Romania Market News – 29/09/23

TODAY’S NEWS ECONOMY -State-owned Romanian CEC Bank climbed to 4th place in the ranking of the largest banks in Romania by assets at the end of the first half of 2023, from 6th place at the end of 2022, overtaking ING Bank and Raiffeisen

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One United Properties gross profit up 17% in H1 2023

Bucharest-listed One United Properties, the leading green investor and developer of residential, mixed-use, commercial, and office real estate in the Romanian capital, has convened its shareholders for October 9, 2023. The agenda of the ordinary general meeting of shareholders includes the approval of the distribution of interim dividends from the company’s profit corresponding to the first six months of the

Fintech Fagura gets approval to expand ops in Romania

Moldovan fintech platform Fagura got the green light from Romania’s Financial Supervisory Authority (ASF) to start operations in the country of 20 million people. Key elements of this approval process included demonstrating a robust product and technology as well as a solid business plan for the medium and long term,