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Banca Transilvania Sees 39% Decline in Consolidated Net Profit to RON400M in Q1
Banca Transilvania (TLV.RO) financial group made RON400 million consolidated net profit in the first quarter of 2022, down 39% from the RON656 million of the same time in 2021, ZF has calcul...
Teraplast Net Profit Shrinks to RON6.8M in Q1
TeraPlast Group (TRP.RO) posted RON6.8 million net profit in the first quarter of 2022, compared with RON200.6 million in the first quarter last year, while revenue from its contracts with c...
Romania’s Budget Deficit Down 25% to RON9.5B in Jan-Feb 2022
Romania’s general consolidated budget posted almost RON9.51 billion deficit in the first two months of 2022, 25% lower than the RON12.76 billion in the year-ago period, the Finance Ministry...
New Car Registrations Down 4% in Romania in 2021
Romanians registered 121,208 new cars last year, 4% below the 2020 level of 126,351 units, data published by Romania’s carmaker association ACAROM showed on Monday.
NPL Ratio in Romania Down to Less Than 4% in 2021
The average ratio of non-performing loans (NPL) in the Romanian banking system fell below 4% of total loans in the first ten months of 2021, Romania’s central bank data show.
Federation of Hoteliers in Romania Expects Hotel Sector to End 2021 with 30% Decline Vs. 2019
Calin Ilie, head of the Romanian Hospitality Industry Federation (FIHR), says the hotel sector will end this year with a decline of just 30% against 2019, when it reported a turnover of RON6...
Bucharest Stock Exchange Main Index BET Down 3.5% in November
BET, the benchmark index of the Bucharest Stock Exchange, declined by 3.5% in November 2021, which was its weakest month since October 2020, according to Bucharest Stock Exchange data.
Romania’s Cosmetics and Personal Care Market Hits EUR1.56B in 2020, Down 2% from 2019
Romania’s cosmetics and personal care market reached a value of EUR1.56 billion in 2020, the first pandemic year, 2% less than in 2019, in line with data provided by market research company...
Romania Retail, Wholesale Trade Hit RON583B in 2020, Down from RON595B in 2019
Retail and wholesale trade reached RON583 billion last year, down from RON595 billion in 2019, the last pre-pandemic year. Despite the health crisis turned into an economic crisis, 2020 was...