State-run national gas transmission system operator Transgaz (TGN.RO) doubled its net profit to about RON391 million in 2024, while revenue rose 28% to RON2.3 billion, mainly as a result of the increase in transmission tariffs, the company said in its quarterly report to the Bucharest Stock Exchange.
Telecommunications operator Digi (DIGI.RO), an entrepreneurial business controlled by businessman Zoltan Teszari, posted EUR1.92 billion revenue in 2023, up from EUR1.7 billion in 2023 and an EUR540 million profit, its preliminary 2024 financial results show, according to a report to the Bucharest Stock Exchange.
Mömax, a furniture retailer part of Austrian chain XXXLutz, will open a store of around 5,000 square meters in Vitantis Shopping Center, announced Omer Susli, owner of the center, on Linkedin.
A multidisciplinary team made up of Reff & Asociatii | Deloitte Legal lawyers and financial and tax consultants part of Deloitte Romania assisted UE Furniture, a global leader in the production of chairs, armchairs and sofas, in acquiring family business Rus Savitar founded by Rusu family, a key player in the local furniture industry.
Aquila, Aquila, the market leader in integrated distribution and logistics services for the consumer goods market in Romania and the Republic of Moldova, ended 2024 with RON90 million net profit, down 7% from 2023. The minimum profit tax of 1% of revenues, which came into effect in 2024, along with higher employee costs, were factors that impacted the net result.