Finance | 27 December, 2024 at 6:53 AM
Total volume of underwriting on insurance market up to RON 16.9 billion in 9M 2024
Total gross claims paid (including branches) amounted to around RON 8 billion in the first nine months of 2024.
Total gross claims paid (including branches) amounted to around RON 8 billion in the first nine months of 2024.
Romania records the strongest performance among the six largest economies in Central and Eastern Europe.
Romania has the seventh largest M&A transaction in Central and Eastern Europe in the first 9 months.The value of global transactions reached $1.6 trillion, up by 10%.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
IMPACT had 333 pre-sold units in all projects as of September 30, 2024, with a total value of RON 193 million.
ROCA Industry reports in the first 9 months of this year a turnover of 517 million RON, at a cumulative level for the companies in the portfolio, increasing by 9% compared to 2023.
Normalized net profit increase of 66.3% compared to 9 months 2023, to RON 71.4 million, almost 90% of the normalized profit of the entire previous year.
In terms of operational highlights, the owned renewable energy sources (RES) production registered a 38% YoY increase in the first nine months of 2024.
Banca Transilvania recorded positive results in the first nine months of the year, mainly driven by organic growth, customer activity and volume of operations.
BRD is among the first banks which will roll out in production, RoPay, an instant mobile, proximity and payments service, via QR code, which is simple, secured and free of charge.
Carmistin The Food Company has secured financing of approximately €500 million to continue investments in agriculture and the food industry through a partnership with a bank syndicate.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its ESG performance.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Nyerges & Partners advised Jinko Power Technology on its entry into the Romanian market through the acquisition of a 50 MW photovoltaic plant combined with a 150 MWh battery energy storage system (BESS) in Olt, southern Romania.
Griffes has leased 6,000 sqm of office space in Unirii View, one of Bucharest's Class A office buildings. Of the total space leased, 2,000 sqm represents new tenants, while three existing tenants expanded their operations.