Freedom Holding Corp.'s market capitalisation increased by 85% over the past year. Freedom24, its EU-based retail stockbroker, is rapidly gaining popularity across Europe. In Romania, the platform has attracted over 2,800 clients and achieved a total investment volume of €3 million. Freedom24 aims to increase its Romanian client base by 200% in 2025, targeting from first-time investors to experienced traders. Freedom Holding Corp. (FRHC), a NASDAQ-listed international investment group and the parent company of Freedom24—an EU-based retail stockbroker, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion. For the quarter ended December 31, 2024, Freedom Holding Corp. reported revenues of $655.2 million, a 57% increase ($236.6 million), over the same period last year. The growth was driven by higher insurance underwriting income and net gains on trading securities. The results coincided with a surge in the company’s market capitalisation: shares of Freedom Holding Corp., traded on the Nasdaq Capital Market, closed at $149.61 on February 6, taking the company’s valuation to an all-time high. Over the past year, the company’s market cap increased by 85%, and its share price has more than tenfolded since its Nasdaq debut in October 2019. Freedom Holding Corp. now serves 618,000 retail brokerage, 1.4 million banking, and 972,000 insurance customers, reflecting strong expansion across key segments. „These milestones not only underscore the success of our strategy but also highlight our growing prominence in the global financial services sector. They are a testament to our team's commitment to innovation and excellence, and they reaffirm our determination to provide world-class financial solutions to our clients worldwide”, states Timur Turlov, CEO of Freedom Holding Corp. The Freedom24 platform continues to attract a growing number of retail investors, driving its rapid expansion across Europe. Launched in the Romanian market last year, the platform has since attracted over 2,800 clients and achieved a total investment volume of €3 million. Romanian investors have shown a particular preference for U.S. and European markets, with technology stocks, ETFs, and options trading being among the most popular investment options. There is also a rising demand for sustainable investments, in line with global trends. For 2025, Freedom24 aims to increase its active client base in Romania by 200%. Additionally, the broker plans to complement its investment services with individual payment solutions, including debit cards linked to investment accounts. „Our goal at Freedom24 is to establish a strong presence in Romania and become one of the country’s top investment platforms. We are seeing a strong interest in financial investments, especially among younger generations. We want to increase awareness of the opportunities Freedom24 offers - access to global investment products, and tools designed for both beginners and experienced investors. We also emphasize the safety of our trading platform, which is developed in-house, and our solid, transparent infrastructure”, states Olga Milko, Business Development Director at Freedom24. Accessible via both mobile app and web, Freedom 24 platform provides users with direct access to the US, European, and Asian stock exchanges, enabling them to trade over 1 million financial instruments, including stocks, options, and exchange-traded funds (ETFs). The company’s strong performance was recognised by the international rating agency S&P Global Ratings which raised the long-term credit ratings of Freedom Finance Europe Ltd — which operates under the Freedom24 brand - from ‘B’ to ‘B+’.
HILS Development has announced a EUR 200 million investment in a new large-scale mixed-use residential project in northern Bucharest, marking the company’s expansion into one of the capital’s most dynamic growth areas. The development, called HILS Nord, will span 10 hectares near Lake Șaulei and feature 2,705 apartments alongside green spaces, retail areas, and other […]
The “Dimitrie Gusti” National Village Museum in Bucharest is set to host the Saint Andrew Fair between November 29 and December 1, celebrating both the Day of Saint Andrew the Apostle, the Protector of Romania, and December 1, Romania’s National Day. The museum will set up small shops for skilled craftsmen who will bring traditional […]
The Japanese premium skincare brand Onshindo Osaka officially enters the Romanian market through its exclusive distributor, Pharma Brands, marking a new milestone in its European expansion strategy. Following its successful launch in Spain, the company aims to capitalize on the growing interest of Romanian consumers in premium skincare products with clinically proven efficacy and authentic […]
Honor appointed Kerr Cheng as the new country manager for Romania, placing him at the helm during a “key phase” of the brand’s expansion in Central and Eastern Europe. The company said Romania remains one of its most dynamic and strategically important markets in the region, and Cheng will be responsible for accelerating local growth […]
Romania has closed its participation in the 2025 Venice Architecture Biennale with the conclusion of Human Scale, the exhibition presented in the Romanian Pavilion at Giardini della Biennale and in the New Gallery of the Romanian Institute of Culture and Humanistic Research. Meanwhile, the project’s official catalogue has been made available to the public. The […]
The forests around the mountain city of Brașov and the Postăvaru Massif may be home to the largest densities of large owls in the world, according to a study by biologist Călin Vasile Hodor from Wildlife Management Consulting and professor Dan Traian Ionescu from the Faculty of Forestry Brașov, as quoted by BizBrasov.ro. The study […]
