Energy | 16 August, 2024 at 9:18 AM
Rompetrol Rafinare's financial results, declining in H1 2024
The financial results were influenced by the planned shutdown of the Petromidia refinery, between March and May 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%).
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
The group continues its investments in its portfolio restaurants as well as in the development of the restaurant and hotel segments.
Personal financial planning remains a constant growth driver in Raiffeisen Bank Romania's long-term strategy. In the first half of 2024.
At the end of June 2024, the Group had a hotel portfolio of 838,722 rooms (5,682 hotels) and a pipeline of 218,000 rooms (1,297 hotels).
For the Full-year 2024 outlook, the company expects organic sales growth of at least 3%.
Simtel Team posted, at consolidated level, operating revenues of RON 45.9 million in the first quarter of 2024, down 30% compared to the same period last year.
Total assets reached €4.7 billion at the end of the first quarter, up 8% compared to the first quarter of 2023.
In the first quarter of the year, IMPACT generated revenues of RON 41 million, up 89% compared to the first quarter of last year.
Garanti BBVA Romania recorded a net profit of RON 177 million in 2023 and operating revenues of RON 521 million.
MOL Group Profit before tax reached $382 million in the first quarter of 2024, 18% and 29% lower quarter-on-quarter and year-on-year.
Capital ratio climbed to 23,36% underscoring the institution's financial strength, providing a solid foundation for future growth and stability.
One United Properties posts a consolidated turnover of €84.3 million for Q1 2024, a 5% decrease compared to Q1 2023.
In the first quarter of 2024, at the individual level, cybersecurity services contributed 30% to total turnover, and implementing cybersecurity solutions contributed 70%.
At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking application.
The first significant news is the acquisition of CODA Intelligence, a Romanian startup specializing in cybersecurity solutions, by PDQ, with complementary products to CODA.
Structural tailwinds for logistics properties remain intact with strong supply and demand dynamics despite economic uncertainties.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Over the past 7 years tbi bank went through a major transformation from a traditional local player into SEE's leading challenger bank.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).