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Readymix Romania saw modest profit growth in 2024, while Romania’s investment appeal persists despite negative credit outlook.
Readymix Romania posted a 7.7% year-on-year net profit increase to RON2.7 million in 2024, with turnover up 3% to RON150.8 million, reflecting modest growth in the concrete sector amid economic challenges. Credit rating agencies S&P and Fitch revised Romania’s outlook to negative due to fiscal concerns and rising bond yields. Despite risks, the country remains attractive for investment, with recent green bond issuances, state aid for energy-intensive firms, and strong hotel sector growth. Meanwhile, state-owned energy company Electrica plans to raise funds for up to EUR1 billion in acquisitions between 2025 and 2027 to expand domestically and internationally, signaling continued corporate expansion in Romania’s energy sector.