Trencadis, a local tech company specializing in the development and implementation of complex software solutions for the governmental and business sectors, expects a 30% turnover increase by end-2024, to over RON217.1 million (EUR43.6 million) and over 40% higher net profit than in 2023.
Covaciu family is considering moving IPEC Alba Iulia to another country because of recent years’ energy price evolution and the government’s inability to secure predictability and a level playing field for Romanian producers.
Salt Bank, which has a EUR5 million bond issue with an 8.5% yearly yield and maturing on December 18, 2024 listed on the Bucharest Stock Exchange, posted RON31 million losses in the first half of 2024, as the bank prepared for the launch of its mobile app. The losses in the first half of 2023 stood at RON1.5 million.