The Fiscal Council reiterates the estimate that Romania will end 2024 with a cash budget deficit of around 8% in its Opinion on the draft of the first revision of the state budget, saying that the deficit stands at 4.53% of GDP eight months into the year.
Cluj-based dairy producer Bonas Import Export (BONA.RO), listed on the AeRO market of the Bucharest Stock Exchange, reported net profit of RON358,239 for the first half of 2024, down 27.3% compared with the year-earlier period, as per its half-yearly financial report.
Adiss (stock symbol: ADISS), a Romanian company specialized in water treatment, ended the first half of 2024 with sales revenue of RON12 million, down 36.7% year-over-year, as per its half-yearly financial report.
Romania's Finance Ministry raised RON667 million from banks on Monday (Sept 23, 2024) selling benchmark bonds, above the planned amount of RON500 million, at an annual average yield of 6.64%.