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Romania Pillar II Pension Fund Assets Drop To RON87B End-Oct 2021
Companies

Romania Pillar II Pension Fund Assets Drop To RON87B End-Oct 2021

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON86.9 billion (EUR17.5 billion) at the end of October 2021, lower by 0.2% or RON106...

Ecaterina Craciun · 17.11.2021 · 15:12 · 1 min
Patria Bank Hits RON7.2M Net Profit in Jan-Sept 2021, Up 20% from Year-Earlier Period
Banks-Insurance

Patria Bank Hits RON7.2M Net Profit in Jan-Sept 2021, Up 20% from Year-Earlier Period

Patria Bank ended the first nine months of 2021 with net profit worth RON7.2 million, up 20% from the same period of 2020, mainly supported by the favorable trend of operating revenues and t...

Roxana Dumitru Rosu - Mediafax · 16.11.2021 · 10:53 · 1 min
Companies

Chimcomplex Buys EUR8.2M Assets From CET Govora; Set To Build Thermal Power Plant In Ramnicu Valcea

Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, said in a stock market report on Tuesday that it acquired a bundle of assets from Romanian co...

Ecaterina Craciun · 09.11.2021 · 17:25 · 1 min
Intesa Sanpaolo Romania Revenues Go Down 5.2% in First 9 Months of 2021, to EUR29M, From Year-Earlier Period
Banks-Insurance

Intesa Sanpaolo Romania Revenues Go Down 5.2% in First 9 Months of 2021, to EUR29M, From Year-Earlier Period

Intesa Sanpaolo Romania, the domestic subsidiary of the Italian bank of the same name, for the first nine months of 2021 reported revenues worth EUR29 million, down 5.2% against the same per...

Claudia Medrega · 05.11.2021 · 10:33 · 1 min
Pillar II Pension Funds End September with RON87B in Assets
Banks-Insurance

Pillar II Pension Funds End September with RON87B in Assets

The seven Pillar II (mandatory) private pension funds in Romania, which hold significant stakes in the companies listed on the Bucharest Stock Exchange, had RON87 billion assets at the end o...

Loredana Frățilă-Cristescu · 19.10.2021 · 08:00 · 1 min
Appraisal & Valuation To Assess Over 1000 Assets Of State-Run Hydropower Producer Hidroelectrica
Companies

Appraisal & Valuation To Assess Over 1000 Assets Of State-Run Hydropower Producer Hidroelectrica

Appraisal & Valuation (APP.RO), a company providing appraisal, consulting and real estate development services, will assess over 1000 assets of Romania’s state-run hydropower producer Hidroe...

Ecaterina Craciun · 18.10.2021 · 16:26 · 2 min
Vista Bank Set to Hit Over EUR1.4B in Assets and 1% Market Share After Credit Agricole Takeover
Banks-Insurance

Vista Bank Set to Hit Over EUR1.4B in Assets and 1% Market Share After Credit Agricole Takeover

Vista Bank (the former Marfin), controlled by Greek-held group Vardinogiannis, is set to reach total assets worth above EUR1.4 billion, loans of EUR800 million, deposits of EUR1.2 billion an...

Claudia Medrega · 20.09.2021 · 10:06 · 1 min
Evergent Investments Had RON2.518B Total Assets Under Management End-Aug 2021
Capital Market

Evergent Investments Had RON2.518B Total Assets Under Management End-Aug 2021

Evergent Investments (EVER.RO) reached total assets under management in the amount of RON2.518 billion (as much as EUR500 million) at the end of August 2021, per the net asset value (NAV) se...

Ecaterina Craciun · 17.09.2021 · 18:29 · 1 min
Insurers’ Assets and Liabilities Up 9% and 10% in Q1
Banks-Insurance

Insurers’ Assets and Liabilities Up 9% and 10% in Q1

The assets and liabilities of insurance companies increased by 9% to 10% in the first quarter of 2021 compared with the year-ago period, a Financial Supervisory Authority (ASF) report shows.

Loredana Frățilă-Cristescu · 05.08.2021 · 09:00 · 1 min