The Bucharest Stock Exchange (BVB) Group reported a consolidated net profit of RON 5.48 million for Q2 2024, up 244 percent from the RON 1.59 million recorded in the same quarter of the previous year, and 85 percent higher than in Q1 2024.BVB Group's consolidated net profit in H1 advanced 152 percent to RON 8.44 million, and its consolidated operating profit reached RON 7 million, by RON 6.85 million more compared to the previous period, mainly due to the positive evolution of revenues in all of the group's business segments.As of June 30, 2024 the group's total consolidated assets amounted to RON 246.53 million, up 4 percent or by RON 9.40 million compared to December 31, 2023.Current assets stand at RON 128.29 million, 8 percent down from December 31, 2023, as a result of liquidity reinvestment in long-term government securities.BVB Group's equity amounts to RON 172.82 million, 3 percent down compared to the beginning of the year.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
