CITR: Profit stagnates for major Romanian companies as debt soars by €11 billion
The net profit of Romania's major companies has seen a slight decline of 1.6% in 2024, while their debts have surged by €11 billion, reaching a total of €239 billion.
The net profit of Romania's major companies has seen a slight decline of 1.6% in 2024, while their debts have surged by €11 billion, reaching a total of €239 billion.
Sphera Franchise Group, the largest food service group in Romania, announced consolidated sales of RON 745.2 million (€150.3 million) for H1 2025, marking a slight increase of 0.7%.
Digi Communications has reported consolidated revenues and other income of €1.11 billion for H1 2025, marking a 21% increase compared to the same period in 2024.
State-owned hydroelectricity producer Hidroelectrica said its net profit decreased by 41% to RON 1.58 billion (€319.5 million) in H1 2025 versus the same period of 2024.
Representatives of Romanian banks are opposing the Government's intention to introduce another supplementary tax on the profits generated by credit institutions.
The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.
Electrica Group recorded a net profit of 53.2% during Q1 2025 to RON 195.7 million (€39.3 million), while the operational revenues grew by 23.6% to RON 3.2 billion (€638.2 million).
CEC Bank Financial Group recorded a net profit of RON 687.9 million (€138 million), with the bank itself recording a net profit of RON 668.2 million (€134 million).
Evergent Investments allocated RON 81.67 million to the 2024 dividend fund, from the 2023 result. The share price dividend yield was 7.09%, calculated at ex-date.
Throughout the past year, the company continued to implement projects alongside companies from a diverse range of industries.
Regarding the performance of the group's business segments, the "Software Services" segment generated revenues of RON 325 million in 2024, representing 79% of the total turnover.
Significantly improved profitability for KFC Romania, which achieved a net profit of RON 100.2 million (+15.5%), and Taco Bell, which increased its net profit almost six times
SelfPay, Romania's self-service payment station market leader, posted a net profit of RON 32.2 million in 2024, three times higher than the figure reported for the previous year.
MOL Group's profit before tax (PBT) down by 23% year on year almost entirely due to external environmental impacts,
Regarding the distribution of Agroland Agribusiness revenues by category, in 2024, the largest share of turnover came from the grain trading activity.
In the National Top of Romanian Private Companies, a ranking based on the financial performance of private companies, Atalian Romania was awarded the 1st PLACE in four categories.
In 4Q24, net revenues reached €5.6 billion, of which €2 billion of fees with a remarkable 8.9% year-on-year growth.
Intesa Sanpaolo recorded significant growth in commissions, up 9% compared to 2023, with acceleration in Q4. Insurance income reached an all-time high, increasing by 4%.
Founded in 2002, Fortim Trusted Advisors has been controlled since December 2020 by Costin Nistor, Nicolae Ciobanu and Bogdan Cange.
In the Exploration and Production segment, the operating result excluding special items was RON 3 billion, down by 29%.

PPC Blue, the electric mobility division of the PPC Group in Romania, has acquired the Hermes Flow network with 116 charging points to expand its national infrastructure.
Romania's consolidated general budget recorded a deficit of €21.8 billion (RON 108.87 billion) in the first ten months of 2025, representing 5.72% of GDP. This marks a decrease of €110 million compared to the same period in 2024, when the deficit stood at 6.22% of GDP.
The European Bank for Reconstruction and Development (EBRD) is participating in a €43 million loan by Raiffeisen Bank Romania to Altex Romania, the country's leading electro-IT retailer.
Romanian entrepreneurial group Agroland, active in retail, agribusiness, food production and animal nutrition, continues its expansion strategy by opening two new stores in Mega format in Odorheiu Secuiesc and Orăștie. With these openings, the Mega network reaches 36 units nationwide.
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.