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.
The insurance market is highly responsive to stimuli from various stakeholders, including insurance companies, brokers, authorities, and consumers.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.
BCR Group reported a net profit of RON 3.32 billion (€658 million) in 2025, up by 20% year-on-year.