Companies

Leading banking group NLB doubles H1 profit to EUR 287m

Ljubljana – Slovenia’s largest banking group, NLB, reported on Thursday EUR 287 million in profit after tax for the first half of 2022, a 105% increase year-on-year. The growth was mainly driven by positive effects related to the acquisition of N Banka, formerly Sberbank. The profit of the core bank NLB fell from EUR 77.1 million to EUR 66.9 million.

Moldova Runs out of Cash to Pay Gazprom’s August Bill

Moldova will not be able to honour its payment obligations for August for gas from Gazprom, the director of Moldovagaz, Vadim Ceban, told BIRN on Thursday.

"We hope we can get an extension of the payment term. The deadline is August 20, but I think we can also pay on August 22," Ceban told BIRN.

Bulgarian Energy Minister: All Gas Sources are on the Table, including Gazprom

"All possible sources of gas supplies are on the table, including Gazprom, but they are the last option". This was stated by Energy Minister Rosen Hristov on BNT.

"We haven't started reaching out to them yet because we're looking to exhaust all possible options. It's a last resort, but we haven't taken them off the options list."

Bulgargaz: We are still Talking with Gazprom

"We are not closing the Gazprom chapter as long as there are guarantees that there will be no risks for Bulgargaz if the conditions change."

This is what the Chairman of the Board of Directors of Bulgargaz, Ivan Topchiyski, told Nova today. The state company is a public supplier and is responsible for the security of receiving blue fuel in Bulgaria.

European car sales slump 14% in first half

EU auto sales slumped by 14 percent in the first half of this year, data showed on July 15, as supply shortages continued to plague manufacturers.

With the lack of computer chips still hobbling production, new auto sales slumped to 4.6 million in the European Union, data from the European Automobile Manufacturers Association showed.

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