03.01.2023

Financial investment company SIF Oltenia (SIF5.RO) posted RON2.2 billion assets in 2022, down from the RON2.4 billion of 2021. Net profit on the other hand, increased from RON37.6 million to RON165 more

03.01.2023

SIF Banat Crisana (SIF1.RO), a financial investment company that will soon change name to Lion Capital, announced its assets reached RON3.4 billion in 2022, compared with RON3.6 billion in the more

02.21.2023

The private pension funds operating on the mandatory segment in Romania (Pillar II) reported record assets of RON100.2 billion in January 2022, being the first time Pillar II funds have overshot the more

01.30.2023

The net assets of the 240 domestic and foreign open-end and closed-end investment funds operating in Romania fell by 1.3% in December 2022, to RON45.9 billion, and plunged by 14.4% since the beginning more

01.23.2023

Romania's private pension system, consisting of Pillar II - mandatory private funds to which several million Romanian employees contribute a portion of their gross monthly income, and Pillar III - more

11.28.2022

The net assets of the 239 domestic and foreign open-end and closed-end investment funds operating in Romania fell by 0.7% in October 2022, to RON46.4 billion (EUR9.5 billion), and plunged 13.4% since more

09.06.2022

The assets of former chemical plant Nitroporos, part of InterAgro Group held by businessman Ioan Niculae, are up for sale after the company went bankrupt several years ago. more

08.26.2022

Banca Transilvania financial group ended the first half of this year with net consolidated profit of RON1.046 billion, 3% higher than in the same period of 2021, with the bank’s profit standing at more

08.24.2022

DN Agrar, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation, tourism and advisory services, has announced the more

08.19.2022

Even with the tremendous volatility in the sector, there are many more traditional hedge funds investing in crypto and more specialist crypto funds being created as the digital asset class gains more

08.17.2022

The private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON92.4 billion in August 2022, higher by RON5 billion than the level at mid-2022, recovering more

07.20.2022

The assets of the three non-bank financial markets in Romania – the insurance market, the private pension market and the capital market doubled from 2014 through the end of 2021, the Financial more

07.07.2022

Romanians’ real estate assets have continued to grow in 2020 and 2021, the two years of the COVID-19 pandemic, by RON360 billion, respectively 20.7% above the 2019 level, reaching a record high of more

05.26.2022

The net assets of the 236 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 1.2% in April 2022, to RON52.1 billion (EUR10.5 billion), and dropped by 2.9% since more

05.17.2022

Patria Bank in 1Q/2022 reported net banking income of RON41.5 million, flat from the year-ago period, determined by the evolution of revenues from financial activity affected by market conditions and more

05.17.2022

Real estate developer Impact Developer & Contractor in the first quarter of 2022 posted property sales revenues worth RON37 million, down 5%, and net profit of RON6 million, from RON1.3 million losses more

04.20.2022

The valuation department of real estate consulting firm Cushman & Wakefield Echinox appraised over 380 properties worth a total EUR5.5 billion in 2021. more

03.28.2022

Insolvency specialist CITR has sold RON13.15 milion (more than EUR2.6 million) worth of agro-industrial assets to Cerealcom Bacau, a member of the agribusiness group Pambac, the company part of the more

03.23.2022

The net assets of the 233 domestic and foreign open-end and closed-end investment funds operating in Romania dropped by 3.1% in February 2022, to RON52.1 billion (EUR10.5 billion), and by 2.9% since more

02.25.2022

Romanian state-owned natural gas transmission company Transgaz ended 2021 with net profit worth RON177 million, 1% higher on the year. more

02.25.2022

Banca Transilvania ended 2021 with operating revenue worth RON4.3 billion, up 10.4% and net profit of RON1.7 billion, 49% above the 2020 level. more

02.22.2022

Austrian group Raiffeisen Bank International reported net profit worth EUR173 million from Romanian operations in 2021, up 31.8% from the 2020 gain. more

02.17.2022

The financial assets managed by insurer NN Asigurari de Viata on the life and health insurance segment reached nearly RON4.6 billion at end-2021, up 8.5% against 2020, and its pre-tax profit stood at more

01.28.2022

The net assets of the 234 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 4.7% in December 2021, to RON53.7 billion (EUR10.8 billion), and by 20.7% in 2021, more

01.21.2022

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON89 billion (EUR18 billion) in 2021, higher by approximately RON14 billion (+19%) on more