Meta Estate Trust (stock symbol: MET), a holding company active in the real estate sector, announced in a stock market report on March 19 that it acquired the company Poiana SPV 6814 SRL, in order to strengthen Meta Estate's position in Poiana Brasov, an area of investment interest, and to over-guarantee Meta Estate's shareholders' investment made so far.
Private medical services operator MedLife announced on March 19 the signing of the addendum regarding the increase of the credit limit by an additional amount of EUR50 million, according to the approval received from shareholders during the 22 December 2023 EGSM, the total value of the borrowed capital thus reaching EUR268.3 million.
Pizza Hut restaurant chain held by Sphera Franchise Group in Romania, which also holds the KFC and Taco Bell franchises, underwent a significant restructuring process in 2023 and 2024, which entailed closing almost one third of the restaurants in order to break even and then turn a profit.
OMV Petrom (SNP.RO), the largest oil company in Romania, has budgeted RON5.2 billion net profit for 2023, an increase of 31% on the 2023 figure, while sales should increase by 1% to RON33.3 billion.