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.
The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870 million, was suspended. Romania’s European funds minister, Marcel Boloș, announced that three objectives included in […]
The tech startups YellowGrid, WiseWatts and Procesio won CleanTech Corporate Hackathon 2025, the first event dedicated to innovators, startups and scaleups creating AI-based technologies and solutions for sustainable energy in South East Europe. YellowGrid, the team that won first place and the EUR 5,000 prize, is composed of Cătălin Stăncel, Sergiu Mureșan, Andrei Antohie and […]
Romanians' trust in the EU is well above the European average, but they occasionally show different priorities compared to those of most Europeans, according to the most recent Eurobarometer survey. The measurement, conducted in the winter and spring of 2025, shows an overall increase in European citizens’ trust in the EU, especially in the areas […]
Romania has dropped four positions in the global Startup Ecosystem 2025 report by StartupBlink. It is now ranked 48th worldwide, and has lost ground in Eastern Europe, where it dropped from 8th to 9th place, after Ukraine advanced one position and Greece two positions, surpassing Romania globally. However, Romania is now 16th in the global AI top […]
The Nufărul geothermal station in Oradea, developed through a European project worth EUR 25 million, was officially inaugurated on Thursday, May 29. The station is the first of its kind in Romania, and builders had to drill approximately 2,800 meters for water. “All extracted water comes to the geothermal station on Iancu de Hunedoara Street, […]
CTP, a leading developer, owner, and operator of industrial and logistics properties, has extended its collaboration with HelpShip, a major e-fulfillment and logistics provider within the euShipments.com group, increasing HelpShip’s leased space to 20,000 sqm at CTPark Oradea Cargo Terminal. The expanded facility will serve as the company’s main fulfilment center. With HelpShip’s growth from […]
