Banca Transilvania (TLV.RO), the largest bank in Romania, posted RON877 milion consolidated net profit in the first quarter of 2025, down from the RON1.1 billion in the year-ago period, according to the quarterly financial report published on the Bucharest Stock Exchange on Wednesday evening.
ALRO S.A. (stock symbol: ALR), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, on May 14 announced its interim condensed consolidated financial statements for the first quarter (Q1) of 2025.
International hotel group Accor is expanding its Romanian portfolio with the opening of a new Novotel Hotel in Timisoara. This will be the first Novotel outside Bucharest and is due to open at the end of 2027.