profit

The National Bank of Romania (BNR) achieved a profit of 2.01 billion lei in 2021, being over 3 times higher than planned. Of this amount, 1.61 billion lei will go to the state budget, representing 80% of the net revenues of the bank,…

The first quarter of 2022 was full of challenges, determined by both domestic and international developments, which impacted Romania's economic growth, reads am Alpha Bank press release. Even in this challenging environment, the evolution…

Fondul Proprietatea (hereinafter “The Fund”) published today its financial results for the first three months ended on 31 March 2022. Therefore, the Fund’s share price registered a strong performance in the first three months reaching a…

Autonom Services SA, a mobility network in Romania, posts consolidated revenues of 394.3 million lei, a 16% increase compared to 2019, a benchmark year for Autonom before the pandemic, and a net profit of 22.5 million lei, up 28% compared…

OnDeck reviewed tax rates in 200 countries and applied each country's tax laws to a hypothetical small company (with $1 million in revenue) and found out that Europe has some of the most competitive business tax rates in the world, but tax…

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Biofarm, one of Romania's drug manufacturers, reports significant increases for the first nine months of the year compared to the same period in 2020. Biofarm recorded a turnover of lei 179 million in the first nine months of 2021 and a net…

Fondul Proprietatea (hereinafter “The Fund”) published today its financial results for the nine months ended on 30 September 2021 and would like to share the following highlights: The profit realized by Fondul Proprietatea in…

One United Properties green developer of residential, mixed-use and office real estate in Romania, posts a record turnover of 627.7 million lei in the first nine months of 2021, an 87% increase compared to the same period of 2020. After…