Transgaz (stock symbol: TGN), the national gas transmission system operator, reported net profit of RON516.6 million for January-March 2025, compared to RON257.9 million reported in the same period of 2024, as per its quarterly financial report.
IT infrastructure and security integrator Arctic Stream (stock symbol: AST) ended the first quarter (Q1) of 2025 with a 49% decline in revenue due largely to shifting certain projects and the delay of investment-related decisions by some of the company's clients, as per a press statement.
98% of CEO respondents are concerned about tariff increases affecting their companies’ operations and sales in the next 12 months, with 50% very or extremely concerned, as per the latest EY-Parthenon CEO Outlook Survey, which evaluates the views and optimism levels of 1,200 global business leaders at many of the world’s leading companies.
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, grew to 7.29% on Thursday (May 15) after two consecutive days of stagnation.
The average net salary in Romania stood at RON5,691 (EUR1,114) in March 2025, higher by 9.8% in nominal terms compared to March 2024 and by 4.7% relative to the evolution of consumer prices, data from the country's statistical office INS showed on Thursday (May 15, 2025).
Romania's economy edged 0.2% higher in unadjusted data and 0.5% higher in seasonally adjusted data in the first quarter (Q1) of 2025 compared to the same quarter of 2024, flash estimates from the country's statistical office INS showed on Thursday (May 15).
ROCA Industry, Romania’s first industrial holding, specializing in building materials, owned by ROCA Investments, registered a RON6.2 million loss in the first three months of this year, from a loss of around RON300,000 in the same period of 2024.
Romanian state-owned natural gas producer and supplier Romgaz in the first quarter of 2025 generated RON951 million net profit, down 24.6% from the year-earlier period and up 2% from Q4/2024.
Office space demand slowed down in the first quarter of 2025 in CEE, a trend also visible in Bucharest, where companies leased 51,300 square meters in the first three months, down 44% from the year-earlier period, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
Pharma producer Biofarm in the first quarter of 2025 registered sales revenues of RON95 million, up 33%, and RON32 million net profit, 57% above the Q1/2024 level.
Private healthcare provider MedLife in the first quarter of 2025 posted consolidated pro forma turnover worth RON779 million, 20% higher than the year-earlier level. Profit dropped by 19% to RON10 million.