Economy | 7 August, 2024 at 4:01 PM
Altexpress sees 44% growth in the H1 2024, reaching €1.08 million turnover
Online courier sales activities also saw a 25% increase, largely due to investments in automating altexpress.ro portal.
Online courier sales activities also saw a 25% increase, largely due to investments in automating altexpress.ro portal.
Altexpress and Logystec, led by industry veterans Maher Tarazi and Alexandra Turcu, finalised their merger mid-March 2024.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.