The Bucharest Stock Exchange (BVB) Group reported a net profit of RON 2.96 million for the first quarter of 2024, by 68 percent or RON 1.2 million higher from the prior year period, amid the upward dynamics started in 2023 after the listing of energy company Hidroelectrica, but also due to ongoing projects, show the consolidated financial results released on Thursday.BVB Group's consolidated operating profit in Q1 2024 reached RON 2.25 million, up by 132 percent year-on-year, as a direct effect of the revenues achieved in the transactions segment, and also backed by the positive trend of revenues in the post-transaction and register segments.Consolidated operational revenues increased by 34 percent or RON 4.4 million year-on-year to RON 17.25 million, mainly due to developments in the trading activity, with a direct impact also on the post-transaction business; this had a lasting positive effect on trading and settlement volumes, starting in H2 2023, with the listing of Hidroelectrica.Consolidated operating expenses were 26 percent up in Q1 2024 to RON 15 million, as a result of the growing inflation, the increase in personnel expenses determined by the enforcement of the Group-wide pay policy, as well as in third-party service expenses and other operational expenses, following the implementation of the projects approved at Group level.The consolidated net financial income was RON 1.27 million in Q1 2024, up 11 percent compared to Q1 2023, mainly as a result of the Group-wide increase in interest income, while provision expenses from expected credit loss were higher due to the increase in the CDS rate, but also in financial placements and cash assets.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
