Mobility network Autonom Services, held by brothers Marius and Dan Stefan, ended the first half of 2024 with a net profit of RON18.8 million, up 53% from the first half of last year.
IAR Brasov (IARV.RO), which manufactures and repairs spare parts for helicopters, recorded a net profit of RON20.2 million in the first half of 2024, 55.5% below the level in the year-ago period.
Farmaceutica Remedia, a major player on the drug wholesale market, registered RON355.2 million revenues in the first half of 2024, 24% above the H1/2023 level.
Romania’s National Defense Ministry this week launched the bill needed in order to buy fifth generation F-35 fighter jets as proposed by US’ Lockheed Martin. According to official information, Romania should sign for the acquisition of the 32 F-35 jets at the end of this year or early in 2025.
Libra Internet Bank, part of US investment group New Century Holdings (NCH), in the first half of 2024 registered RON149.5 million net profit, down from RON160.7 million in H1/2023.
Sphere Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, in the first half of 2024 doubled its net profit to around RON41 million amid expense control, while sales climbed by 6% to RON740 million.
Real estate developer One United Properties, controlled by entrepreneurs Victor Capitanu and Andrei Diaconescu is convening its shareholders for October 11 to approve, among other things, the distribution of interim dividends. The payment date would be November 11.
Furniture manufacturer Laguna Euromob for 2023 reported turnover worth RON76.8 million (EUR15.5 million), down 3.3% from 2022, in line with ZF calculations based on Finance Ministry data.
Craiova-based Softronic, the only manufacturer of electric locomotives and multiple units in Eastern Europe, estimates it will end 2024 with 25% higher turnover than in 2023.
Local company TOP TECH, a business solutions integrator, posted a loss of more than RON1.6 million (EUR334,000) at the end of 2023, from a profit of RON573,644 (more than EUR115,000) in 2022, Finance Ministry data show.
Aquila Part Prod Com (AQ.RO), an entrepreneurial fast-moving distribution and logistics company, on Thursday evening notified the Bucharest Stock Exchange that the privately managed pension fund Metropolitan Life and Metropolitan Life Asigurari MetLife Europe had slightly exceed the 5% stake threshold in it.
The board of directors of franchise operator Sphera Franchise Group (SFG.RO) has called shareholders for an ordinary general meeting on October 7 to vote on the distribution of a special dividend of RON1.05 per share from the undistributed net profit of 2023.
E.ON Energie Romania has installed more than 3,500 photovoltaic systems at residential customers in the first eight months of 2024, eight times more than in the year-ago period.
Park Properties, the developer of SunLake Residence, located on the shores of Lake Fundeni in Bucharest has successfully finalized the sale of all apartments in the first two 12-story buildings of the residential complex and is preparing to start construction of the third phase, an 18-story building.
Deliveries of new retail spaces in Romania in the first half of 2024 totaled 87,400 square meters, significantly up from 30,000 square meters completed in the similar period of 2023, an evolution fueled particularly by the development activity of the second quarter, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
Meta Estate Trust, a holding company operating in the real estate field, in the first half of 2024 posted RON6.3 million net profit, double the H1/2023 one.
Starting September 1, 2024, Mihai Tanase, 38, is the new Marketing Director of Dacia brand in Romania and the Republic of Moldova. He will directly report to Mihai Bordeanu, General Manager of Automobile Dacia.