INCOME
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Promenada Mall Makes Almost RON100M in Rental Income in 2019
Promenada Mall in Bucharest, held by South Africa’s NEPI Rockcastle, posted 98 million lei rental income in 2019, 10% more than in the previous year, Finance Ministry data show
Immofinanz Vivo! Malls Rental Income Reaches RON180M in 2019
The four Vivo! malls of Austria’s Immofinanz made 180 million lei in rental income last year, the same as in 2018, but the profit was six times higher, RON16 million, ZF has found from Finan...
Only 6% Of Romanians Say Their Income Ensure A Financially Carefree Lifestyle, Survey Shows
Only 6% of Romanians say their current income ensure a financially carefree lifestyle and a little over 14% keep an in-depth written record of their expenses, per a Novel Research survey.
Banks’ Interest Income Five Times Higher Than Interest Expenses In 2019
Lenders’ interest income reached RON18.8 billion in 2019, while interest expenses stood at merely RON3.6 billion.
Worst Hit Companies If Income Tax Exemption for Programmers Is Dropped
Oracle, IBM, Ericsson, Endava, Luxoft and Nokia, which have thousands of employees in the biggest cities in Romania will have to increase their salary budgets by 10% if the tax exemption for...
Lenders’ Interest Income Sees Double-Digit Growth In Q1
Romania’s banking system reaped the rewards of the rise in inflation and interbank rates in the first quarter, so all major players posted significant growth of 8% to 22% of the net interest...
BRD-SocGen Expects Significant Profit Improvement, 4% Rise In Net Banking Income In 2017
BRD-SocGen, the third leading bank in Romania, expects net banking income to go up by 4% and seeks a significant improvement in profit in 2017, after having posted 728.3 million lei (EUR160...
PWC Partner: Nearly 70% Of Farms In Romania Register Income Below EUR2,000/Year
Romania places sixth in the European Union by used agricultural area, of 13.9 million hectares, and generates the biggest value added to GDP in the EU, but, in terms of yield, the country is...
EC: 20% Richest Romanians Have An Income 8-Fold Higher Than Income Of Poorest 20%
The richest 20% of the Romanian population have an income more than eight times higher than the income of the poorest 20%, a ratio significantly higher than the EU average, according to the...