Articles 26 - 50 of 668 by " Cristina Bellu"
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iBanFirst Expects Romania Economy to Grow by 2.7% in 2024, Exchange Rate to Fluctuate within RON4.99-5,02/EUR Range, Sees Inflation at 5%
21 mar 2024
The evolution of Romania economy in 2024 will be in line with the tendencies registered in the rest of Europe, set to mark modest growth, below potential, of just 2,7%, slightly above the 2% pace of more
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New Car Registrations in Romania Down 8.9% Annually in February
21 mar 2024
New car registrations in Romania posted an 8.9% decline in February against the same month of 2023, to 11,339 units, of which 1,109 were full electric ones, up 6.6% year-on-year, and 3,736 hybrid more
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CTP Contracts EUR200M Syndicated Loan to Expand CTPark Bucharest Project
19 mar 2024
CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has signed for a syndicated loan facility totally worth EUR200 million to refinance the more
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Sika Set to Lease 4,500 Sqms in ELI Parks’ ELI Park 4
18 mar 2024
Swiss building materials company Sika is expanding its Romania operations after inking a contract to lease 4,500 square meters of logistic and office spaces in ELI Park 4, a project part of the more
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EY Assisted Delgras Grid and Retele Electrice Banat in Accessing over EUR150M Worth of EU Non-Reimbursable Funds via Modernization Fund
18 mar 2024
EY assisted Delgaz Grid SA and Retele Electrice Banat SA in readying funding applications for investments in electricity grid expansion and modernization. more
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Finance Ministry Launches New Issue of Tezaur T-Bills
13 mar 2024
The Finance Ministry starting Wednesday, March 13, launched a new edition of Tezaur T-bills program, with 1 and 3-year maturities and annual interest rates of 6.1% and 6.85% respectively. more
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Hidroelectrica Seals Partnership with Romania Olympic and Sports Committee to Support Romania Team at Paris Olympic Games
8 mar 2024
Hidroelectrica, Romania’s biggest energy producer, has become a partner of Romania’s Olympic and Sports Committee (COSR) to support Romania’s olympic team during the training, qualification and more
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Alpha Bank Ends 2023 with EUR38M Net Profit, Up 15% YOY
8 mar 2024
Alpha Bank Romania, among the 10 largest banks in Romania by assets, for 2023 reported EUR38 million net profit, 15% higher than in 2022, amid the strong commercial activity and efficient cost and more
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Rodbun Group Contracts EUR101.5M Syndicated Loan for Work Capital and Business Expansion
5 mar 2024
Agribusiness group Rodbun has contracted a syndicated loan facility totally worth EUR101.5 million via the refinancing and increase of existing facilities by EUR37.14 million. more
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Supermarket La Cocos Retailer Expands to Brasov
5 mar 2024
Supermarket La Cocos retailer, controlled by entrepreneur Iulian Nica, has expanded to Brasov, after Ploiesti and Bucharest, where it will open the fourth hypermarket locally, with an area of around more
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BCR Rakes In RON2.32B Net Profit in 2023, Up 33% YOY
29 feb 2024
Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, registered net profit worth RON2.32 billion (EUR469 million) in 2023, up 33% from 2022, driven by improved operating result more
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Winemaker Purcari Ends 2023 with RON370M Turnover, Up 22%, Net Profit Nears RON60M, 45% Higher YOY
29 feb 2024
Romanian winemaker Purcari in 2023 registered RON369.4 million revenues, 22% higher than in 2022, while its net profit rose by 45%, to RON59.6 million. more
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Dental Clinic Network Dr. Ardeleanu Opens Stomatology Center in Calarasi in EUR700,000 Investment
27 feb 2024
Dental clinic network Dr. Ardeleanu has opened a stomatology center in Calarasi in the wake of a EUR700,000 investment, only four months after the company opened a similar unit in Slobozia. more
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AROBS Transilvania Software Fully Acquires Infobest Group
27 feb 2024
AROBS Transilvania Software, the biggest tech company listed on the Bucharest Stock Exchange, has fully acquired Infobest group, specialized in the development of customized software solutions, with more
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One United Properties Posts RON1.5B Turnover, Up 30%, RON443M Net Profit, 9% Higher in 2023 Vs 2022
27 feb 2024
One United Properties, the leading green developer of residential, mixed-use and office real estate in Romania, reported preliminary consolidated turnover worth RON1.5 billion for 2023, up 30% from more
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CFA Financial Analysts Project 5.57% Inflation, See Leu at 5.0416 Units/Euro in Next 12 Months
27 feb 2024
Financial analysts part of CFA Romania association estimate the Romanian currency will fall to an average exchange rate of 5.0416 units/euro in the next 12 months, while the expected rate of inflation more
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Romania Private Lending Up By 5.7% YoY To RON384.7B In January 2024
23 feb 2024
Private lending in Romania went up 5.7% to RON384.7 billion in January 2024 compared with January 2023, central bank data showed on Friday (February 23, 2024). more
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Romania’s Modern Retail Space Stock Stands At More Than 4.3M Sqm
23 feb 2024
Romania has a total modern retail space stock of more than 4.3 million square meters, of which over 2.7 million square meters are malls and the rest mainly retail parks, the annual market report more
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Finance Ministry Raises RON340M From Banks On February 22, 2024
22 feb 2024
Romania's Finance Ministry raised RON340 million from banks on Thursday (February 22, 2024), selling benchmark bonds with a scheduled value of RON200 million due in February 2038, at an annual average more
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GapMminder Launches New EUR80M Investment Fund For Tech Startups
22 feb 2024
Technology startups from Romania, the Republic of Moldova, Serbia, Croatia, Slovenia and Bulgaria will be able to get funding through GapMinder Fund II, the EUR80 million investment vehicle launched more
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C&W Echinox: Real Estate Deals worth over EUR600M Are Under Advanced Negotiations; 2023 Traded Volume Likely to be Matched in 1H/2024
22 feb 2024
Deals with commercial real estate assets worth above EUR600 million are currently under advanced negotiations, so that the volume traded in 2023 is likely to be matched in the first half of the more
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Raiffeisen Bank Romania Ends 2023 with RON1.7B Profit, Up 39% YOY, RON3.7B Income, 16% Higher
22 feb 2024
Raiffeisen Bank Romania in 2023 posted income worth RON3.7 billion, up 16%, and net profit worth RON1.7 billion, 39% higher than in 2022. more
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Coworking Space Operator Betahaus Enters Romania
21 feb 2024
betahaus, a company that operates coworking spaces in Berlin, Hamburg, Barcelona and Sofia, is entering the Romanian market with the opening of a hub in the Premium Plaza office building in Bucharest, more
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Coface: Insolvencies In Romana Flat At 6,650 In 2023
21 feb 2024
The total number of insolvency proceedings in Romania reached 6,650 in 2023, flat on the previous year, when companies started 6,649 new insolvency proceedings, the latest Coface Romania survey shows. more
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Agroland Agribusiness Ends 2023 with RON57M Revenues, Down 10% YOY, RON1M Net Profit, 56% Lower
21 feb 2024
Agroland Agribusiness, a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural inputs, for 2023 reported operating revenues worth RON57.1 million, down 10% more