Sphere Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, in the first half of 2024 doubled its net profit to around RON41 million amid expense control, while sales climbed by 6% to RON740 million.
Real estate developer One United Properties, controlled by entrepreneurs Victor Capitanu and Andrei Diaconescu is convening its shareholders for October 11 to approve, among other things, the distribution of interim dividends. The payment date would be November 11.
Furniture manufacturer Laguna Euromob for 2023 reported turnover worth RON76.8 million (EUR15.5 million), down 3.3% from 2022, in line with ZF calculations based on Finance Ministry data.
Concrete producer Readymix Romania reported turnover worth RON146.3 million (EUR29.6 million) for 2023, up 7.3% from 2022.
Craiova-based Softronic, the only manufacturer of electric locomotives and multiple units in Eastern Europe, estimates it will end 2024 with 25% higher turnover than in 2023.
Local company TOP TECH, a business solutions integrator, posted a loss of more than RON1.6 million (EUR334,000) at the end of 2023, from a profit of RON573,644 (more than EUR115,000) in 2022, Finance Ministry data show.
Aquila Part Prod Com (AQ.RO), an entrepreneurial fast-moving distribution and logistics company, on Thursday evening notified the Bucharest Stock Exchange that the privately managed pension fund Metropolitan Life and Metropolitan Life Asigurari MetLife Europe had slightly exceed the 5% stake threshold in it.