Articles 326 - 350 of 692 by " Cristina Bellu"
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BVB Convenes Shareholders on April 26 to Vote on RON10.3M Dividends
15 mar 2023
The Bucharest Stock Exchange (BVB), the operator of Romania’s around RON223 billion capital market, is convening its shareholder in April 26 for the approval of the distribution of 2022 net profit, more
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Exigent Development Borrows EUR57.8M from OTP Group for Phase 5 of Plaza Residence
14 mar 2023
OTP Bank Romania and OTP Bank Plc have sealed a EUR57.8 million loan agreement with Exigent Property Investment for the construction of phase 5 of housing compound Exigent Plaza Residence located in more
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SVN Romania: 19,000 New Houses and Apartments Likely to Be Delivered in Bucharest and Neighboring Areas in 2023
14 mar 2023
Around 19,000 houses and apartments are likely to be delivered in 2023 in Bucharest and neighboring areas, down by 11% from last year, in line with a market report published by real estate consultancy more
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Delgaz Grid Wants to Attract EUR700M Worth of EU Funds to Invest in Local Distribution Networks
9 mar 2023
Delgaz Grid, part of E.ON group in Romania, plans to attract, in the coming years, EUR700 million of European funds, to which around EUR1.5 billion of own funds will be added, to fund an extensive more
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Bento Inks RON32M Contract with DEER, Romania’s Largest Energy Distributor
8 mar 2023
Bento, Intellectually Curious, a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision of IT infrastructure and Cloud services, more
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Redport Capital and Mobexpert Complete Acquisition of 44,000-Sqm Land Plot near Petrom City for EUR13M
8 mar 2023
Redport Capital and Mobexpert group have finalized the acquisition of 44,000 square meters of land in Straulesti area, near Petrom City, in a deal worth around EUR13 million. more
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Siemens Energy to Supply Key Components for Gas-Fired Mintia Power Plant
7 mar 2023
Siemens Energy and independent power producer Mass Global Energy Rom S.R.L. have signed an agreement, which will see the former supply the HL-class gas turbine for the Mintia combined-cycle power more
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CreditAmanet Projects 50% Turnover Growth on Pre-Owned Electronics Segment in 2023
7 mar 2023
CreditAmanet, a provider of pawnbroking and money exchange services, this year banks on a 50% turnover increase on the segment of pre-owned electronics, as circular economy seems to be gaining more
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Law Firm Filip & Company Assisted Instant Factoring in Raising EUR600,000 Funding
6 mar 2023
Law firm Filip & Company assisted Romanian digital factoring fintech Instant Factoring in getting a EUR600,000 funding from several investors, including MicroEurope, active in the field of more
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Frames: Romania Insurance Market to Reach Record High of RON16B in 2023
3 mar 2023
The insurance market in Romania could reach an all-time high of more than RON16 billion in 2023, supported by the increase in the value of policies, but also by the growing interest of Romanians in more
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Wolf Theiss Assists Real Estate Developer Speedwell in Securing Green Loan from BRD
3 mar 2023
Law firm Wolf Theiss assisted Belgium-held real estate developer Speedwell in securing a EUR24.3 million and RON17.6 million green loan from BRD-Groupe Société Générale to build two residential more
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BCR Reports RON1.74B Net Profit for 2022, Up 24% YOY
28 feb 2023
Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, registered net profit worth RON1.74 billion (EUR354 million) in 2022, 23.8% higher than the RON1.4 billion (EUR286.5 more
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One United Properties Ends 2022 with RON1.2B Turnover, Up 4% YOY, RON502.6M Net Profit
28 feb 2023
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, derived RON1.2 billion consolidated turnover in more
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Transgaz 2022 Net Profit Almost Doubles To RON369M YOY
28 feb 2023
Romania’s natural gas transmission company Transgaz (TGN.RO) in 2022 generated RON369 million net profit, almost twice the 2021 level, amid RON1.57 billion, up 15%. more
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CEC Bank 2022 Net Profit Rises 22% To RON447M YOY
27 feb 2023
Romanian state-owned lender CEC Bank reported an estimated, unaudited net profit of RON 446.8 million for 2022, up 22% compared to 2021. This is the fourth consecutive year of solid profits, growth more
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Aquila Ends 2022 with RON85M Net Profit, Up 20%, RON2.2B Revenues, Up 15% YOY
27 feb 2023
Aquila Part Prod, the largest player on Romania’s consumer goods market, ended 2022 with RON2.21 billion revenues, up 15% on the year, while its net profit rose by 20% to RON85 million, the best more
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Damen Branches Out into Building Offshore Platform Equipment
22 feb 2023
Dutch-held group Damen Shipyards, which bought into Damen Mangalia shipyard in mid-2018, is repositioning its business strategy to capitalize on its resources and experience in shipbuilding, in order more
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C&W Echinox: Romania Modern Office Stock Likely to Hit 1.3 Million Sqms in Five Years
22 feb 2023
Developers have announced the construction of more than 275,000 square meters of new office projects in major regional centers of Romania, Cluj-Napoca, Timisoara, Iasi and Brasov, so that the modern more
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Rockwool Considering Expansion of Business in Romania
21 feb 2023
Danish-held mineral wool manufacturer Rockwool is looking into the possibility of expanding its local business by building a new mineral wool production line, in the plant it has in Aricestii more
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ANCPI: Real Estate Transactions Down 44% in January 2023 vs. December 2022
20 feb 2023
The number of real estate transactions, which include houses, land and apartments, decreased in January by 44.4% compared with December 2022, data provided by the National Agency for Cadaster and Land more
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5 To Go Signs Strategic Partnership with Carrefour
15 feb 2023
5 to go coffee shop chain, the largest player in the field, has signed a strategic partnership with Carrefour whereby the 5 to go products dedicated to the retail segment will be present on the more
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Stefan Mandachi Sells Spartan Restaurant Chain for EUR20.3M To Main Franchisees
15 feb 2023
Businessman Stefan Mandachi announced he sold Spartan restaurant chain for EUR20.3 million to the biggest franchisees of the chain. more
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Fintech Pluridio Hires Ovidiu Kislaposi as Chief Product Officer
14 feb 2023
Pluridio, a local fintech that develops software solutions and customized products for bank treasuries, has recruited Ovidiu Kislaposi as Chief Product Officer, a position from which he will develop more
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Romania Current Account Deficit Widens to EUR26.57B in 2022
13 feb 2023
Romania's current account balance posted a deficit of EUR26.57 billion or 8.9% of GDP in 2022, higher by almost EUR17.47 billion than in 2021, central bank data showed on Monday (February 13, 2023). more
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ELI Parks Expands Further Nationwide
13 feb 2023
ELI Parks continues expanding nationwide through a new logistic and industrial park in Oradea, which is set to include two building with a 30,000-sqm total area. more