Finance | 21 February, 2025 at 10:32 AM
Romania strengthens position as third most preferred destination for investment in CEE
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
Regarding the distribution of Agroland Agribusiness revenues by category, in 2024, the largest share of turnover came from the grain trading activity.
NN recorded solid financial results across all business lines in 2024, continuing to ensure financial strength and stability, operational efficiency and digital transformation.
ING Bank Romania's revenues reached RON 3.8 billion in 2024, up 13% compared to 2023, and the value of the bank's total assets increased to RON 78 billion, up 9%.
On a gross basis, compared with the same quarter in 2023, GDP in the fourth quarter of 2024 increased by 0.7%.
The company strengthened its position as a converged telecommunications operator with the completion of the merger between Orange Romania and Orange Romania Communications.
The individual customer segment recorded a 15% increase compared to 2023, while the business segment grew by 11%. Locker delivery was the top-performing option.
In 4Q24, net revenues reached €5.6 billion, of which €2 billion of fees with a remarkable 8.9% year-on-year growth.
BRD Group's net result amounted to RON 1.524 billion, compared to RON 1.656 billion in 2023. BRD's capital adequacy ratio on an individual level is 23%.
The lift in M&A activity in 2024 was most pronounced in H2, with 415 deals announced – the highest H2 volume since 2012 and a 58% year-on-year increase from 263 deals in H2 2023.
Founded in 2002, Fortim Trusted Advisors has been controlled since December 2020 by Costin Nistor, Nicolae Ciobanu and Bogdan Cange.
In the Exploration and Production segment, the operating result excluding special items was RON 3 billion, down by 29%.
The fastest pace of recruitment in recent years consolidated the teams specialized in the most dynamic areas of practice.
The EIB Group supported a record of over €100 billion in new investment for Europe's energy security in 2024.
Over 430,000 people used AI Search last year, 70% of them visitors to the Ask BT website.
The ratio between the total number of tabulated mortgages and the total number of residential transactions registered in 2024 was of 51%.
The United States ranked first by country of origin for inbound transactions, continuing a six-year trend.
Average gross earnings were RON 8,825 in November, RON 213 (+2.5%) higher than in the previous month.
The highest annual increase in home sales among the five largest regional residential markets in Romania was recorded in Iasi, with an increase of 38.1%.
The consumer price index in December 2024 compared to November 2024 was up by 0.29%.
A new study reveals that Romanian entrepreneurs are navigating a delicate balance between optimism and concern as they face an increasingly unstable global economy.
Romcim, a CRH company, has further solidified its position in the Romanian construction industry by acquiring two concrete production facilities from BCC Agregate Betoane.
7X Partners, a private equity investment company, has acquired a 40% stake in Leventer Medical Group, a centre for dermato-oncology based in Bucharest.
Fil Rouge Capital (FRC) has announced the launch of its latest €60 million venture capital fund (FRC3) and is officially expanding its operations into Romania.
Bucharest is poised for a significant expansion in its data centre capacity, with projections indicating a rise from the current 20 MW to 50 MW within the next two years.