Money - Business Review



Main BVB index reaches 9-year high on Tuesday

Stock Exchange February 21, 2017 19:15 0 comments

BET, the main index of the Bucharest Stock Exchange (BVB) reached on Tuesday the highest level from the last nine years, of 7,862 points at 12 PM, registering a growth of 11 percent since the…more »


Less than 10 pct of the 140,000 IT Romanian companies have professional responsibility insurance, says CertAsig

Insurance February 21, 2017 15:04 0 comments

Demand of professional responsibility insurance for developers and IT consultants will be higher this year, given that less than 10 percent of the 140,000 IT Romanian companies that generate turnover of EUR 4 billion annually…more »

NN Asigurari

NN Asigurari de Viata’s turnover up by 5.2 pct in 2016 to RON 661.7 mln

Insurance February 21, 2017 11:43 0 comments

The premium insurance subscriptions of NN Asigurari de Viata went up by 5.2 percent in 2016 to RON 661.7 million, according to the data announced on Tuesday by the company. In addition, the gross profit…more »


BNR: Banks forecast a tightening of the consumption loans standards and unchanged mortgages in Q1 2017

Banking February 20, 2017 12:01 0 comments

Banks forecast a tightening of the consume loans standards after a similar evolution at the end of last year, while the mortgage loans will be unchanged in the first quarter of 2017, after two easing…more »

BVB Fru Fru

BVB last week transactions worth RON 253.5 mln

Stock Exchange February 20, 2017 10:42 0 comments

The total value of transactions of last week's transactions of the Bucharest Stock Exchange (BVB) reached RON 253.54 million, out of which RON 245.36 million were shares transactions, up by 32.55 percent compared to the…more »

klaus iohannis_sorin grindeanu

Klaus Iohannis approves 2017 budget, asks government to be responsible

Finance February 16, 2017 16:28 0 comments

President Klaus Iohannis said on Thursday afternoon that he approved the public budget for 2017 and the social insurance budget, but warned that the revenues projected by the government are “overestimated”, while the planned expenses…more »

public budget debtors

ANAF’s January tax collection rate from large contributors stands at 121 percent

Finance February 15, 2017 14:50 0 comments

The National Agency of Fiscal Administration (ANAF) doesn’t have at the moment issues in collecting taxes and contributions despite its IT systems being affected by glitches. Moreover, it even exceeded its revenues from big tax…more »

Emre Unal

Garanti Bank’s total volume of tax payment transactions with Bonus Card up by 16 pct in 2016

Banking February 15, 2017 12:53 0 comments

Garanti Bank recorded a total volume increase of 16 percent for taxes and contributions and payment transactions made using Bonus Card, to RON 2.52 million in 2016, as compared to RON 2.15 million. According to…more »


Banca Transilvania’s net profit at RON 1.23 billion in 2016, becomes second lender in Romania by assets

Banking February 15, 2017 11:26 0 comments

Banca Transilvania said that last year its operating income reached RON 2.8 billion and the net profit RON 1.23 billion, half of the result from 2015, including deferred tax income, compared to the previous year.…more »

negative inflation

Romania’s annual inflation posts positive rate in January, consumer prices up by 0.1 pct

Finance February 15, 2017 11:12 0 comments

The annual inflation rate was in positive territory in January, while the consumer prices went up by 0.1 percent compared with January 2016, on the back of the rise in prices of the food merchandises…more »