Insurance broker Transilvania Broker de Asigurare (TBK.RO) reported revenue of RON107 million for 2024, lower than RON111 million recorded in 2023, and net profit of RON2.5 million, down 67% on the year, considering that the prolonged impact of the caps in the motor third party liability (MTPL) insurance sector eroded the company’s revenues.
Engineering and tech group Simtel Team, leader in the field of renewable energy in Romania, reported net profit of RON36.7 million in 2024, up 35% against 2023, as per the preliminary financial report.
Chimcomplex (CRC.RO), the largest chemical producer in Romania, with two sites - in Onesti and Ramnicu Valcea, has called shareholders to approve among others an up to EUR60 million loan from any sources, banking and non-banking, and the sale of non-core assets up to EUR20 million, it said in a report to the Bucharest Stock Exchange.
Cupio, the Romanian cosmetics brand launched by entrepreneurs Raluca and Razvan Stefanescu 13 years ago, ended 2024 with a turnover of EUR22.8 million, at a group level, up 9.5% year-over-year, and a network of 25 physical stores nationwide.