Personal financial planning remains a constant growth driver in Raiffeisen Bank Romania's long-term strategy. In the first half of 2024.
tbi's profit for the first six months of 2023 has already been capitalized upon approval by the Bulgarian National Bank at the end of 2023.
Operating profit amounted to RON 5 million, a 29% increase over Q1 2023, while net profit was RON 2.2 million, a 62% rise.
Thanks to continuous and prudent lending policies, provisions were still low at approximately RON 58 million, but higher than in the same period last year.
Simtel Team posted, at consolidated level, operating revenues of RON 45.9 million in the first quarter of 2024, down 30% compared to the same period last year.
tbi bank's consolidated unaudited financial results for the first quarter of 2024 show net profit of €11.3 million – almost 40% higher than the profit in Q1 2023.
Total assets reached €4.7 billion at the end of the first quarter, up 8% compared to the first quarter of 2023.
MOL Group Profit before tax reached $382 million in the first quarter of 2024, 18% and 29% lower quarter-on-quarter and year-on-year.
Capital ratio climbed to 23,36% underscoring the institution's financial strength, providing a solid foundation for future growth and stability.
One United Properties posts a consolidated turnover of €84.3 million for Q1 2024, a 5% decrease compared to Q1 2023.
In 2023, Digi Communications registered €1.7 billion in consolidated revenues (+13% YoY) and an adjusted EBITDA of €591.2 million (+17% YoY).
At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking application.
BRD individuals' loan production touched a new record level, RON 2.35 billion in Q1 2024, +43% YoY, building on consumer loans' best quarter ever, with a growth of +51% YoY.
AROBS Transilvania Software targets a consolidated turnover of RON 494.9 million and a net profit of RON 48.8 million.
Simtel Team targets in 2024 at the consolidated level, operating revenues of RON 394 million, EBITDA of RON 49 million and a net profit of RON 35 million.
The company estimates double-digit increases, both in terms of top line (sales of RON 1.64 billion, +12.2%) and bottom line (normalized net profit of RON 95.7 million, +20.1%);
The consolidated gross profit target is €123.5 million, 15% higher than the result for 2023, while the net profit is estimated to reach €105 million in 2024.
he Group's total revenue was RMB271.0 billion, while its adjusted net profit surged by 126.3% to reach RMB19.3 billion.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Over the past 7 years tbi bank went through a major transformation from a traditional local player into SEE's leading challenger bank.
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.
Public food service company Sphera Franchise Group has earmarked approximately RON 100 million (around €20 million) for investments in 2025.