OMV Petrom announced its financial results for the first quarter of 2024. The company achieved a net profit of around 1.4 billion RON, down 6 percent compared to Q1 2023. Consolidated sales revenues decreased by 10 percent compared to Q1/23, […]
OMV Petrom announced its financial results for the first quarter of 2024. The company achieved a net profit of around 1.4 billion RON, down 6 percent compared to Q1 2023. Consolidated sales revenues decreased by 10 percent compared to Q1/23, […]
NN Asigurari de Viata covered medical expenses and paid claims to health insurance customers totaling approximately 40 million euro from 2016 to date. In addition to concerns about accessing the needed medical services, an accident or a health problem can […]
TUD Group, one of the largest groups of local independent financial consulting, IT solutions and technical consulting companies, assisted the City Hall of Sector 6 in obtaining a grant for the construction of a new hospital. Through the funding agreement […]
The PPC group of companies in Romania recently started its first image campaign, thus marking the transition to the new brand identity. The new brand reflects the responsibility to the community, the commitment to create value for all, to be […]
In the context of an increased global interest in sustainability solutions, the Cluj company PROMELEK XXI, one of the main players in the local electrical equipment market, part of the Spanish Elektra group, announces the expansion of its initiatives for […]
Romania has used funds from the European Bank for Reconstruction and Development (EBRD) of more than one billion euros for investments over the last 30 years, and the amount could reach up to 7 billion euros, Victoria Zinchuk, EBRD director […]
The global management consulting firm posted a 13% increase in revenue in its latest fiscal year ended (April 1, 2023 to March 31, 2024), following a 23% increase in the previous year. The Board of Directors of the Horváth Group […]
Analysis by Mazars, an internationally integrated partnership, specialising in audit, accountancy, advisory, tax and legal services In today’s dynamic economy, the financial year-end poses a significant challenge for Romanian companies. This process is not merely a formality but a strategic […]
In 2023, the local transport and logistics market went through a period of adjustment, marked on the one hand by important opportunities, but also by challenges. The effects will also be visible in 2024, but still this year is marked […]
The main challenge faced by the business environment is represented by legislative ambiguities and uncertainties, according to more than 70% of the respondents of the latest edition, from March 2024, of the survey conducted by the Foreign Investors Council (FIC) […]