Romanian state-owned pharmaceutical manufacturer Antibiotice posted 32.6 million lei in net profit, in the first quarter of this year, down 13% compared to the same period last year, according to a company report sent to the Bucharest Stock Exchange on last Wednesday."The responsible and rigorous conduct of activities in the first 3 months of 2025, while constantly monitoring the impact The Future Together business plan had on our objective meeting led to a gross profit return of 21.9%, 3% higher than that achieved in the same period of the previous year. In the same period, total revenues and total expenses are proportional with the same evolution index, determining a higher gross profit return cumulated with the clawback tax of 27.8% compared to 26.9% in the same period of the previous year, which leads to greater balance and efficiency in the first quarter of 2025," the report states.The company recorded a gross profit of 35.343 million lei in the first quarter, down 10% compared to that reported at the end of the first quarter of 2024.The net turnover (revenue from customer contracts) achieved in the period January-March 2025 is worth 161.12 million lei, of which 86.12 million lei was achieved on the Romanian market and 75 million lei on the international market.Antibiotice SA is listed on the Bucharest Stock Exchange under the symbol ATB, in the Premium category, since April 16, 1997.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
