Oil drilling company Foraj Sonde Videle posted RON167.3 million turnover in 2024, up 29.2% from 2023.
Rompetrol Well Services, one of the leading wellbore special services companies in Romania, registered RON10.3 million net profit in 2024, 12.6% below the 2023 level.
Trump’s 25% threatened tariffs on EU products risk to pummel the local economy as the US is Romania’s second largest trade partner after UK, reveals an analysis by iBanFirst, a leading global provider of foreign exchange and international payments.
Turism, Hoteluri, Restaurante Marea Neagra, a company that manages several seaside hotels, for 2024 reported RON9.8 million net profit, down 72% from 2023. Operating revenues halved to RON33.3 million.
Cable producer Romcab Targu-Mures, which is under judicial reorganization and whose main stakeholder has entered bankruptcy, ended 2024 with a gross loss ahead of taxation of RON113.6 million, after RON15.9 million profit in 2023.
German retailer Lidl on Thursday, February 27, opened four new stores, in Ploiesti, Galati, Campina and Bolintin Vale.