04.02.2025

National oil carrier via pipelines and tanker railcars Conpet Ploiesti, has for 2025 budgeted RON44.3 million net profit, down 10.4% from the 2024 level, and RON629.4 million revenues, up 2.7%. more

03.31.2025

AROBS Transilvania Software for 2025 targets RON460 million consolidated turnover, up 11%, RON73 million EBITDA and RON37 million net profit, 76% higher than in 2024, for 2025. more

03.26.2025

Romania’s general consolidated budget posted a deficit of RON30.24 billion in January-February 2025, or 1.58% of the gross domestic product (GDP), compared with a deficit of RON28.99 billion or more

03.25.2025

OMV Petrom (stock symbol: SNP), the largest integrated energy producer in Southeast Europe, estimates net profit of RON3.4 billion for 2025, down 17% versus 2024, according to the budget that will be more

03.19.2025

State-run Hidroelectrica, Romania’s largest electricity producer, has RON660 million (EUR130 million) budgeted in 2025 for diversification projects that include solar power projects. more

03.11.2025

State-run Hidroelectrica (H2O.RO), the largest electricity generation company in Romania, has budgeted RON10.3 billion revenue for 2025, an increase of 2% on the 2024 level, as well as RON3.55 more

03.06.2025

Nuclear power producer Nuclearelectrica (stock symbol: SNN) has published the company's budget of revenue and expenditure for 2025, which will be put up for a vote at the Ordinary General Meeting of more

02.27.2025

Romania’s general consolidated budget posted a deficit of RON11 billion in January 2025, or 0.58% of the gross domestic product (GDP), compared with a deficit of RON7.89 billion, or 0.45% of GDP, more

01.02.2025

Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago period. more

12.30.2024

The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the European Commission. more

11.28.2024

Romania’s general consolidated budget posted a deficit of RON109.42 billion in January-October 2024, or 6.19% of gross domestic product (GDP), which is 75% higher than the RON62.81 billion deficit more

09.27.2024

Romania’s general consolidated budget posted a deficit of RON81 billion in January-August 2024, or 4.57% of gross domestic product (GDP), which is almost double the deficit of RON42.19 billion more

09.23.2024

The Fiscal Council reiterates the estimate that Romania will end 2024 with a cash budget deficit of around 8% in its Opinion on the draft of the first revision of the state budget, saying that the more

09.18.2024

Romania will have a budget deficit of 7% of gross domestic product (GDP) in 2024, which will be the highest in the European Union, analysts of International Rating Agency Fitch Ratings said in a more

08.19.2024

The first half of 2024 brought a series of moves with a negative impact over the budgetary execution and, amid the lack of fiscal-budgetary consolidation moves, the gap is likely to go beyond 7% of more

07.01.2024

Fornetti Romania, one of the largest actors on the pastry market of the country, has an investment budget of more than RON7 million for this year, after having invested more than RON16 million last more

06.28.2024

The shareholders of Hidroelectrica, the largest energy producer in Romania and the largest company listed on the Bucharest Stock Exchange approved the revised spending and revenue budget for 2024 in a more

06.18.2024

State-run Nuclearelectrica (SNN.RO), the operator of the Cernavoda nuclear power plant, is getting ready to amend its 2024 budget to reflect a 2% decline in revenue a 5% decline in profit estimates more

06.14.2024

State-owned Nuclearelectrica, Romania’s sole nuclear power producer, is convening shareholders to approve among others the amendment of the 2024 budget and the granting of a loan of as much as more

05.27.2024

The numbers in the 2024 budget of Banca Transilvania, the largest lender in Romania, a 20% higher profit of RON3 billion, 10% higher assets of RON179 billion and RON9.2 billion interest income for more

04.26.2024

Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Ministry on more

04.08.2024

Visual Fan, an electronic device producer, owner of Allview brand, in its 2024 revenue and expense budget estimates its revenues will reach RON151.6 million at end-2024, up 13% from 2023. Net profit more

04.01.2024

Ever since 2019, Romania has been in a complicated budgetary context and a balanced approach from the authorities is needed to ensure the assumed deficit for 2024. more

04.01.2024

AROBS Transilvania Software, the largest tech company listed at the Bucharest Stock Exchange, aims for RON494.9 million consolidated turnover in 2024, up 15.8% from 2023. more

04.01.2024

FMCG wholesaler Licurici Impex forecasts a 10% turnover increase this year from 2023, to RON565.4 million (EUR113.8 million), in line with ZF calculations based on company data. more