08.31.2023

Patria Bank (PBK.RO), a lender owned by private equity fund Emerging Europe Accession Fund (EEAF), ended the first half of 2023 with RON11.2 million net profit, up 10.9% from the same period in 2022, more

08.10.2023

Belgium's industrial and logistics space developer WDP reported rental income of EUR35.1 million related to the 69 properties it owns in Romania. more

07.18.2023

World Bank placed Romania among high income countries in 2022, i.e., those with an average income per capita of more than $13,846, along with other 82 countries and territories. more

06.07.2023

Romania's total monthly average income was RON6.464 per household (RON2.575 per person), in nominal terms, in 2022, higher by 13.8% and by 14.8%, respectively, compared to 2021, in line with data from more

06.06.2023

Intesa Sanpaolo Romania, the local subsidiary of Italy’s banking group by the same name, posted EUR2 million net profit in the first quarter of 2023, a report of its parent group shows. more

05.16.2023

Patria Bank (PBK.RO), a lender listed on the Bucharest Stock Exchange, on Monday evening announced its financial results for the first quarter of 2023: RON4.1 billion banking assets, RON44 million net more

02.24.2023

Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON2.5 billion consolidated net profit in 2022, an increase of 23% on 2021, while assets increased by 6% to RON140.5 billion. On the more

02.16.2023

Romania must implement the European Fair Minimum Wage by 2024. The provisions of the European Directive and its impact on Romanians are included in an analysis by Claudia Sofianu, Partner, Income Tax more

01.26.2023

8 Romanians out of 10 would change their job for higher incomes and better development opportunities, according to a study carried out by Boston Consulting Group, one of the world's largest business more

01.26.2023

Over half of Romanian employees (59%) are worried about the impact of economic uncertainty on their job security, according to the twentieth edition of Randstad Workmonitor. more

10.18.2022

In 2022, Romanian employees focus mostly on increasing their income to cope with price increases (25%), on finding a new job (20%), on professional development (13%), on finding job satisfaction more

08.03.2022

BRD for the first half of this year reported total net banking income of RON1.6 billion, up 9%, and operating expenses of RON806 million, 5.1% above the 1H/2021 level. more

04.21.2022

Austrian property developer Immofinanz reported revenues of EUR48.8 million at the end of financial year 2021 from renting its office and retail properties in Romania. more

02.10.2022

BRD-SocGen, the third largest bank on the Romanian market by assets, ended 2021 with a net profit of RON1.27 billion, up 34% on the previous year, while net banking income stood at RON2.95 billion, up more

01.11.2022

One United Properties (ONE.RO), a real estate developer of premium residential projects in Romania, expects a turnover of RON1.5 billion and a net profit of RON548 million in 2022, according to the more

11.04.2021

BRD-Societe Generale ended the first nine months of 2021 with net banking income worth RON2.3 billion, up 1.2% from the same period of 2020, and RON920 million profit, up 25%. more

04.28.2021

Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, made EUR11.3 million in rental income in this country in the first quarter, its latest report more

03.29.2021

Globalworth, the largest office space owner in Central and Eastern Europe, saw a 6.5% increase in net operating income to EUR157.3 million in 2020, whiles total portfolio value remained at EUR3 more

08.31.2020

Promenada Mall in Bucharest, held by South Africa’s NEPI Rockcastle, posted 98 million lei rental income in 2019, 10% more than in the previous year, Finance Ministry data show more

08.17.2020

The four Vivo! malls of Austria’s Immofinanz made 180 million lei in rental income last year, the same as in 2018, but the profit was six times higher, RON16 million, ZF has found from Finance more

08.05.2020

Only 6% of Romanians say their current income ensure a financially carefree lifestyle and a little over 14% keep an in-depth written record of their expenses, per a Novel Research survey. more

07.03.2020

The World Bank has reclassified Romania as a high-income country from the upper-middle income category after incorporating 2019 data. more

02.27.2020

Lenders’ interest income reached RON18.8 billion in 2019, while interest expenses stood at merely RON3.6 billion. more

01.29.2020

Prime Minister Ludovic Orban continues to say that dropping the income tax exemption some IT employees currently get is a good thing and that equal fiscal treatment for all citizens and companies is a more

06.06.2019

Oracle, IBM, Ericsson, Endava, Luxoft and Nokia, which have thousands of employees in the biggest cities in Romania will have to increase their salary budgets by 10% if the tax exemption for more