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ZF Estimate: Romania Mutual Funds Likely to Reach 1 Million Clients at End-2025
Romania mutual funds, managed by companies part of the country’s biggest banking groups, but also by independent administrators, are likely to reach 1 million clients at the end of 2025 shou...
Trendyol Gains 500,000 Customers In Eight Months Since Arrival In Romania, Aims For 1M By Yearend
Türkiye-based Trendyol, which created a marketplace platform for fashion and other products that can be sold online, has grown to 500,000 customers and 3 million products sold in Romania in...
Poland’s bValue Plans To Invest EUR20M In At Least Three Companies In Romania
Polish investment firm bValue is looking to invest in Romania in the coming period, allocating EUR20 million budget for companies in this country.
BCR Revises 2024 Economic Forecast For Romania Downwards
BCR, the second largest bank in Romania, has revised its 2024 economic growth forecast for the country to 1.9% from 2.6%, as previously stated. The revision of the forecast is because of the...
tbi bank Ends H1 2024 With EUR23.2M Net Profit
tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, ended the first half of 2024 with EUR23.2 million net profit, an in...
Romania Factoring Market Grows 8% in H1/2024, To EUR4.3B
Romania factoring market reached EUR4.33 billion in the first half of this year, up 8% from the same period of last year.
Autonom Services Sees Profit Up 53% In H1 2024
Mobility network Autonom Services, held by brothers Marius and Dan Stefan, ended the first half of 2024 with a net profit of RON18.8 million, up 53% from the first half of last year.
Software Developer Systematic Sees Revenue Up 22%, Profit Up 197% In 2023
Systematic Development Center, a private IT company based in Denmark that develops software and solutions for various customers, including for NATO militaries, intelligence services and the...
Allianz-Tiriac Asigurari Ends H1 2024 With Over RON1.8B Gross Written Premiums
Allianz-Tiriac Asigurari ended the first half of 2024 with gross written premiums of more than RON1.8 billion, 7.1% higher than in the year-ago period. Life insurance saw the fastest growth...