Cybersecurity Company Fort Ends H1/2024 With Lower Net Profit And RevenueCybersecurity company FORT, part of Bittnet Group (BNET.RO), ended the first half of 2024 with net profit of RON47,000, lower than RON703,000 reported in the same period of 2023, and with revenue of RON6.73 million, down 16% year-over-year, according to the company's half-yearly financial report.
Socep Constanta Raises RON29.4M From Investors In Capital IncreasePort operator Socep Constanta (SOCP.RO) notified the Bucharest Stock Exchange that 293.5 million of the 346.2 million shares offered for the capital increase by contribution in cash were subscribed. The broker of the operation was SSIF Interfinbrok Corporation.
BCR Revises 2024 Economic Forecast For Romania DownwardsBCR, the second largest bank in Romania, has revised its 2024 economic growth forecast for the country to 1.9% from 2.6%, as previously stated. The revision of the forecast is because of the mere 0.7% economic growth in the first half of 2024, instead of the 2% to 3% financial analysts and (...)
ING Bank Revises Romania's 2024 Economic Growth Forecast To 1.3% From 2%ING Bank has decided on Friday (Sept 6) to revise its growth forecast for Romania's economy in 2024 to 1.3% from its previous estimate of 2% after Romania's statistics board INS released detailed data about the country's economic growth in the first half of 2024.
Romania plans to install surveillance cameras on main highwaysRomania’s National Company for Road Infrastructure Administration (CNAIR) has announced plans to equip highways A1, A2, and A3, as well as national road DN1 with surveillance cameras, with the investment valued at RON 220 million (EUR 44.2 million) excluding VAT. The cameras will allow (...)