Energy | 15 November, 2024 at 2:26 PM
PPC Group: Investments of €10.1 billion to become a leading group with €2.7 billion EBITDA in 2027
The Group's management updates the Strategic Plan targets for the period 2025-2027.
The Group's management updates the Strategic Plan targets for the period 2025-2027.
In terms of operational highlights, the owned renewable energy sources (RES) production registered a 38% YoY increase in the first nine months of 2024.
Banca Transilvania recorded positive results in the first nine months of the year, mainly driven by organic growth, customer activity and volume of operations.
Digi Communications consolidated revenues and other income in Q3 2024 increased 13.6% YOY, reaching €492.5 million, resulting in €1.414 billion in revenues generated in 9M 2024.
In the first 9 months of 2024, at the individual level, cybersecurity services contributed 32% to the total turnover, while cybersecurity solutions implementation contributed 68%.
Currently, Simtel holds seven photovoltaic park projects which, upon completion, will have a total installed capacity of over 80 MWp and generate an annual output of over 108 GWh.
With a primary focus on integrating IBM products, Inter Computer Romania set a goal to achieve a turnover of €3 million in its first year of activity.
Revenue from the residential segment reached €164.2 million, a 7% YoY decrease reflecting the transition of many construction sites into their final stages.
Tiplog, an entrepreneurial printing and logistics company founded in 2012, registered a turnover of €5.8 million in 2023, almost four times higher than in 2019 (€1.6 million).
BRD is among the first banks which will roll out in production, RoPay, an instant mobile, proximity and payments service, via QR code, which is simple, secured and free of charge.
For the third quarter, the company reported a CCA operating result excluding special items of RON 1.6 billion, down 36%.
Tiplog, an entrepreneurial printing and logistics company founded in 2012, registered a turnover of €5.8 million in 2023, almost four times higher than in 2019 (€1.6 million).
The average sales price per square meters in 9M 2024 remained stable compared to 2023, reflecting the integration of units from One Lake District Phase 2 into the sales portfolio.
Most popular international destinations for Romanian passengers this summer were Budapest, Vienna, Istanbul, Varna and Sofia.
In the year globally marked by economic uncertainties, IKEA Romania prioritized lowering prices for the customers.
Additionally, in the first half of 2024, Metropolitan Life paid allowances amounting to a total value of RON 121.5 million, an increase of 36.72%.
In terms of the financial results registered by the entities within Teilor Holding, in the first half of 2024, posted a turnover from its activity in Romania of RON 127.3 million.
Revenue from the sale of fertilizers reached RON 10.7 million, up 10% compared to the same period last year.
The "Software Development" division contributed 31% to the operating revenues for the first half of 2024, while the "IT, Infrastructure, and Cloud" division contributed 68%.
As for the 2023-2024 autumn cropping season, it produced total harvests of 43,621 tons, up 8% compared to the previous crop year, of which 2,300 tons were organic crops.
Cris-Tim Family Holding debuted today on the Bucharest Stock Exchange's (BVB) under ticker CFH, becoming the first food industry company listed on Romania's main market. The company completed an IPO worth €89.3 million in late October.
Grup Șerban Holding has inaugurated the Moldavia Poultry Farm, an €11.5 million investment located on European Road E85 in Orbeni commune, Bacău County.
IBC Focus, a company specialising in construction sector data, has begun its internationalisation strategy by expanding into Moldova.
Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.
Rețele Electrice Romania, part of the PPC group, has launched a procurement procedure for modernising medium and low voltage networks in Bocșa, Caraș-Severin county. The project, worth over RON 198 million (€40 million) excluding VAT, will benefit approximately 17,000 inhabitants and is co-financed through the Modernisation Fund.