Energy | 29 October, 2024 at 8:48 AM
OMV Petrom Group announces RON 3.9 billion net profit after 9 months, up 54%
For the third quarter, the company reported a CCA operating result excluding special items of RON 1.6 billion, down 36%.
For the third quarter, the company reported a CCA operating result excluding special items of RON 1.6 billion, down 36%.
As of April 2020, Romania has been in the excessive deficit procedure (EDP), as a result of exceeding, in 2019, the 3% budget deficit limit set in the Stability and Growth Pact (SGP).
In the December 2024 business cycle survey, managers in the manufacturing industry forecast a moderate decrease in the volume of production for the next three months.
Bringing forward the timetable for elimination of tax facilities for the IT industry, starting January 2025, is a deeply negative signal towards a strategic sector of the economy.
On the other hand, 28% say they are optimistic about the year ahead, with a significantly higher percentage among those with incomes over RON 6,000 (33%).
The elimination of the holiday vouchers will freeze or cancel investments in tourism infrastructure.