Romania's central bank has decided in its Board meeting on Friday (May 16, 2025) to keep its key interest rate unchanged at 6.5% a year.
Green Tech International (GREEN.RO), the company that supplies geothermal water in Calimanesti-Caciulata, posted RON575,000 net profit in the first three months of this year, 74% below the level recorded in the same period in 2024, RON2.23 million.
National oil carrier via pipelines and tanker railcars Conpet Ploiesti (COTE.RO) posted RON11.7 million net profit in the first quarter of 2025, 9.8% lower than in the same time last year and 57% higher than set in the spending and revenue budget.
Ropharma (RPH.RO), one of the top five pharmaceutical groups in Romania, with integrated operations from pharmaceutical production to distribution, pharmacies and hospital, announced RON1.1 million net profit in the first quarter of 2025, slightly up from the RON1 million in the first quarter of 2024.
Pharmaceutical producer Zentiva (SCD.RO) posted RON55.2 million net profit in the first quarter of 2025, 25.5% lower year-on-year, while revenue stood at RON271.3 million, 1.9% higher, according to ZF’s calculations based on the data in the quarterly financial report.
Rompetrol Rafinare (RRC.RO), the operator of the Petromidia refinery, ended the first quarter of 2025 with a $37.3 million loss, up from a loss of $23.8 million in the year-ago period.
Chemical industry company Sinteza Oradea (STZ.RO) posted RON1.82 milion consolidated loss in the first quarter of 2025, as the operating revenue of RON101,000 was unable to offset the operating expenses of RON1.86 million.
The three-month ROBOR index edged up on Friday, May 16, and reached 7.39%, from 7.29% on Thursday.
Patria Bank, a Romanian bank focused on supporting local entrepreneurial businesses ended the first quarter of 2025 with RON10 million net profit, up 24% from the year-earlier period amid the consolidation of its commercial activity and operational optimization.
Raiffeisen Bank Romania and Raiffeisen Bank International finance with over EUR28.7 million the development of the photovoltaic park of Teius, Alba county, operated by Danish company Eurowind Energy and developed in partnership with Teius Solar SRL.
Corrugated cardboard maker Vrancart (VNC.RO) posted RON118 milion revenue in the first quarter of 2025, slightly lower than in the year-ago period.
Biodegradable and compostable packaging maker Promateris (PPL.RO), posted RON28 million revenue in the first quarter of 2025, an increase of 16% on the year-ago period, it said in its first quarter financial report.