Biodegradable packaging maker Exonia, a business controlled by entrepreneur Tiberiu Stoian, will be taking over the assets of the former bakery plant in Romania's northeastern city of Iasi.
Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, posted $3.5 million net loss on September 30, 2023 compared with a $161.2 million net profit in the year-ago period, the company said in its financial report to the Bucharest Stock Exchange on Wednesday.