Banca Transilvania, Romania’s largest lending institution, for 2024 reported RON4.7 billion net consolidated profit, up 59% from 2023, while assets climbed by 22% to RON207 billion.
BCR group in 2024 generated net profit of RON2.76 billion (EUR556 million), up 19.2%, and operating income of RON6.09 billion (EUR1.22 billion), 15.6% above the 2023 level, driven by improved net interest income and net fee and commission income.
Sphera Franchise Group, the biggest food service group in Romania, ended 2024 with sales of above RON1.5 billion, up 5.4%, and RON97.2 million, 22% above the 2023 level.
Romania startup accelerator InnovX, founded in 2019, which for the second year in a row ranked among the 20 best hubs for startups in Europe, plans to open offices in Vienna and London as part of its strategy to climb to the top position in 5-10 years.