Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, in the first nine months of 2024 registered net profit worth RON2.21 billion (EUR446 million), up 30.6% from the year-earlier period, on improved operating result underpinned by advance in customer business.
Electrical components manufacturer Romradiatoare Brasov registered a RON11,223 loss in the January-September 2024 period, after a RON834,126 net profit in the same period of last year.
One of the most twisted deals in the history of Romania’s telecom market, the sale of Telekom operations, has taken a completely unexpected turn: Vodafone Romania will participate in the deal for the acquisition of Telekom Romania Mobile (TKRM) together with rival company Digi.
BRD-SocGen, the fourth largest bank in Romania by assets, in the first nine months of 2024 raked in RON1.06 billion net profit, down almost 11% from the same period of 2023.
Fashion retailer Fashion Days, part of eMAG group, saw its sales on the Romanian market rise by 13.8% during the January-September period against the year-earlier period.