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State-run Hidroelectrica (H2O.RO) announced during an event on May 24 that it had a RON1 billion investment budget to be used in 2024-2028 for Uzina Constructoare de Masini Hidroenergetice (UCMH), a business sold by UCM Resita (UCM.RO) to the green electricity producer.
Natural gas producer and supplier Romgaz has notified its shareholders about having made a RON272 million term deposit without auto-renewal option, maturing in July 25, 2024, with Exim Bank Banca Romaneasca.
Arctic Stream, an IT security and infrastructure integrator, for the first three months of 2024 reported RON1.98 million net profit, down 10% from the year-earlier period, and RON1.8 million operating income, 35% lower.
Plastic packaging producer Romcarbon ended the first three months of 2024 with a net loss of RON1.5 million at an individual level, from a positive result of RON3.2 million in the same period of 2023.
Chemicals producer and supplier Chimcomplex switched to profit of RON7.4 million in the first three months of 2024, after a RON8.3 million loss in Q1/2023.