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Banca Transilvania Posts RON3.9B Consolidated Net Profit In Jan-Sep 2024
Capital Market

Banca Transilvania Posts RON3.9B Consolidated Net Profit In Jan-Sep 2024

Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON3.9 billion consolidated net profit in January-September, an increase of 70% on the year-ago period, while operating inc...

Loredana Frățilă-Cristescu · 08.11.2024 · 20:04 · 1 min
IBC Focus: Six of Ten Largest Builders in Romania Expect Turnover Growth in 2024, 70% of Them Feel Skilled Workforce Shortage
Companies

IBC Focus: Six of Ten Largest Builders in Romania Expect Turnover Growth in 2024, 70% of Them Feel Skilled Workforce Shortage

Six of the ten largest builders in Romania forecast turnover growth this year, particularly supported by public works, reveals an IBC Focus survey, while 20% see stagnation and 20% a decline...

Roxana Dumitru Rosu - Mediafax · 07.11.2024 · 11:19 · 1 min
Cushman & Wakefield Echinox: New Retail Space Deliveries Likely to Overshoot 200,000 Sqms in 2024, Close to 2023 Record High
Real Estate

Cushman & Wakefield Echinox: New Retail Space Deliveries Likely to Overshoot 200,000 Sqms in 2024, Close to 2023 Record High

New retail project deliveries are likely to cross the 200,000-sqm threshold this year as well, close to the level of 2023, when developers built 213,000 square meters of new retail spaces, a...

Cristina Bellu · 07.11.2024 · 11:05 · 1 min
Appraisal & Valuation Posts 27% Increase In Revenue To RON5M In Jan-Sep
Capital Market

Appraisal & Valuation Posts 27% Increase In Revenue To RON5M In Jan-Sep

Appraisal & Valuation (APP.RO), a company that provides real estate appraisal, consulting and development services, posted RON5.1 million revenue in January-September 2024, up 27% from the y...

Loredana Frățilă-Cristescu · 01.11.2024 · 13:51 · 1 min
Sameday Expects 40% Growth In Revenue In 2024
Companies

Sameday Expects 40% Growth In Revenue In 2024

Sameday, one of the largest actors on Romania’s parcel delivery market expects 40% growth in revenue this year, CEO Lucian Baltaru told a news conference.

Loredana Frățilă-Cristescu · 01.11.2024 · 10:54 · 1 min
Fashion Days Jan-Sept 2024 Sales Rise 13.8%, Above Market Average
Companies

Fashion Days Jan-Sept 2024 Sales Rise 13.8%, Above Market Average

Fashion retailer Fashion Days, part of eMAG group, saw its sales on the Romanian market rise by 13.8% during the January-September period against the year-earlier period.

Ioana Nita · 31.10.2024 · 10:43 · 1 min
Romania Private Lending Speeds Up to 8.4% in September
Banks-Insurance

Romania Private Lending Speeds Up to 8.4% in September

Romania private lending went up by 8.4% in September 2024 against September 2023, to a total of RON413.2 billion, central bank data showed on Wednesday, October 23, 2024.

Cristina Bellu · 23.10.2024 · 11:37 · 1 min
Mokka: Romania BNPL Market Worth below EUR200M Now, Likely to Reach EUR500M in Five Years
Companies

Mokka: Romania BNPL Market Worth below EUR200M Now, Likely to Reach EUR500M in Five Years

Romania Buy Now Pay Later (BNPL) market is in full swing, supported by fast digitalization and consumers’ changing behavior, said Alexandru Balaci, CEO of Mokka Romania, a provider of BNPL s...

Alexandra Cepăreanu · 23.10.2024 · 09:14 · 1 min
Paper Bag Maker Barleta Boosts Production Capacity by 15%
Companies

Paper Bag Maker Barleta Boosts Production Capacity by 15%

Barleta plant of Bacau, where paper bags are manufactured for major supermarket chains, fast-food networks or bakery producers, has boosted production capacity by 15% in the wake of operated...

Mirabela Tiron · 21.10.2024 · 09:32 · 1 min