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Financial service activities, except insurance and pension funding, Industry Analysis, Romania, 2016

The Financial service activities, except insurance and pension funding industry in Romania was represented by 2,403 companies at the end of 2016, compared to 2,333 in the previous year and 2,232 in 2014.

The industry's net profit amounted to RON 399,331,276 in 2016.

The industry's total revenue was RON 1,774,048,694 in 2016, up by 46.65% compared to the previous year.

The combined costs of the companies in the Financial service activities, except insurance and pension funding industry reached RON 1,346,833,461 in 2016, up by 17.99% year-on-year.

The industry's total revenue makes up 0.19% to the country's Gross domestic product (GDP) in 2016, compared to 0.14% for 2015 and 0.19% in 2014.

A total of 49,226 people were employed in the Financial service activities, except insurance and pension funding industry in 2016, compared to 51,289 in 2015 and 50,140 in 2014.

Most of the companies in the industry are based in Bucharest, followed by Iasi and Constanta.

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