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.
Health minister Alexandru Rogobete unveiled the EUR 100 million digital platform designed to modernize Romania’s national health system and eliminate bureaucratic inefficiencies. The project is financed through the EU-backed National Recovery and Resilience Plan (PNRR). According to the minister, the new Health Insurance Information Platform (PIAS) will integrate patient records, prescriptions, referrals, and medical leave […]
The Prosecutor’s Office attached to the Bucharest Court of Appeal, which is handling the case regarding the deadly explosion in the apartment block in the Rahova neighborhood of Bucharest, announced on Monday, October 20, that there is no evidence of the use of explosive material. Gas leaks may have caused the powerful blast, but no definitive […]
Authorities in Romania closed road traffic on the famous Transfăgărășan and Transalpina mountain roads due to bad weather conditions and possible hazards caused by heavy snowfalls, blizzards, frequent avalanches, and massive rock or stone falls. Specifically, traffic has been closed on DN7C (Transfăgărășan), on the section between Piscu Negru (km 104+000) and Bâlea Cascadă (km […]
Romania will again switch to winter time this weekend, in the night from Saturday to Sunday, October 25-26. Thus, at 4:00 am, clocks will be turned back one hour to 3:00 am, marking the return to Eastern European Time (EET) and making Sunday the longest day of the year, lasting 25 hours. The time change […]
Fredel is redefining how families in Romania and across Europe access elite education and lifestyle learning. Founded by Martyn Birchall, an education expert, Fredel works with like-minded families who believe in investing early in the future of their children. At its heart, Fredel is not just an educational consultancy — it...
Travel platform Lonely Planet has published a list of best Halloween destinations to try in Europe and Romania’s famous region of Transylvania is at the top. Best known as the place where Dracula’s Castle is located, the Romanian region is also home to the Citadel of Sighişoara or the spooky Hoia-Baciu Forest in Cluj-Napoca. “Forget […]
