Andreea Marinescu

Banca Transilvania Group posts 1.015 bln lei in H1 net consolidated profit

Banca Transilvania Group's net consolidated profit for the first half of 2021 stands at 1.015 billion lei, up 47.2 percent compared to the same period last year, with the bank's profit standing at 901 million lei (48.3 percent higher YoY), the group said in a report to the Bucharest Stock Exchange.

FIHR head: Mandating Covid digital certificate at hotel check-in, inevitable if 4th wave gains steam

The authorities' mandating the check of the Covid digital certificate at hotel reception desks will be inevitable if the 4th pandemic wave escalates, the president of the Romanian Hotel Industry Federation (FIHR) Calin Ile told AGERPRES on Thursday.

Raiffeisen Bank to refund to customers any amounts collected in excess

Raiffeisen Bank proceeded to implement the ANPC (National Authority for Consumer Protection) order according to which the management fee could not be included in the interest margin for the restructuring of the loans, and after the restoration of the calculations, the bank will return to the clients any amounts collected in excess, the bank's representatives told AGERPRES.

EconMin Nasui: We legislate the 'Farm-to-Fork' business model so far considered illegal by ANPC

The Ministry of Economy has put up for public debate a draft emergency ordinance that will legalize the "Farm-to-Fork" business model for a more sustainable food system which was rolled out in Europe, but which had been considered so far illegal by Romania's National Consumer Protection Authority (ANPC), Economy Minister Claudiu Nasui wrote on Facebook.

Romania's record high sunflower crop to be exported unprocessed due to lack of oil plants

Romania registers this year the highest sunflower output since it joined the EU, by approximately 1.22 million tons higher compared to 2020, but due to the lack of processing units it has to sell the unprocessed crop to EU countries and not only, say the representatives of the Romanian Farmers Club.

Nuclearelectrica registers rise in net profit by 12.3%, to 385.4 million RON, in H1

The National Company Nuclearelectrica (SNN) registered, during the first half of this year, a net profit of 385.393 million RON, rising by 12.3%, in comparison with the similar period of 2020, according to the company's financial results, published on the Bucharest Stock Exchange (BVB).

Over 10 billion RON traded during first 7 months on stock market, capital market goes up by 25 pct

Investors present at the Bucharest Stock Exchange (BVB) have intensified their trading activity during the first 7 months of this year, which determined the cumulated transaction value with all types of instruments to surpass 10.4 billion RON, the equivalent of 2.1 billion EUR, according to a report from the Stock Exchange.

Electrical energy consumption of population up by 8.3 pct in first six months

The final electrical energy consumption rose by 7 pct in the first six months of this year, compared to the similar period of last year, on the backdrop of an 8.3 pct increase in the consumption of the population, according to data from the National Institute for Statistics (INS) published on Thursday.