Sipex, a Romanian distributor of construction and finishing materials listed on the BVB AeRO market, reported a turnover of RON 66.5 million (€13.38 million).
SIPEX's business growth was supported by careful inventory management, accurate sales forecasting, and diligent expense management.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.
BCR Group recorded a net profit of €118 million in Q1 2026, down 21% versus the same period of last year.
PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.
The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.
Premier Energy has begun construction of its 200 MW/400 MWh Battery Energy Storage System (BESS) project near Iași, Romania. The total development and construction cost is estimated at €75 million.