Results 1 - 21 from 21 for "profitability"
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Kearney: Romania Retail Banks at Bottom of European Ranking by Profitability per Client
06.05.2025
Romania banks are at the bottom of the European ranking in terms of profitability per client, with just EUR77, in the context of a EUR168 average in Eastern Europe and a record high EUR238 at the more
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Romania’s Insurers Boast All-Time Net Profit in 2022
07.13.2023
Romania’s insurers last year hit an all-time high in terms of total net profit, at RON773 million, double the 2021 level and more than 12 times higher than the 2020 one, in line with information more
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Deloitte: Banks’ Profitability To Decrease Over The Next Year
10.10.2022
Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s invasion of Ukraine, supply chain disruptions, inflation rise, more
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McKinsey: Romania Banking Sector Sees Profitability Drop To 8.26% In 2020 Vs. 11% In 2019
01.20.2022
The Romanian banking sector saw its profitability fall to 8.26% in 2020, from 11.06% in 2019 due to the pandemic, being the first time the local banking sector profitability was below 10% in the last more
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Cold Cuts Maker Elit Keeps Up Profitability at 2020 Level in 2021
01.04.2022
Elit, a major producer of cold cuts in Romania, with RON620 million turnover and RON55 million profit in 2020, managed to maintain its profitability level in 2021 as well by boosting sales amid tough more
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2021, the Year of Farming Companies in Romania: Over 15,000 Firms Were Founded, Up 280% YOY
12.28.2021
Over 15,000 new companies operating in the fields of agriculture, forestry and fishing were set up during January-November 2021, 280% more than in the same period of last year, in line with Trade more
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Asirom Expects RON760M Gross Underwritten Premiums at End-2021, Up 20% YOY
12.22.2021
Asirom, the second biggest insurer in Romania and part of Austria’s group Vienna Insurance Group (VIG), forecast a volume of gross underwritten premiums of around RON760 million at the end of 2021, more
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Kearney: Retail Banks Seen Returning to Pre-Covid Performance in 3-5 Years
05.10.2021
European retail banks will return to their pre-COVID performance within three to five years and profitability will remain under pressure for the next two years, global consultancy company Kearney said more
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PwC: Just 53% Of CEE Executives Expect Profitability Growth And Just 21% Ponder New M&A To Drive Growth
04.26.2021
One year after the WHO declared COVID-19 a pandemic, 76% of global CEOs believe global economic growth will improve in 2021. In Central and Eastern Europe (CEE), optimism is also the order of the day, more
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Fashion Days Aims For Higher Than Market Average Growth, Profitability
07.20.2018
Online fashion retailer Fashions Days held by local company Dante International, which also operates eMAG, plans to grow sales at a higher rate than the rest of the market this year 7% to 8% and more
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Study: Just 5.6% of Companies in Romania Are Financially Stable, Pay Debts on Time
10.05.2017
Only 5.6% of companies in Romania are strong, financially stable and pay their debts on time and together they generated over 86% of profit made by Romanian businesses and over 40% of total turnover, more
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Vel Pitar: Romanian Bakery Industry Profitability EU’s Lowest
05.29.2017
Average bread price in Romania is the lowest in the European Union, while costs (power, flour etc.) are the same as in the EU countries, which hurts the bottom line, says Dan Trifu, vice-president of more
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Banca Transilvania, Most Profitable Lender In Romania In 2015
05.18.2016
Romanian banks were among the most profitable lenders in Europe by return on assets indicator (ROA) in 2015, while Banca Transilvania was the most profitable lender in Romania, with a RON2.4 billion more
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Romanian Banking System Profitability Seen Recovering This Year On Lower Risk Costs
05.05.2015
The local banking system could return to profit this year, with a return on equity estimated at 2.7% this year and 3.9% in 2016, as risk costs and non-performing loan rates will be lowered to 2.8% in more
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Banks, Still Unable To Take Firm Steps To Restore Profitability
06.05.2014
Romanian banks have left the crisis behind, but moves to reduce paperwork and streamline operations with a view of slashing costs and luring new clients are still scarce and unevenly applied. more
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Leonardo Starts Selling Clothes And Home Care Products To Improve Profitability
11.11.2013
Romania’s largest footwear retailer Leonardo will start selling clothes, cosmetics and home care products in its too large, non-profitable stores in a move to optimize its financial results and more
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Romanian Bankers See Higher Profitability In 2013 - Survey
02.14.2013
Romanian banking executives expect system profitability will improve in 2013 after several years of losses, a survey from KPMG showed Thursday. more
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Business Profitability Ratio In Romania Down To 0.5% In 2011 - Report
11.27.2012
Business profitability ratios in Romania fell to 0.53% on average in 2011, from 1.6% a year earlier, a report from advisory firm Expense Reduction Analysts (ERA) Romania showed Tuesday. more
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BCR’s New Board Eyes Return To Profit
04.30.2012
The new management team of Banca Comerciala Romana, or BCR, has set as main target a return to profit in the medium term. The Romanian central bank has recently approved the appointment of Tomas more
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UniCredit: Romanian Banking Profitability To Continue Decline
10.17.2011
Romanian banking profitability is likely to continue its decline through 2011, due to increasingly high costs, while the small, less specialized banks could even shut their doors, the head of more
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BNR: Oil, Gas Companies Top Performers In 2010
09.13.2011
Romanian oil and natural gas companies were top economic performers in 2010, unlike state firms, which lagged in negative territory, central bank data showed. more