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.
Premier Energy has acquired a 100% stake in a 200 MW battery storage system development near Iași, Romania. The ready-to-build project has a capacity of 400 MWh and is expected to be constructed primarily during 2026, with commissioning planned for late 2026 or early 2027.
The EY Entrepreneurship Barometer reveals that 60% of Romanian entrepreneurs plan to invest in innovation, even as 63% consider the business environment unfavourable. The study, conducted in spring 2025, highlights significant obstacles affecting business development in the country.
Rețele Electrice Romania has begun implementing a new advanced automated distribution management system (AADMS) and workforce management system (WFM) to continue digitalising the electricity distribution network. The project is valued at over €27 million and the services were purchased through a tender on the public procurement platform.
Romania's construction work volume increased by 9.3% in the first nine months compared to the same period in 2024, according to data from the National Institute of Statistics (INS).
Romanian mobile phone accessories retailer Contakt has announced its entry into the Czech market with two locations in Prague, marking a new step in its European expansion plan. The company has signed for locations in high-traffic malls with official opening estimated for March 2026.