Connections reports double-digit growth in H1 2024 in key indicators, including a reduction in debt levels, and continues to anticipate an even better second half of the year.
In the first half of 2024 and subsequently, Simtel signed two significant contracts worth €19 million (within a partnership in which Simtel holds 50% of the profits and losses).
VGP registered €45.6 million worth of signed and renewed lease agreements during H1 '24, bringing total committed annualised rental income to €384.7 million.
tbi bank's consolidated unaudited financial results for H1 2024 show a net profit of €23.2 million, 17% higher than the €19.7 million profit in the same period of last year.
The company reported a 19% increase in revenue and a 2% rise in net profit for the first six months of this year compared to H1 2023.
The "Software Services" segment continued to be AROBS's main pillar, generating revenue of RON 166 million, accounting for 81% of the total revenue.
Restaurant operating profit of RON 87.8 million, +44.8% YoY in H1, with high double-digit increases for Taco Bell, KFC Romania and KFC Moldova.
In H2 2024, MedLife recorded consolidated pro forma revenue of RON 1.3 billion, up 24% compared to H1 2023, likely to exceed half a €500 million in revenue this year.
Premier Energy Group maintained a highly liquid financial position, with approximately €109 million in net working capital and cash balance as of the end of the first half of 2024.
Revenue from the residential segment reached €105.4 million, a 14% YoY decrease. However, net income from residential properties increased by 6% YoY to €38.3 million.
The group continued its relationships with over 10,000 farmers who accessed the products and services offered through the group's three business segments.
At the end of June 2024, the livestock owned by DN AGRAR, consisting of dairy cows and young cattle, and reached approximately 14,700 heads.
In the first half of the year, Impact generated revenues of RON 98 million, up 65% compared to the first half of last year.
Banca Transilvania's net profit amounted to RON 1.81 billion, +42.6% compared to the first six months of 2023.
At the level of the entire holding, an EBITDA level of RON 36.3 million is reported in S1 2024, representing an increase of 75.2% compared to the same period of the previous year.
The Group continued its commitment to innovation, with R&D spending up 6% year-to-year to $476 million.
SIPEX's business growth was supported by careful inventory management, accurate sales forecasting, and diligent expense management.
In the second quarter, the company began dividend distributions totaling 81.7 million and started one of its shareholder-approved share buyback programs on April 29, 2024.
The financial results were influenced by the planned shutdown of the Petromidia refinery, between March and May 2024.
Digi Communications consolidated revenues increased 13.4% yoy in Q2 2024, reaching €474.7 million, resulting in €921.3 million in revenues generated in 6M 2024 (+13%).
Romania's annual inflation rate remained unchanged at 9.8% in November.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
ABB Romania has opened its new customer experience center in Bucharest, a space designed to showcase the company's solutions in electrification, automation, energy efficiency and motion.
As winter holidays approach, Romanians experience both the joy of gift preparation and the pressure of festive spending.
The Investment Committee designated by the Romanian Government for the Recovery Equity Fund has approved financing for five new investment funds in Q4 2025, announced the Ministry of Investments and European Projects (MIPE).