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.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
