UCM Resita, a company taken over last year by Hidroelectrica, for 2024 reported RON5.55 million turnover, down 85% from 2023. However, the company switched to RON20.5 million profit, from RON12.4 million losses in 2023.
Liberty Galati, the largest integrated steel producer in Romania, has announced it would enter an agreement with creditors amid political upheaval, the new tariffs imposed by the US over steel imports and the lack of real steel industry protection moves at EU level, considering this is the best form to stabilize its business.
E.ON Energie Romania, part of German group E.ON, in 2024 completed and delivered 34 photovoltaic plants to a similar number of partner companies, with the total value of projects reaching almost EUR10 million.
The extraordinary general meeting of Ropharma shareholders on March 3 decided to increase a loan contracted from ING Bank by EUR2.35, more exactly from EUR12.95 million to EUR15.3 million.
Hidroconstructia, which went insolvent in early 2022 and was subsequently taken over by Electromontaj group, in 2024 posted profit worth over EUR3.1 million.
Private investment firms Cerberus and Revetas are considering the sale of the Radisson Hotel on Calea Victoriei in Bucharest, after having sold the Landmark office space complex in the same city in 2024, market sources say..
Romania sold 67,000 tons of sweet biscuits in retail, worth a total of RON2.5 billion (EUR500 million), Euromonitor International data show.