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OTP Bank Profit Shrinks 40% to RON34.6M in 2022
OTP Bank Romania posted after tax profit of RON34.6 million in 2022, a decline of 40% on 2021, the group report published in Budapest shows. The report presents the consolidated results, in...
Three-Month ROBOR Ends March 6-10 Week at 6.91% A Year
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continued to slide and ended th...
Romania Computer and Electronics Market Up 8.6% in Value, Down 5% in Volume in 2022
Romanians spent almost EUR5 billion on electronics, home appliances, cell phones and IT products in 2022, a record high for the Romanian market, which stood at only one quarter of the curren...
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...
Dafora Medias Revenue Shrinks 86% to RON11.9M in 2022
Drilling company Dafora Medias (DAFR.RO) posted RON11.9 million revenue in 2022, 85.8% lower than the RON83.6 million of the previous year, ZF has calculated from the data in the company’s f...
Franke Romania Ends 2022 with EUR13M Revenue
Franke Romania, the local subsidiary of the Swiss group by the same name, ended last year with EUR12.9 million revenue, its officials say. The revenue was 5% lower than in 2021, as ZF calcul...
ANCPI: Real Estate Transactions Down 44% in January 2023 vs. December 2022
The number of real estate transactions, which include houses, land and apartments, decreased in January by 44.4% compared with December 2022, data provided by the National Agency for Cadaste...
Romania Industrial Production Down 1.8% in 2022 YOY
Romania’s industrial production slumped by 1.8% in 2022 due to drops in electricity, thermal energy, gas, steam and air conditioning production and supply (-9.4%), mining industry (-2.8%) an...
Three-Month ROBOR Drops Further, Down to 7.09% A Year on Feb 13
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continues downward trend, slipp...