Optical equipment manufacturer IOR Bucuresti (stock symbol: IOR) has announced in a stock market report on August 13 that it raised RON17 million from 19 investors following the completion of the subscription period related to the share capital increase by exercising the preference rights.
Aquila Part Prod Com (stock symbol: AQ), an entrepreneurial company providing distribution and logistic services for the consumer goods market, announced on August 13 that it ended the first half of 2024 with net profit of RON35 million, down 15% on the year, as a result of the impact of the new turnover tax (RON5 million) and a decline in financial revenue.
Hidroelectrica (H2O.RO), the largest electricity producer in Romania, ended the first half of 2024 with net profit of RON2.69 billion, compared with RON4 billion in the year-earlier period, while revenues dropped 26% on the year to RON5.15 billion, amid a 22% decline in the energy output, as per the company's half-yearly financial report published at the Bucharest Stock Exchange on August 13.
Orange Romania, the leader of the local telecom market, has announced the launch of a new call for projects within its acceleration program, Orange Fab.