Energy | 12 August, 2024 at 8:35 AM
MOL Group profit before tax reaches $916 million in H1 2024
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
The group continues its investments in its portfolio restaurants as well as in the development of the restaurant and hotel segments.
Personal financial planning remains a constant growth driver in Raiffeisen Bank Romania's long-term strategy. In the first half of 2024.
At the end of June 2024, the Group had a hotel portfolio of 838,722 rooms (5,682 hotels) and a pipeline of 218,000 rooms (1,297 hotels).
For the Full-year 2024 outlook, the company expects organic sales growth of at least 3%.
Simtel Team posted, at consolidated level, operating revenues of RON 45.9 million in the first quarter of 2024, down 30% compared to the same period last year.
Total assets reached €4.7 billion at the end of the first quarter, up 8% compared to the first quarter of 2023.
In the first quarter of the year, IMPACT generated revenues of RON 41 million, up 89% compared to the first quarter of last year.
Garanti BBVA Romania recorded a net profit of RON 177 million in 2023 and operating revenues of RON 521 million.
MOL Group Profit before tax reached $382 million in the first quarter of 2024, 18% and 29% lower quarter-on-quarter and year-on-year.
Capital ratio climbed to 23,36% underscoring the institution's financial strength, providing a solid foundation for future growth and stability.
One United Properties posts a consolidated turnover of €84.3 million for Q1 2024, a 5% decrease compared to Q1 2023.
In the first quarter of 2024, at the individual level, cybersecurity services contributed 30% to total turnover, and implementing cybersecurity solutions contributed 70%.
At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking application.
The first significant news is the acquisition of CODA Intelligence, a Romanian startup specializing in cybersecurity solutions, by PDQ, with complementary products to CODA.
Structural tailwinds for logistics properties remain intact with strong supply and demand dynamics despite economic uncertainties.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Over the past 7 years tbi bank went through a major transformation from a traditional local player into SEE's leading challenger bank.
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.
Romania's government has proposed a new fiscal package aimed at reducing the budget deficit, which includes significant changes to profit taxation for multinational companies.
Starting August 1, Romania's new fiscal package increased the standard VAT rate from 19% to 21%. It also merged the 5% and 9% reduced rates into a single 11% rate.
Infinity Capital Investments has reached an agreement to sell all its shares in sunflower oils producer Argus Constanţa to the Bulgarian agri trader Buildcom.
The deposits of non-governmental resident clients at banks rose by 0.9% in July 2025 compared to the previous month, reaching RON 634.9 billion (€127.8 billion).
The number of tourist arrivals in Bucharest reached 777,756 in the first five months of 2025, according to data from the National Institute of Statistics (INS).