Finance | 11 February, 2025 at 11:25 AM
UniCredit Group announces a net profit of €9.3 billion in 2024
In 4Q24, net revenues reached €5.6 billion, of which €2 billion of fees with a remarkable 8.9% year-on-year growth.
In 4Q24, net revenues reached €5.6 billion, of which €2 billion of fees with a remarkable 8.9% year-on-year growth.
Intesa Sanpaolo recorded significant growth in commissions, up 9% compared to 2023, with acceleration in Q4. Insurance income reached an all-time high, increasing by 4%.
Founded in 2002, Fortim Trusted Advisors has been controlled since December 2020 by Costin Nistor, Nicolae Ciobanu and Bogdan Cange.
In the Exploration and Production segment, the operating result excluding special items was RON 3 billion, down by 29%.
This growth was driven by the production and commercialization of agricultural inputs, including results from the USA operations.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
The Group currently operates 23 logistics parks, with strategic emphasis on urban logistics projects and Big Box facilities.
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.
Banca Transilvania recorded positive results in the first nine months of the year, mainly driven by organic growth, customer activity and volume of operations.
In the first 9 months of 2024, at the individual level, cybersecurity services contributed 32% to the total turnover, while cybersecurity solutions implementation contributed 68%.
Currently, Simtel holds seven photovoltaic park projects which, upon completion, will have a total installed capacity of over 80 MWp and generate an annual output of over 108 GWh.
Revenue from the residential segment reached €164.2 million, a 7% YoY decrease reflecting the transition of many construction sites into their final stages.
Tiplog, an entrepreneurial printing and logistics company founded in 2012, registered a turnover of €5.8 million in 2023, almost four times higher than in 2019 (€1.6 million).
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.
Raiffeisen Bank Romania's assets exceeded RON 74.3 billion in the first 9 months of the year, marking an increase of 10% compared to the same period last year.
For the third quarter, the company reported a CCA operating result excluding special items of RON 1.6 billion, down 36%.
In terms of the financial results registered by the entities within Teilor Holding, in the first half of 2024, posted a turnover from its activity in Romania of RON 127.3 million.
Revenue from the sale of fertilizers reached RON 10.7 million, up 10% compared to the same period last year.
In the first half of 2024 and subsequently, Simtel signed two significant contracts worth €19 million (within a partnership in which Simtel holds 50% of the profits and losses).
tbi bank's consolidated unaudited financial results for H1 2024 show a net profit of €23.2 million, 17% higher than the €19.7 million profit in the same period of last year.
Helleniq Energy has completed two photovoltaic parks in southern Romania with a combined capacity of 58 MW, marking the company's first operational renewable energy assets in the country. The projects are part of a 2023 agreement with Metlen for developing four solar projects totalling 211 MW.
Intesa Sanpaolo Bank Romania has appointed Anca Petcu as Chief Operations and Transformation Officer and Deputy CEO, following approval from the National Bank of Romania.
Patria Bank has signed a contract to sell its 99.9% stake in SAI Patria Asset Management to BRD Asset Management SAI for €5.5 million.
Romania's pharmaceutical sector demonstrates resilience despite fiscal consolidation and slowing economic growth, according to Allianz Trade's latest analysis.
Mark Twain International School (IS) is preparing to open a new flagship campus in Balotești, representing a €30 million investment in private education in Romania. The opening is scheduled for September 2028.