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CEC Bank Group Posts RON687.9M Net Profit In 2024
Banks-Insurance

CEC Bank Group Posts RON687.9M Net Profit In 2024

Financial group CEC Bank posted ROIN687.9 million net profit in 2024, an increase of 30% on 2023, while assets increased by 19% to RON99.33 billion.

Loredana Frățilă-Cristescu · 07.04.2025 · 21:55 · 1 min
E-Learning Company Ascendia Budgets RON45.2M Revenue In 2025, 3.5 Times Higher Than In 2024
Capital Market

E-Learning Company Ascendia Budgets RON45.2M Revenue In 2025, 3.5 Times Higher Than In 2024

Ascendia (ASC.RO), a company that develops e-learning solutions for various fields such as corporate training, healthcare and entertainment, has budgeted RON45.2 million total revenue for 20...

Loredana Frățilă-Cristescu · 31.03.2025 · 22:46 · 1 min
Meta Estate Trust Posts 15% Higher Net Profit In 2024, RON11M
Capital Market

Meta Estate Trust Posts 15% Higher Net Profit In 2024, RON11M

Meta Estate Trust (MET.RO), a holding company that operates in the real estate sector and serves as a portal between the real estate market and the capital market, posted RON10.8 million net...

Loredana Frățilă-Cristescu · 31.03.2025 · 19:10 · 1 min
Banca Transilvania Expects 14% Growth In Assets To RON210B In 2025
Banks-Insurance

Banca Transilvania Expects 14% Growth In Assets To RON210B In 2025

The assets of Banca Transilvania (TLV.RO), the leader of the Romanian banking market, are set to increase by 14% to RON210 billion in 2025, as a result of the increase in the gross lending v...

Loredana Frățilă-Cristescu · 28.03.2025 · 11:23 · 1 min
Simtel Team Expects RON45.6M Net Profit In 2025, Up 24% Year-On-Year
Capital Market

Simtel Team Expects RON45.6M Net Profit In 2025, Up 24% Year-On-Year

Engineering and technology company Simtel Team S.A. (SMTL.RO) on Monday notified the Bucharest Stock Exchange that it would submit to shareholders for voting the 2025 spending and revenue bu...

Loredana Frățilă-Cristescu · 24.03.2025 · 22:32 · 1 min
Fashion Retailer Mango Revenue Up 14% To RON96.5M In Romania In 2024
Retail&Consumer

Fashion Retailer Mango Revenue Up 14% To RON96.5M In Romania In 2024

Spanish-held fashion retailer Mango, one of the best known on the mass-market segment, managed to keep growing last year, despite online platforms like Shein and Temu, which sell products fr...

Loredana Frățilă-Cristescu · 19.03.2025 · 23:27 · 1 min
Softbinator Group Switches To Profit In 2024
Capital Market

Softbinator Group Switches To Profit In 2024

Softbinator Technologies, a Romanian provider of full software development services (product management, product design, software development, AI/ML development and product marketing) posted...

Loredana Frățilă-Cristescu · 13.03.2025 · 22:33 · 1 min
VIG’s Insurers In Romania Generated More Than EUR900M Gross Written Premiums In 2024, Up 25% On 2023
Banks-Insurance

VIG’s Insurers In Romania Generated More Than EUR900M Gross Written Premiums In 2024, Up 25% On 2023

Insurance companies in Romania that are part of Vienna Insurance Group (VIG), i.e., Omniasig, Asirom and BCR Asigurari de Viata, saw gross written premiums of more than EUR900 million at the...

Loredana Frățilă-Cristescu · 12.03.2025 · 23:08 · 1 min
Hidroelectrica Budgets Higher Revenue, Lower Net Profit  For 2025
Capital Market

Hidroelectrica Budgets Higher Revenue, Lower Net Profit For 2025

State-run Hidroelectrica (H2O.RO), the largest electricity generation company in Romania, has budgeted RON10.3 billion revenue for 2025, an increase of 2% on the 2024 level, as well as RON3....

Loredana Frățilă-Cristescu · 11.03.2025 · 23:21 · 1 min