BRD

The aggregate value of the top 50 Romanian brands has increased 17% to EUR 5 billion, according to the latest report by Brand Finance, the world’s leading independent brand valuation consultancy. The rise is much higher than the 4.1% annual…

The assets of the mandatory private pension funds amounted to RON 52.26 billion on April 30, 2019, up by 21.42% against the similar month last year, the Financial Supervision Authority (ASF) informs on Monday. The state securities have…

Fitch Ratings has on Wednesday affirmed the Long-Term IDRs of Banca Comerciala Romana S.A. (BCR) and BRD-Groupe Societe Generale S.A. (BRD) at 'BBB+' and revised their Outlooks to Stable from Negative. Fitch has also affirmed the Viability…

The Finance Ministry has tried to get loans on Monday amounting to RON 400 million from commercial banks on the domestic market. The 7 primary dealers submitted several offers of about 30% of the demanded amount, but the ministry turned…

The Bucharest Stock Exchange is again in chaos, on Thursday, after a slight recovery in the first ten minutes of transactions. At 13:00h, immediately after the announcement that the Government ordinance that introduces new fiscal measures…

The volume of transactions on the Bucharest Stock Exchange (BVB) has exceeded RON 1 billion Wednesday afternoon at 16.00h, with BRT Index falling by 11.76%, whereas some listed companies having the lower variation limit set at 25%. BET…

Vodafone Romania, OMV Petrom, Banca Transilvania and Auchan are considered the best employers in 2018, according to a survey conducted by the BestJobs recruiting platform, after assessing 100,000 employees. The BestJobs top ranks the…

BRD ended the first three months of 2018 with net profit of RON 414 million, up by 25.6 percent year-on-year on healthy revenue generation, quasi stable operating expenses and positive cost of risk, a press release informs. “The first…

Netcity Telecom just got from BRD and BCR an increase of the EUR 36 million club loan obtained at the end of 2016, through a new facility of EUR 10 million, a press release informs. The loan facility will be used by the company to…

BRD Group registered very robust profitability last year. Net profit amounted to RON 1,415 million in 2017, up 85.3 percent yoy, leading to return on equity of 20.1 percent compared to 11.8 percent in the previous year, a press release…