Romania factoring market at end-2024 reached a total operations volume of around EUR9.4 billion, up 8% from 2023, in line with information provided by the Romanian Factoring Association (ARF).
SelfPay, the leader of the self-service payment station market in Romania, posted RON32.2 million net profit in 2024, almost three times the 2023 figure (RON10.8 million).
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.