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 gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
