Economy | 19 March, 2024 at 10:40 AM
Report: Local tourism fully recovered in 2023
The number of Romanian tourists staying in the country's hotels reached almost 7 million in 2023.
The number of Romanian tourists staying in the country's hotels reached almost 7 million in 2023.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Morphosis Capital Fund I Cooperatief UA, a growth capital fund, posts a combined turnover of €100 million in 2023 for its portfolio companies.
Over the past 7 years tbi bank went through a major transformation from a traditional local player into SEE's leading challenger bank.
2023 ended with solid activity levels for industrial and logistics, with some 770,000 square meters of leasing deals closed.
Despite initial challenges, Romania's residential real estate market demonstrated resilience throughout 2023, setting the stage for a promising outlook in 2024.
With double-digit premium growth and a strong increase in profit, Vienna Insurance Group (VIG) presents a particularly successful financial year 2023.
2023 report shows great consolidated financial results, with growing profitability and increasing income.
In 2023, Alpha Bank Romania continued to adapt to challenges and changes in the macroeconomic environment.
Connections (CC), a digital transformation company, has increased its revenue by 203% in 2023, reaching 177 million lei.
Chimcomplex, the leading producer and supplier of vital chemicals in the region, generated total revenues for 2023 of RON 1.367 billion.
ROCA Industry, the first industrial holding in Romania, specialized in construction materials, owned by ROCA Investments, recorded a cumulative turnover of 553.8 million RON.
Rompetrol Rafinare, recorded, in 2023, a decrease in financial indicators, on the background of the volatility of international quotations for crude oil and refined products.
Lemet, one of the largest furniture manufacturers at the national level and one of the largest retailers through the LEMS brand, recorded sales of RON 329.9 million in 2023.
NN paid insurance customers and private pensions participants RON 983 million in 2023, 27% more than the previous year.
Holde Agri Invest SA, one of the largest farmland operators in Romania, posts 56,500 tons of production in 2023, up 31% compared to 2022.
Packeta Romania recorded a doubling in the volume of parcels processed from the cross-border segment last year.
Safetech Innovations, posts an individual turnover of RON 31.1 million, down 11% compared to 2022 and a net profit of RON 9.7 million, down 5%.
The Romanian investment market recorded transactions of around €476 million last year, down by more than half over 2022's cycle high of €1.25 billion.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).