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
Restaurant operating profit of RON 87.8 million, +44.8% YoY in H1, with high double-digit increases for Taco Bell, KFC Romania and KFC Moldova.
The company estimates double-digit increases, both in terms of top line (sales of RON 1.64 billion, +12.2%) and bottom line (normalized net profit of RON 95.7 million, +20.1%);
The Municipality of Bucharest has successfully issued municipal bonds worth €555 million to refinance a loan contracted in 2005.
The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
Nawaf Salameh, the Founder and President of Alexandrion Group, which specializes in spirits and wine production, died on Sunday at 59 years old.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.