Articles 526 - 550 of 692 by " Cristina Bellu"
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Packaging Maker Promateris Gets EUR597,000 Funding; Continues Investment in Sustainable Business Development
25 mai 2022
Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in CEE, announced it obtained a new grant from the part of EEA & Norway Grants within the project more
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Agroland Agribusiness Sees Profit Double in 1Q/2022 to RON0.8M
25 mai 2022
Agroland Agribusness (AAB.RO), a Romanian entrepreneurial business, part of Agroland group, specializing in the sale of farming inputs, ended the first quarter of this year with operating revenue more
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Romania’s Central Bank Expects Higher Than Forecast Inflation in Dec 2022 and June 2023
20 mai 2022
The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will reach more
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CEC Bank Posts RON54.2M Net Profit in Q1
20 mai 2022
CEC Bank posted RON54.2 million net profit in the first quarter of 2022, as well as RON50.4 billion assets, an increase of 19% on the year-ago period, higher than the overall banking system’s more
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Three-Month ROBOR Ends May 16-20 Week at 5.71% A Year
20 mai 2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, increased to 5.71% a year on Friday more
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Square 7 Properties Buys 30,000-Sqm Land Plot in Medias to Build New Shopping Center
20 mai 2022
Square 7 Properties, a company that develops and manages retail parks, owned by Austrian businessman Clemens Petschnikar, has announced the acquisition of a 30,000-sqm land plot in Medias, where it more
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One United Properties Posts Fourfold Profit Increase in 1Q/2022, to RON166M, from 1Q/2021
16 mai 2022
Real estate developer One United Properties, listed on the main market of the Bucharest Stock Exchange (ticker ONE), ended the first quarter of this year with consolidated revenues worth RON348.7 more
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Romania Retail Sales Up 5.5% YoY in 1Q/2022
4 mai 2022
Retail sales, the most important barometer for private consumption, went up by 5.5% in unadjusted data year-over-year in the first three months of 2022 amid rising sales of car fuel in specialized more
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AROBS Transilvania Budgets 17% Higher Turnover for 2022 to RON200M and RON47M Net Profit, Up 10% YOY
2 mai 2022
AROBS Transilvania Software, a tech company listed on the Bucharest Stock Exchange under the AROBS ticker, targets RON197.3 million, RON54.9 million EBITDA and net profit worth RON47.3 million at more
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Erste Group Revises Romania’s 2022 Economic Growth Forecast Downwards
29 apr 2022
Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast for more
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ROCA Industry Buys Wire Product Maker Dial Harsova
29 apr 2022
ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, which serves as an umbrella for various Romanian construction material manufacturers, announced more
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SIF Oltenia Shareholders Approve Payment of RON15M Dividends from 2021 Profit
29 apr 2022
Regional investment fund SIF Oltenia (SIF5.RO) shareholders approved distribution of 39.95% of the 2021 net profit (RON37.5 million) or RON15 million as dividends, which ensures a gross dividend per more
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Green Group Relocates to One Tower Office Building
29 apr 2022
Recycling group Green Group, which includes eight companies with recycling and waste management operations in Romania and Eastern Europe, will relocate its Bucharest office to the One Tower building more
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Three-Month ROBOR Ends Week at 4.95% on April 29
29 apr 2022
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, stood at 4.95% a year on Friday, April more
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Banca Comerciala Romana 1Q/2022 Net Profit Up 12.5% from 1Q/2021 to RON477.5M
29 apr 2022
Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2022 with net profit worth RON477.5 million (EUR96.5 million), up 12.5% from RON424.6 million (EUR87.0 more
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Cosmetics Producer Farmec Posts RON285M Revenue in 2021
28 apr 2022
Romania’s largest cosmetics manufacturer, Farmec Cluj-Napoca, posted RON285 million revenue in 2021, an increase of 8.4% on 2019 and 1.2% lower than in 2020, when sanitizers carried the weight the more
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Sport Guru 2021 Profit Up 64% to RON2.8M YOY
28 apr 2022
Sport Guru, the main retailer and distributor of specialized sporting goods domestically, posted total sales of RON38.4 million at the end of 2021, up 62% on the year, and RON2.8 million net profit, more
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ABN Systems International Ends 2021 with 68% Growth in Profit
28 apr 2022
ABN Systems International (ABN.RO), the owner of the Tellur brand, ended 2021 with RON108.7 million (EUR22 million) revenue, an increase of 16.2% on the previous year, while the net profit rose 67.8% more
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Altius Relocates Office to One Tower in Bucharest
28 apr 2022
Altius, an Importer and distributor of veterinary medicines and veterinary medical equipment, has relocated its office to One Tower, part of the multi-purpose development One Floreasca City, where it more
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Three-Month ROBOR Jumps to 4.88% a Year on April 28
28 apr 2022
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, rose to 4.88% a year on Thursday (April more
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Poland’s Scallier Borrows EUR8M from OTP Bank For Retail Project Funshop Park of Turda
28 apr 2022
Poland’s Scallier, one of the most dynamic investors in small and middle-sized retail parks, contracted EUR8 million funding from OTP Bank Romania for the construction of Turda-based retail project more
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Romanians Execs Expect Surging Prices in Industry, Constructions and Retail Trade in April-June
28 apr 2022
Romania’s business managers for April-June forecast moderate activity growth in the processing industry, retail trade and services, in parallel with a steep price increase in industry, constructions more
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Romania Private Lending Grows 15.7% YOY to RON336.1B in March 2022
27 apr 2022
Private lending in March expanded by 15.7% from the year-earlier period, to RON336.1 billion, after local currency lending increased by 20% and foreign currency lending by 5.6% when expressed in lei, more
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Carbochim Cluj-Napoca Invests over EUR5M in Plant Relocation and Upgrade
18 apr 2022
Carbochim Cluj-Napoca (CBC.RO), the largest manufacturer of professional abrasives in Romania, indirectly controlled by Iulius Group owner Iulian Dascalu, announces investments of more than EUR5 more
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Developers Bet on South of Romania’s Black Sea Coast
15 apr 2022
After years of Mamaia and Navodari resorts being on the investors' list, with more than 50,000 apartments and hotel rooms built in recent years, now the focus of developers tends to shift to the more