Tag: Romania (392 articles)

Finance   |   1 April, 2025 at 5:17 PM

Romania's insurance market gains 11% in 2024

Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).

Real estate   |   31 March, 2025 at 2:39 PM

Meta Estate Trust reports 15% profit gain in 2024

Romanian real estate holding Meta Estate Trust has recorded a 15% year-on-year increase in net profit, reaching RON 10.8 million (€2.2 million) in 2024, while its total revenues rose 22% to RON 34.5 million (around €7 million).

Real estate   |   27 March, 2025 at 1:00 PM

Romania's luxury retail niche ripe for growth

The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.

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Finance

BCR profits rise by nearly 20% in Q1 2025

BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024