ASSETS
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Patria Bank Reports 1Q/2022 Net Banking Income of RON41.5M, Flat from 1Q/2021, and RON882,000 Net Profit
Patria Bank in 1Q/2022 reported net banking income of RON41.5 million, flat from the year-ago period, determined by the evolution of revenues from financial activity affected by market condi...
Impact Developer & Contractor Rakes in 1Q/2022 RON37M Property Sales Revenues, Down 5%, and RON6M Net Profit vs RON1.3M Losses in 1Q/2021
Real estate developer Impact Developer & Contractor in the first quarter of 2022 posted property sales revenues worth RON37 million, down 5%, and net profit of RON6 million, from RON1.3 mill...
Pambac Group Buys Vegetable Oil Producer Mandra Assets
Insolvency specialist CITR has sold RON13.15 milion (more than EUR2.6 million) worth of agro-industrial assets to Cerealcom Bacau, a member of the agribusiness group Pambac, the company part...
Transgaz Ends 2021 with RON177M Net Profit, Up 1% YOY
Romanian state-owned natural gas transmission company Transgaz ended 2021 with net profit worth RON177 million, 1% higher on the year.
Banca Transilvania Operating Revenue Up 10% to RON4.3B, Net Profit Up 49% to RON1.7B in 2021
Banca Transilvania ended 2021 with operating revenue worth RON4.3 billion, up 10.4% and net profit of RON1.7 billion, 49% above the 2020 level.
Raiffeisen Bank Rakes in EUR173M Profit from Romania in 2021, Up 31.8%
Austrian group Raiffeisen Bank International reported net profit worth EUR173 million from Romanian operations in 2021, up 31.8% from the 2020 gain.
NN Asigurari de Viata Ends 2021 With RON4.6B Financial Assets On Health, Life Insurance Segment
The financial assets managed by insurer NN Asigurari de Viata on the life and health insurance segment reached nearly RON4.6 billion at end-2021, up 8.5% against 2020, and its pre-tax profit...
Romania Pillar II Pension Funds End 2021 With Record Assets Of RON89B
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON89 billion (EUR18 billion) in 2021, higher by approximately RON14 billion (+...
SAI Patria Asset Management Ends 2021 With Total Assets Managed Of RON102.6M, Up 117% Vs. End-2020
SAI Patria Asset Management, a company of Patria Bank Group, ended 2021 with total assets managed of RON102.6 million, up 117% compared to the end of 2020, and launched a trading platform th...