10.07.2024

The total monthly average income in Romania stood at RON8,210 per household, in nominal terms, in Q2/2024, representing RON3,274 per person, 2% more than in Q1/2024 and 18.8% higher than in Q2/2023, more

08.27.2024

Salt Bank, which has a EUR5 million bond issue with an 8.5% yearly yield and maturing on December 18, 2024 listed on the Bucharest Stock Exchange, posted RON31 million losses in the first half of more

07.10.2024

The total monthly average income in Romania stood at RON8,049 per household in Q1/2024, up 7.3%, representing RON3,210 per person, 7% more than in Q4/2023, data from the country’s statistics board more

06.10.2024

The total monthly average income in Romania stood at RON7,175 per household, in nominal terms, in 2023, representing RON2,872 per person and increasing by 11% and by 11.5%, respectively, compared to more

05.11.2024

Banca Transilvania (TLV.RO), Romania's largest lender, posted an individual net profit of RON913 million in the first quarter of 2024, up 35% compared with the year-ago period, the bank said in a more

05.10.2024

OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report published in more

02.13.2024

Large companies operating in the energy and utilities sectors at the Bucharest Stock Exchange recorded interest income of almost RON1.5 billion for the first nine months of 2023, up 54% compared to more

11.15.2023

Lender Patria Bank (PBK.RO), held by Emerging Europe Accession Fund (EEAF), ended the first nine months of 2023 with RON15 million net profit, the same as in the year-ago period (RON14.9), it said in more

11.10.2023

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, posted RON2.3 billion net consolidated profit in the first nine months of 2023, up from the RON1.68 billion in the year-ago more

10.05.2023

The total monthly average income in Romania stood at RON6,910 per household, in nominal terms, and at RON2,770 per person in Q2/2023, a decrease of 1.0% compared to Q1/2023. more

08.31.2023

Patria Bank (PBK.RO), a lender owned by private equity fund Emerging Europe Accession Fund (EEAF), ended the first half of 2023 with RON11.2 million net profit, up 10.9% from the same period in 2022, more

08.10.2023

Belgium's industrial and logistics space developer WDP reported rental income of EUR35.1 million related to the 69 properties it owns in Romania. more

07.18.2023

World Bank placed Romania among high income countries in 2022, i.e., those with an average income per capita of more than $13,846, along with other 82 countries and territories. more

06.07.2023

Romania's total monthly average income was RON6.464 per household (RON2.575 per person), in nominal terms, in 2022, higher by 13.8% and by 14.8%, respectively, compared to 2021, in line with data from more

06.06.2023

Intesa Sanpaolo Romania, the local subsidiary of Italy’s banking group by the same name, posted EUR2 million net profit in the first quarter of 2023, a report of its parent group shows. more

05.16.2023

Patria Bank (PBK.RO), a lender listed on the Bucharest Stock Exchange, on Monday evening announced its financial results for the first quarter of 2023: RON4.1 billion banking assets, RON44 million net more

02.24.2023

Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON2.5 billion consolidated net profit in 2022, an increase of 23% on 2021, while assets increased by 6% to RON140.5 billion. On the more

02.16.2023

Romania must implement the European Fair Minimum Wage by 2024. The provisions of the European Directive and its impact on Romanians are included in an analysis by Claudia Sofianu, Partner, Income Tax more

01.26.2023

8 Romanians out of 10 would change their job for higher incomes and better development opportunities, according to a study carried out by Boston Consulting Group, one of the world's largest business more

01.26.2023

Over half of Romanian employees (59%) are worried about the impact of economic uncertainty on their job security, according to the twentieth edition of Randstad Workmonitor. more

10.18.2022

In 2022, Romanian employees focus mostly on increasing their income to cope with price increases (25%), on finding a new job (20%), on professional development (13%), on finding job satisfaction more

08.03.2022

BRD for the first half of this year reported total net banking income of RON1.6 billion, up 9%, and operating expenses of RON806 million, 5.1% above the 1H/2021 level. more

04.21.2022

Austrian property developer Immofinanz reported revenues of EUR48.8 million at the end of financial year 2021 from renting its office and retail properties in Romania. more

02.10.2022

BRD-SocGen, the third largest bank on the Romanian market by assets, ended 2021 with a net profit of RON1.27 billion, up 34% on the previous year, while net banking income stood at RON2.95 billion, up more

01.11.2022

One United Properties (ONE.RO), a real estate developer of premium residential projects in Romania, expects a turnover of RON1.5 billion and a net profit of RON548 million in 2022, according to the more