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Romania Private Lending Rises 6.8% To RON403B YOY in July 2024
Private lending in Romania posted a similar evolution with the June one, with an annual 6.8% increase (1.3% in real terms) to a total amount of RON403.9 billion, in line with central bank da...
Cushman & Wakefield: Bucharest Will Boast Biggest New Hotel Supply Growth in CEE Btw 2024-2026
Bucharest will during the 2024-2026 period register the strongest increase in new hotel spaces among CEE capital cities, with an advance of around 5.8%, meaning another 2,400 rooms will be d...
Antibiotice Iasi Export Revenue Doubles In H1 2024 Vs H1 2020
Antibiotice Iasi (ATB.RO), the largest Romanian-held drug producer, posted RON150 million revenue from exports in the first half of 2024, an increase of 25% on the year-ago period.
Banca Transilvania Sees 42% Rise In Net Profit To RON1.8B In H1 2024
Banca Transilvania (TLV.RO), the largest lender in Romania, ended the first half of 2024 with a consolidated net profit of RON2.1 billion, up from the RON1.59 billion in the first half of 20...
Infinity Capital Investments Net Profit Up To RON104.7M In H1 2024
Infinity Capital Investments (INFINITY.RO), one of the five financial investment companies listed on the Bucharest Stock Exchange, posted RON104.7 million net profit in the first half of 202...
Prices of Bucharest Old Apartments Up on Rising Housing Demand
The ever-rising demand for housing and the falling deliveries of new housing projects are pressuring the housing market, a reason why prices have also accelerated in mid-summer, SVN consulta...
OnePlus: Romania Smartphone Market Rises by 5-6% By Value in H1/2024, Stalls at 1.5 Sold Units
In the first half of this year, around 1.5 million smartphones were sold in Romania, flat from the year-earlier period, with the market growing only by value, by around 5-6%, in line with es...
Boston Consulting Group: Romanians’ Financial Wealth Will Grow by 9% Per Year on Average in Next 5 Years from $300B in 2023
Romanians’ financial wealth will expand by 9% on average per annum in the next five years, 1% above the average projected for Eastern Europe and 3% above the global growth pace, reveals the...
Romania Insurance Market Inches Up 3% in Q1/2024 To RON5.5B
Romania’s insurance market reached a volume of gross underwritten premiums of above RON5.5 billion at the end of the first quarter of 2024, registered a slight increase of 3.2% from the same...