Results 1 - 25 from 830 for "budget"
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Romania Posts Budget Deficit Of RON109B, Or 6.19% Of GDP, YoY In January-October 2024
11.28.2024
Romania’s general consolidated budget posted a deficit of RON109.42 billion in January-October 2024, or 6.19% of gross domestic product (GDP), which is 75% higher than the RON62.81 billion deficit more
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Romania Posts Budget Deficit Of RON81B, Or 4.57% Of GDP, YoY In January-August 2024
09.27.2024
Romania’s general consolidated budget posted a deficit of RON81 billion in January-August 2024, or 4.57% of gross domestic product (GDP), which is almost double the deficit of RON42.19 billion more
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Fiscal Council Sees Romania Ending 2024 With 8% Cash Budget Deficit
09.23.2024
The Fiscal Council reiterates the estimate that Romania will end 2024 with a cash budget deficit of around 8% in its Opinion on the draft of the first revision of the state budget, saying that the more
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Fitch Ratings Sees Romania's Budget Deficit Reaching 7% Of GDP In 2024, The Highest In The European Union
09.18.2024
Romania will have a budget deficit of 7% of gross domestic product (GDP) in 2024, which will be the highest in the European Union, analysts of International Rating Agency Fitch Ratings said in a more
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Romania’s Fiscal Council: Budget Gap Likely to Top 7% of GDP in 2024
08.19.2024
The first half of 2024 brought a series of moves with a negative impact over the budgetary execution and, amid the lack of fiscal-budgetary consolidation moves, the gap is likely to go beyond 7% of more
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Fornetti Plans To Make RON7M Investments In Romania In 2024
07.01.2024
Fornetti Romania, one of the largest actors on the pastry market of the country, has an investment budget of more than RON7 million for this year, after having invested more than RON16 million last more
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Hidroelectrica Shareholders Approved Revision Of 2024 Spending And Revenue Budget
06.28.2024
The shareholders of Hidroelectrica, the largest energy producer in Romania and the largest company listed on the Bucharest Stock Exchange approved the revised spending and revenue budget for 2024 in a more
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Nuclearelectrica Revises Revenue And Profit Expectations Slightly Downwards
06.18.2024
State-run Nuclearelectrica (SNN.RO), the operator of the Cernavoda nuclear power plant, is getting ready to amend its 2024 budget to reflect a 2% decline in revenue a 5% decline in profit estimates more
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Nuclearelectrica Wants to Grant Loan of Up to RON814M to EnergoNuclear Subsidiary for Cernavoda 3 and 4 Reactor Investments
06.14.2024
State-owned Nuclearelectrica, Romania’s sole nuclear power producer, is convening shareholders to approve among others the amendment of the 2024 budget and the granting of a loan of as much as more
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Banca Transilvania’s 2024 Budget Does Not Include OTP Acquisition
05.27.2024
The numbers in the 2024 budget of Banca Transilvania, the largest lender in Romania, a 20% higher profit of RON3 billion, 10% higher assets of RON179 billion and RON9.2 billion interest income for more
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Budget Deficit Already At 2% After Q1, 2024
04.26.2024
Government budget spending increased by 23% to RON168 billion in the first quarter of 2024, data on the execution of the general consolidated budget of Romania released by the Finance Ministry on more
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Visual Fan (Allview) Targets 13% Turnover Growth, 58% Higher Profit in 2024
04.08.2024
Visual Fan, an electronic device producer, owner of Allview brand, in its 2024 revenue and expense budget estimates its revenues will reach RON151.6 million at end-2024, up 13% from 2023. Net profit more
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FIC: The Situation Of Public Finances Remains Fragile And Generates Concern Over Whether 2024 Deficit Goal Can Be Met
04.01.2024
Ever since 2019, Romania has been in a complicated budgetary context and a balanced approach from the authorities is needed to ensure the assumed deficit for 2024. more
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AROBS Transilvania Software Targets Turnover of Almost RON500M in 2024, Up 15% YOY, RON49M Net Profit
04.01.2024
AROBS Transilvania Software, the largest tech company listed at the Bucharest Stock Exchange, aims for RON494.9 million consolidated turnover in 2024, up 15.8% from 2023. more
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FMCG Wholesaler Licurici Impex Aims for 10% Higher Turnover in 2024
04.01.2024
FMCG wholesaler Licurici Impex forecasts a 10% turnover increase this year from 2023, to RON565.4 million (EUR113.8 million), in line with ZF calculations based on company data. more
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Drugmaker Zentiva Wants to Join “Billionaires’ League” in 2024
04.01.2024
Drugmaker Zentiva has budgeted net revenues of above RON1.1 billion in 2024, up 20% from 2023 level, which would mark the company’s joining the RON billionaires’ league. more
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Prospectiuni Bucuresti Budgets RON251M Turnover, 10.3% Profit Margin for 2024
04.01.2024
Geological surveying company Prospectiuni Bucuresti, majority held by businessman Ovidiu Tender, has for 2024 budgeted RON250.8 million turnover, up 1.6% from 2023, and RON26.5 million gross profit, more
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Electrica Group Approves Investment Budget Of RON878M For Distribuţie Energie Electrica Romania In 2024
03.29.2024
The Board of Directors of the Electrica Group approved the consolidated value of the investment plan (CAPEX) for 2024, in the total amount of over RON1.12 billion, with RON878 million representing the more
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BVB Expects RON12.6M Net Profit in 2024, with 31% Net Margin
03.27.2024
The Bucharest Stock Exchange, the operator of the Romanian capital market, has budgeted RON12.6 million net profit for this year, below the RON21.8 million profit of 2023, which was influenced by more
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Simtel Team Aims for 35% Operating Revenue Growth, 28% Net Profit Increase in 2024
03.26.2024
Simtel Team, a Romanian engineering and tech company and a national leader in renewable energy, in 2024 targets, at a consolidated level, RON394.3 million operating revenue, RON49.2 million EBITDA and more
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Banca Transilvania Targets RON3B Net Profit in 2024, Up 20% YOY
03.26.2024
Banca Transilvania, Romania’s largest lending institution by assets under management, has budgeted 20% higher net profit and a 10% asset increase for 2024. more
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Radisson Blu Hotel of Cluj-Napoca Budgets Flat Turnover from 2023, at EUR7.5M
03.26.2024
Five-star hotel Radisson Blu of Cluj-Napoca, developed by Winners Park Invest, has for 2024 budgeted turnover similar with 2023 level, of EUR7.5 million, according to the company’s officials. more
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One United Properties Aims for RON1.7B Revenues, Up 15%, RON525M Net Profit in 2024
03.25.2024
Real estate developer One United Properties estimates RON1.7 billion consolidated revenues, up 15% from the 2023 result, and RON525 million net profit, 17% above last year’s. more
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Sphera Franchise Group Budgets over RON1.64B in Sales in 2024, Up 12.2% YOY, over RON95M Profit, Up 20.1% from 2023
03.25.2024
Sphere Franchise Group, which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, has budgeted two-digit increases for its main more
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Antibiotice Iasi Wants to Cross RON100M Profit Threshold in 2024
03.25.2024
Antibiotice Iasi, the biggest Romanian-held drug manufacturer, wants to reach RON104 million net profit in 2024, up 28% from 2023, in line with its income and expenses budget. more