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SIF Oltenia Ends 2022 with RON2.2B Assets
Capital Market

SIF Oltenia Ends 2022 with RON2.2B Assets

Financial investment company SIF Oltenia (SIF5.RO) posted RON2.2 billion assets in 2022, down from the RON2.4 billion of 2021. Net profit on the other hand, increased from RON37.6 million to...

Loredana Frățilă-Cristescu · 01.03.2023 · 20:46 · 1 min
SIF Banat Crisana Ends 2022 with RON3.4B Assets
Capital Market

SIF Banat Crisana Ends 2022 with RON3.4B Assets

SIF Banat Crisana (SIF1.RO), a financial investment company that will soon change name to Lion Capital, announced its assets reached RON3.4 billion in 2022, compared with RON3.6 billion in t...

Loredana Frățilă-Cristescu · 01.03.2023 · 19:45 · 1 min
Romanian Pillar II Pension Funds’ Assets Hit All-Time High At RON100.2B In Jan 2023
Companies

Romanian Pillar II Pension Funds’ Assets Hit All-Time High At RON100.2B In Jan 2023

The private pension funds operating on the mandatory segment in Romania (Pillar II) reported record assets of RON100.2 billion in January 2022, being the first time Pillar II funds have over...

Ecaterina Craciun · 21.02.2023 · 18:37 · 1 min
Romania’s Private Pension System Overshoots RON100B Asset Mark
Companies

Romania’s Private Pension System Overshoots RON100B Asset Mark

Romania's private pension system, consisting of Pillar II - mandatory private funds to which several million Romanian employees contribute a portion of their gross monthly income, and Pillar...

Loredana Frățilă-Cristescu · 23.01.2023 · 16:30 · 1 min
Assets Of Former Chemical Plant Nitroporos Fagaras Put Up For Sale
Companies

Assets Of Former Chemical Plant Nitroporos Fagaras Put Up For Sale

The assets of former chemical plant Nitroporos, part of InterAgro Group held by businessman Ioan Niculae, are up for sale after the company went bankrupt several years ago.

Ecaterina Craciun · 06.09.2022 · 16:35 · 2 min
Banca Transilvania 1H/2022 Net Consolidated Profit Hits RON1.04B, Up 3% from 1H/2021
Banks-Insurance

Banca Transilvania 1H/2022 Net Consolidated Profit Hits RON1.04B, Up 3% from 1H/2021

Banca Transilvania financial group ended the first half of this year with net consolidated profit of RON1.046 billion, 3% higher than in the same period of 2021, with the bank’s profit stand...

Roxana Dumitru Rosu - Mediafax · 26.08.2022 · 10:45 · 2 min
DN Agrar Reports 50% Asset Growth Upon Integration of Four Firms
Companies

DN Agrar Reports 50% Asset Growth Upon Integration of Four Firms

DN Agrar, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation, tourism and advisory services, has announced...

Eduard Ivanovici · 24.08.2022 · 11:21 · 1 min
Romania Pillar II Pension Funds Report Record Assets Of RON92.4B In August
Companies

Romania Pillar II Pension Funds Report Record Assets Of RON92.4B In August

The private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON92.4 billion in August 2022, higher by RON5 billion than the level at mid-2022, re...

Ecaterina Craciun · 17.08.2022 · 12:28 · 1 min
Insurance, Private Pension and Capital Market Assets Double in 2014-2022
Analysis

Insurance, Private Pension and Capital Market Assets Double in 2014-2022

The assets of the three non-bank financial markets in Romania – the insurance market, the private pension market and the capital market doubled from 2014 through the end of 2021, the Financi...

Loredana Frățilă-Cristescu · 20.07.2022 · 15:34 · 1 min