources and bank loans.
tbi bank has increased to 8% per year the interest rates on 1-month term deposits in lei for individuals.
The share capital of steelmaker Liberty Galati was increased by RON730 million by incorporating a EUR145 million debt held by the company's majority shareholder Liberty Holdco Galati & Skopje Limited.
Libra Internet Bank has increased the interest rates on deposits in lei for both individuals and legal entities, starting May 13, 2025.
Hygienic tissue paper producer Elfi, which has a factory in Albota (Arges County), announces investments of EUR10 million in 2025 for the expansion of production capacity and targets a 15% increase in turnover.
Oil terminal operator Oil Terminal, in which the Romanian state holds an 88% stake, reported RON10.3 million net profit during the January-March 2025 period, 64% below the level of the year-earlier period.
Romania's annual inflation rate remained unchanged in April 2025, at 4.9%, compared to March 2025, data from the country's statistical office INS showed on Tuesday (May 13).
Safetech Innovations, a Romanian cybersecurity company with offices in Bucharest, London, Abu Dhabi and Ryad, at individual level registered a RON3 million net profit in the first quarter of 2025, up 11% from the year-earlier period, RON13.2 million revenues, down 13% from Q1/2024, and RON9.3 million turnover, 21% lower.19531 items