Private equity (PE) firms in Central Europe are overwhelmingly confident that 2024 will be a good year for investments, according to 84 percent of the participants to the latest Deloitte CE Private Equity Confidence Survey, as the sentiment regarding the […]
MOL Group announced today its financial results for Q2 and H1 2024. In the first six months MOL Group delivered USD 916 million profit before tax, marking a 19 percent increase year-on-year while in Q2 it reached USD 534 million. […]
PPC Group recorded an EBITDA of 927 million euro in the first half of the year, up by 57 percent compared to H1 2023. Total investments reached €1.1 bn, including Romania, with a significant increase recorded in Distribution and RES […]
JT Grup Oil, a company active in the fuel distribution market and the developer of the newest private terminal for petroleum products in Romania in the port of Constanța, debuted today on the AeRO market of the Bucharest Stock Exchange […]
Romania and Serbia signed today the Memorandum of Understanding regarding the gas interconnector construction project, in an event attended by the Minister of Energy Sebastian Burduja and the Minister of Mines and Energy of Serbia, Dubravka Đedović Handanović. The investment […]
BCR achieved a net profit of RON 1,314 million (EUR 264 million) in H1 2024, up by 18.3 percent against RON 1,111 million (EUR 225 million) in H1 2023, driven by improved operating result underpinned by advance in customer business. […]
Sameday courier company announces the acquisition of Pactic Group from Hungary. Following the expansion of its out of home delivery infrastructure in Hungary, this new transaction aligns with Sameday’s strategy to create an open delivery area in the region and […]
In the first half of 2024, TeraPlast Group had a 34 percent increase in turnover compared to the same period in 2023, reaching RON 428 million, while EBITDA stood at nearly RON 27 million, exceeding the projected figures. This growth […]
OMV Petrom announced today a net profit of 2.6 billion RON for the first six months of the year, increasing almost three times compared to the 944 million RON for the first six months of last year. Christina Verchere, CEO […]
The year 2024, so far, was not a good year for European industry, the crisis continue and the difficulties faced by the big Europeans economies had a serious impact in the smaller countries, like Romania. Romanian industry is connected to […]
