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Mutual Fund Assets Up 3.3% To RON44.6B In May 2024
The net assets of the 248 open-end and closed-end mutual funds, both local and foreign, available in Romania, increased by 3.3% to RON44.6 billion in May and by 12.2% since the beginning of...
Lion Capital Posts RON11.3M Net Profit And RON4.3B Net Assets In Q1
Alternative investment fund Lion Capital posted RON11.3 million net profit and RON4.3 billion net assets in the first quarter of 2024, an increase of 30% on the same quarter of 2023, it said...
Evergent Investments Assets Increase By 32% To RON3.2B In Q1, 2024
Alternative investment firm Evergent Investments (EVER.RO) ended the first quarter of 2024 with RON3.2 billion in total assets, an increase of 32% on the year-ago period, and a net result of...
Alpha Bank Posts EUR34M Net Profit At EUR4.4B Assets In Jan-Sep 2023
Alpha Bank, a top ten lender by assets in Romania, posted EUR34 million net profit in the first nine months of 2023, while its assets reached EUR4.48 billion at the end of September, an annu...
CEO François Bloch Leaves BRD With 50% Higher Assets
French executive François Bloch, appointed to run BRD-SocGen in 2016, is leaving his position on September 26, 2023, to pursue other opportunities inside the Société Générale Group.
THR Marea Neagra Plans to Auction Several Black Sea Coast Assets
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), a company listed on the Bucharest Stock Exchange and 78.6% controlled by Transilvania Investments Alliance (TRANSI), has called its share...
(P) Industrial asset sale announcement
The undersigned, SIERRA QUADRANT BRAILA BRANCH S.P.R.L., as the Judicial Liquidator of GA-PRO-CO CHEMICALS S.A., with headquarters in Săvinești Township, Săvinești Village, Gheorghe Caranfil...
Italy’s Beltrame and Liberty Galati Vying Over COS Targoviste Assets
The Italian group Beltrame, which also owns Donalam Calarasi steel mill, and Liberty Steel, which also owns Liberty Galati (formerly Sidex), have submitted bids for the assets of the special...
Romanian Households’ Net Wealth Up from RON1,274B in 2011 to RON2,414B in 2020
Romanian households’’ net wealth has increased 1.9 times in the past decade, going from RON1,274 billion in 2011 to an all-time high of RON2,414 billion (almost EUR500 billion) in 2020.