Romgaz celebrates 10 years since the company’s shares are traded on the Bucharest Stock Exchange. “10 years after the BVB listing, we have managed to be more and more transparent, we manage to have better and better liquidity. We want […]
The European Investment Bank (EIB) and Antibiotice, Romania’s leading pharmaceutical manufacturer, have joined forces to boost the production of medicines in Romania. The 25 million Euro loan agreement will help finance the construction of a state-of-the-art production, packaging, and storage […]
OTP Bank Romania recorded a consolidated net profit of 236 million RON in the first nine months of 2023, compared to a loss of 15 million RON in the same period of last year. Operating profit in the first nine […]
The European Bank for Reconstruction and Development (EBRD) facilitates access to financing for the Romanian parcel delivery operator Sameday, through a risk-sharing agreement with Banca Transilvania. Through the EBRD’s Risk Sharing Framework (CPR), Banca Transilvania grants a loan of 25.3 […]
BRD Group recorded a net profit of 1,227 million RON in first nine months of 2023, higher by 20.8 percent year-on-year. During the first nine months of 2023, favoured by volumes growth and high level of interest rates, BRD Group […]
Raiffeisen Bank Romania reports total assets of 67.5 billion RON, up 9 percent compared to the first 9 months of the previous year and a profit of 1.3 billion RON (+45 percent). Operating expenses increased by 11 percent year-on-year, mainly […]
The banks in Romania have granted new loans to the population and companies, between January 2020 and August 2023, in the amount of over 410 billion RON, which represents the equivalent of 29 percent of the GDP of Romania for […]
BCR achieved a net profit of RON 1,698.2 million (EUR 343.8 million) in 1-9 2023, up by 10.3 percent against RON 1,539.7 million (EUR 312.0 million) in 1-9 2022, driven by improved operating result underpinned by advance in customer business. […]
The European Investment Fund (EIF) grants Raiffeisen Bank Romania two guarantee schemes worth 400 million euros to finance investments made by SMEs in the local market. The signing of the agreement between EIF and Raiffeisen Bank supports the largest investment […]
We are catering for the needs of about a quarter of a million members and another half million of students of the Association of Chartered Certified Accountants. I represent the 1,000 members in Romania. In Romania we are around 4,500 […]
