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Danube freight carrier TTS reported RON387.2 million revenues for the first nine months of 2024, down 43% from the year-earlier period.
Tech company 2Performant Network, the biggest player on Romania’s affiliate marketing, posted RON34.6 million turnover in the first three quarters of 2024, up 7.3% from the year-earlier period.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, announces that Transocean Barents, the semi-submersible mobile offshore drilling unit contracted for Neptun Deep, arrived in Constanta.
Real estate developer One United Properties has contracted a loan facility from Erste Group Bank AG and BCR to finance One Technology District project, a building entirely leased by IT company Infineon Technologies for a 15-year term starting from its delivery.
Sipex, a building materials supplier listed on the AeRO market of BVB, in the first nine months of 2024 posted RON252 million turnover, up 7%, and RON1.44 million net profit, 52% lower, mainly on the new minimum turnover tax amounting to RON2.56 million.
Cigarette wholesaler Punctual Comimpex for 2023 reported turnover worth RON1.063 billion (EUR215 million), up 16.4% from 2022, in line with ZF calculations based on Finance Ministry data.
Timisoara-based fuel supplier Artoil, controlled by entrepreneurs Alexandra and Alex Bunceanu, expects to end 2024 with 10% higher turnover than in 2023, at RON1.313 billion (around EUR264 million), in line with ZF calculations based on company and Finance Ministry data.
Suceava-based brewer Bermas reported RON2.7 million net profit in the first nine months of 2024, almost double the year-earlier level, amid RON34.2 million revenues, 17.5% higher.
EnergoNuclear, a Nuclearelectrica fully owned subsidiary, and FCSA Joint Venture comprised of Fluor B.V., Fluor Energy Transition Inc. Wilmington Sucursala Bucuresti, Candu Energy Inc., (an AtkinsRealis company), Ansaldo Nucleare S.p.A., S&L Engineers, Ltd. and Sargent & Lundy Energie S.R.L signed the Engineering, Procurement and Construction Management (EPCM) LNTP phase contract for the advancement of Cernavoda NPP Units 3 and 4 at COP 29 in Baku, Nuclearelectrica said in a statement.
Fondul Proprietatea (FP.RO) ended the first nine months of 2024 with RON209.6 million net profit, compared with a loss of RON968.9 million in the year-ago period. Gross dividend income stood at RON145.8 million, lower than the RON962.8 million in January-September 2023, when net operating income went from minus RON502.5 milion to plus RON238.4 million.
Auto parts maker Compa Sibiu (CMP.RO) posted net profit of just over RON5 million in January-September 2024, down to half of the year-ago period’s level.
THR Marea Neagra (EFO.RO), which manages several hotels on the Romanian Black Sea coast, posted RON9.1 million net profit in the first nine months of 2024, half as much as in the year-ago period (RON18.3 million). Operating income stood at RON23 million, a decline of 42.7% compared with January-September 2023 (RON40.1 million).
The European Commission has slashed its real GDP growth forecast for Romania to 1.4% in 2024 from the 3.3% estimated in the spring, the EC said on Friday (November 15).
Moody's Ratings has today affirmed the Baa2 long- and short-term deposit ratings and the Baa3 long- and short-term issuer ratings of Banca Transilvania S.A. (TLV.RO). The outlook on the long-term deposit and issuer ratings was changed to positive from stable.
Winemaker Purcari (WINE) posted RON262 million revenue in the first nine months of 2024, an increase of 4% year-on-year, while the net profit went down 1% to RON43.3 million, the group said in a report to the Bucharest Stock Exchange.
Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, ended the first nine months of 2024 with a net profit of RON3.5 billion, 32% lower than in the year-ago period, it said in its financial report published on bvb.ro on Thursday evening.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies’ RON-denominated current loans, on Friday, November 15 climbed to 5.58% from 5.56% on November 14, the first day the index rose above the 5.55% level it had stalled at since September 3, 2024.
ROCA Industry, a Romanian holding specializing in building materials production, for January-September 2024 reported RON12.5 million net profit at a consolidated level, from a RON7.3 million loss in the year-earlier period.
Taparo, a Maramures-based furniture manufacturer, has entered insolvency, in line with a decision by Maramures Tribunal.
Plastic packaging producer Romcarbon in the first nine months of 2024 logged RON4 million losses at an individual level, from RON5.3 million profit in the same period of 2023, as the company last year sold a RON4 million land plot to Lidl.19990 items