Insurance broker Transilvania Broker de Asigurare (TBK.RO) reported revenue of RON107 million for 2024, lower than RON111 million recorded in 2023, and net profit of RON2.5 million, down 67% on the year, considering that the prolonged impact of the caps in the motor third party liability (MTPL) insurance sector eroded the company’s revenues.
Engineering and tech group Simtel Team, leader in the field of renewable energy in Romania, reported net profit of RON36.7 million in 2024, up 35% against 2023, as per the preliminary financial report.