The assets of Romanian state-owned CEC Bank increased last year by 19% compared to the same period in 2023, while profit also rose.
The group’s assets increased from RON 83.61 billion to RON 99.33 billion, while its net profit rose to RON 687.9 million, of which the bank’s net profit was RON 668.2 million. By comparison, CEC Bank registered a net profit of RON 515.8 million in 2023.
Net interest income registered an increase of about 30% in 2024, by approximately RON 483...
Roughly 4,000 troops and 913 military vehicles from ten NATO countries will take part in the multinational exercise Dacian Spring 2025 (DASP 25), scheduled to take place in Romania between May 5 and 23. The participating countries include Belgium, Bulgaria, France, Italy, Luxembourg, North Macedonia, Poland, Portugal, Romania, and Spain. The exercise is planned and […]
Award-winning films or selections from the most important festivals of 2024-2025 will be shown in premiere in Romania at the 24th edition of the Transylvania International Film Festival (TIFF) in Cluj-Napoca between June 13 and 22. Some of the productions were shown at festivals like the ones in Cannes, Karlovy Vary, Venice, San Sebastian, Sundance, […]
George Simion, the leader of far-right party Alliance for the Union of Romanians (AUR) and Bucharest mayor Nicușor Dan, who is running as an independent, are the main favorites to win the upcoming presidential election, according to an IRSOP poll. George Simion would be voted by 31% of Romanians, while Nicușor Dan would receive 28% […]
Romania had in 2024 the highest share of emigrants among EU states, with 24% or 4.6 million people living abroad, as well as one of the highest volumes of remittances relative to GDP, namely 2.8% in 2023, according to an analysis by Alpha Bank. Romanians who left the country sent back around RON 13 billion […]
The third edition of the LYNX Festival, Romania’s first event dedicated exclusively to nature documentaries and photography, will open on June 4 in Brașov with the Romanian premiere of Europe – One Continent, Five Worlds, a sweeping nature series filmed over more than 1,000 days across 30 countries. The festival will run from June 4 […]
The Chinese car company with the largest international presence, Chery, will officially begin selling cars on the Romanian market this year, Profit.ro reported. Its local catalog is to include the Tiggo 8 SUV, the first model officially approved in the European Union, which will soon...
