Romania Feed

State-owned Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest issuer listed on the Bucharest Stock Exchange by market capitalization, posted RON1.3 billion net profit in the first quarter of 2024, down 23% compared with the same period in 2023, while revenue decreased by 22% to RON2.5 billion.

SIPEX (SPX.RO), one of the largest distributors of building materials and finishes in Romania, with 27 years in business on this segment, posted RON69.3 million revenue in the first quarter of 2024, an increase of 10% compared with the year-ago period, driven by increased sales in all three distribution channels.

Farmaceutica Remedia Group (RMAH.RO), with activities in drug wholesale for pharmacies, but also for clinics and private hospitals, in pharma retail and sale of robots for pharmacies, reported a turnover of RON172.6 million for the first three months of 2024, up 26.7% compared to the same period of 2023, as per its financial report submitted to the Bucharest Stock Exchange.

Tub Integral, a distributor of electrical materials and lighting fixtures, held by the Tarmure family from Bistrita, reported a turnover of RON75.7 million (EUR15.3 million) for 2023, up 7% from RON70.6 million (EUR14.3 million) in 2022, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.

Telecommunications operator Digi (DIGI.RO) on Tuesday evening notified the Bucharest Stock Exchange about its subsidiary RCS&RDS having taken out a loan from Citibank to develop operations in Romania and Spain, while Digi Spania Telecom reached a loan agreement with Banco Santander.

Romania's current account deficit stood at EUR3.94 billion in January-March 2024, slightly lower than the EUR3.96 billion level reported in the same period of 2023, central bank data showed on Tuesday (May 14, 2024).

Industrial material manufacturer Comelf Bistrita (CMF.RO) reported total operating revenue of RON41.8 million in January-March 2024, down 14.35% on the year, as per its financial report sent to the Bucharest Stock Exchange.

Romania's annual inflation decreased to 5.9% in April 2024, compared to 6.6% in March 2024 and 7.2% in February 2024, data from the country's statistics board INS showed on Tuesday (May 14).

Irish retailer Primark, which opened its first Romania store in December 2022, plans to add its fourth store locally, in Vivo! shopping center of Cluj-Napoca.

Romania stands all chances to become a genuine regional hub in the field of logistics, production and cross-border services, reveals an analysis of consulting firm Frames.

Photon Energy has signed a senior secured loan agreement worth up to EUR15 million with the European Bank for Reconstruction and Development (EBRD) that will finance the construction and completion of the company’s portfolio of six photovoltaic parks, with a total 29 MWp capacity, in Romania.

Romania’s national power transmission company Transelectrica generated RON103 million net profit in the first quarter of 2024, up 29% from the year-earlier period, while operating revenues reached RON532 million, up 7%.

Clubul Sportiv United Galați conduce în finala Ligii 1 cu 2-0 de futsal cu CSF CFR 1933 Timișoara și mai are nevoie de un succes pentru a obține cel de-al patrulea titlu de campioană a României

Un ofiţer al armatei irakiene şi patru soldaţi au murit luni în atacul asupra poziţiei lor din provincia Salaheddine (centru), au indicat responsabili din Ministerul Apărării,

CSO Voluntari este cu un pas mai aproape de medaliile de bronz în Liga Naţională de baschet masculin, după ce a învins-o pe FC Argeş Piteşti cu scorul de 96-62 (20-21, 18-11, 29-10, 29-20), luni seara, pe teren propriu

Statele Unite fac „tot ce este omeneşte posibil” pentru a furniza rapid arme Ucrainei, care se confruntă cu o nouă ofensivă rusă, a declarat consilierul pentru securitate naţională de la Casa Albă, Jake Sullivan

Evoluția discursului armatei ucrainene în actualizările din ultimele trei zile surprinde întreaga situație de pe front: „Lupte defensive în curs de desfășurare”; „S-a înrăutățit în mod semnificativ”; „Succes tactic” rusesc, se arată într-o analiză CNN.

German-held discount retailer Lidl, the leader of the Romanian food retail sector by turnover, was the sixth largest importer on the local market in 2023, with direct imports worth EUR1.5-2 billion, in line with estimates by Ziarul Financiar (ZF) daily based on data from Romania's statistical board INS and data previously provided by the company.

Tenismena Irina Begu a fost învinsă fără drept de apel de americanca Danielle Collins, cu 6-0, 6-3, luni seara, în optimile de finală ale turneului WTA 1.000 de la Roma, dotat cu premii totale de 4.791.105 euro

La 14 mai 1643, Ludovic al XIV-lea a devenit rege al Franţei la vârsta de 4 ani. La 14 mai 1957, a murit Camil Petrescu, iar în anul 1998 a murit Frank Sinatra.