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+’.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
