The shareholders of the Bucharest Stock Exchange (BVB) have decided in their general meeting of Nov 22 to re-elect Radu Hanga as President of BVB for four more years.
The significant rise in banks’ revenue along with the rise in interest rates and continued lending helped Romania’s banking system make a record net profit of more than RON10 billion (EUR2 billion) in the first nine months of 2023, more than 40% higher than the nine-month profit in 2022 and as much as the entire profit of 2022.
Industrial bakery business Boromir expects to end 2023 with EUR160 million revenue. However, it seeks fast-paced growth in the future, to reach the EUR500 million revenue mark.