Revenue from the residential segment reached €105.4 million, a 14% YoY decrease. However, net income from residential properties increased by 6% YoY to €38.3 million.
Online courier sales activities also saw a 25% increase, largely due to investments in automating altexpress.ro portal.
he consolidated EBITDA amounted to RON 3.4 million, a 209% increase, and the consolidated net profit was RON 2.4 million, a 300% appreciation.
In 2023, eMAG Romania recorded a turnover of RON 5.979 billion, an increase of 11% compared to the previous year.
Crystal Dental Clinic announces a turnover of €2.6 million for 2023 and the expansion to the B2B segment through dental service subscriptions.
For 2024, ED&C estimates a turnover of RON 9 million, consolidating its position as one of the most important players in its field, both nationally and regionally.
The results are up 19% compared to 2022, when the group ended the year with a turnover of over RON 467 million.
The showroom in Bucharest continued to have a positive impact on business development in the first quarter, after generating around 10% of turnover in 2023.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Morphosis Capital Fund I Cooperatief UA, a growth capital fund, posts a combined turnover of €100 million in 2023 for its portfolio companies.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.