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Iproeb Bistrita, one of the largest local manufacturers of electrical cables and conductors, posted RON11 million net profit in the first nine months of 2023, 28.3% lower than in the same period of last year.
Iproeb Bistrita (IPRU.RO), one of the largest local manufacturers of electrical cables and conductors, has informed the local capital market through a report about the finance ministry's decision to grant a state aid in the maximum amount of RON48.2 million.
The shareholders of Romanian cable maker Iproeb Bistrita (IPRU.RO) have approved at their latest general meeting a decision allowing the company to contract bank loans in the amount of EUR5.4 million.