Romania’s EVERGENT Investments end-Sept Net Profit up 34.5% YoY

Romanian investment fund EVERGENT Investment reported a net profit of 136.4 (27.4 million euro) at the end of September, 34.5% increase compared to the end of September 2022.

“In a period of increasing geo-political tensions and high risk aversion, our investments have been adapted to the economic context with high inflation and high interest rates,” the company said in its financial statement.

“During the shorter term fluctuation of the economic cycle, we have acted swiftly to take advantage of opportunities,” the statement added.

The level of investments has reached 194.7 million lei (39.2 million euro) in the first nine months of 2023.