Service industries

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.

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.

Chipita – Countdown to complete humongous 2 billion euro acquisition

Conversely, time is running out for the formal completion of the agreement concerning the humongous 2 billion euro acquisition of the Chipita company by the multinational Mondelez, after the valuation report of PwC and the relevant decisions of the company's board at the end of June 2021.

Diving tourism council formed

In the context of the implementation of the National Development Strategy for Diving Tourism, by decision of the competent Deputy Minister of Tourism, Sofia Zacharaki, a Diving Tourism Council is established - its members were appointed - with responsibilities to study the available data and trends observed regarding the development of this specific form of tourism. The Council, chaired by Mr.

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