Articles 951 - 975 of 1368 by " Cristina Bellu"
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New Loans To Consumers And Companies Up Almost 8% To RON30.5B In Q1
15 mai 2023
New loans granted by banks in Romania to consumers and companies stood at RON30.5 billion in the first quarter of 2023, an increase of more than 7.77% on the RON28.3 billion in the year-ago period. more
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Sphera Franchise Group Switches to RON7.3M Net Profit in 1Q/2023 from RON10.9M Losses in 1Q/2022
15 mai 2023
Sphera Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romania, in the first three months of 2023 generated RON7.3 million net profit, from net losses of RON10.9 more
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Digi 1Q/2023 Revenues Up 11.7% To EUR395M Vs 1Q/2022
15 mai 2023
Telecom operator Digi Communications reported total revenues of EUR394.9 million in the first quarter of this year, up 1.7% from the year-earlier period, while profit from continuing operations shrank more
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Recruitment Platform eJobs Sees Turnover Rise 50% in 2022, To EUR15M
10 mai 2023
Recruitment platform eJobs Romania in 2022 registered turnover worth almost EUR15 million and a number of 420,000 jobs posted, with this being the best year in the company’s history. more
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Ukraine’s Biosphere Corporation Takes Over Alufix Brasov Plant
10 mai 2023
Biosphere, a major producer and wholesaler of household, hygiene goods and professional products for the away-from-home segment of Eastern Europe and Central Asia, has acquired Alux plant specializing more
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Safetech Innovations Triples Net Profit in 1Q/2023 To RON1.2M
10 mai 2023
Safetech Innovations, a Romanian cybersecurity company listed at the Bucharest Stock Exchange, reported individual turnover worth RON6 million in the first quarter of 2023, up 129% from the first more
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Innova/7, Booster Capital, GapMinder And Morphosis Capital Get EUR80M Via NRRP For Romanian Companies
9 mai 2023
Venture capital funds Innova/7, Booster Capital, GapMinder II and Morphosis Capital II are to receive up to EUR80 million investments from the National Recovery and Resilience Plan (NRRP) to fund at more
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Luxury Watch Retailer EraVault Opens First Store In Bucharest
9 mai 2023
Luxury watch retailer EraVault has opened its first store in Bucharest, in a EUR250,000 investment. more
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Romanians, Most Active Investors on Local Real Estate Market, with Acquisitions of over EUR1.1B in Past 5 Years
9 mai 2023
Romanian investors have in the past five years purchased real estate properties worth EUR1.1 billion, accounting for 28% in the overall volume traded in this period, becoming the most dynamic buyers more
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MedCity Buys 1,000-Sqm Building in Timisoara from FF Group
9 mai 2023
MedCity, a developer of buildings for the healthcare field part of SofMedica group specialized in medical equipment wholesale, has bought an over 1,000-sqm building in Timisoara from FF Group Romania, more
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Tech Startup Pluria Raises $2M Funding Led by Eleven Ventures
3 mai 2023
Tech startup Pluria, launched in September 2020 in Romania and Spain by entrepreneur Andrei Cretu, cofounder of 7card network, now present in ten countries of two continents, announced a $2 million more
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Unirea Shopping Center Switches to RON32M Profit in 2022 from RON33.5M Net Loss in 2021
3 mai 2023
Unirea Shopping Center, a company that manages two shopping centers in Brasov and Bucharest, for 2022 reported total turnover of RON57 million, up 13.5% year-on-year, and RON32 million net profit vs more
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Aquila Earmarks EUR13M for Investments in 2023
2 mai 2023
Distribution and logistics company Aquila Part Prod has budgeted EUR12.7 million investments for 2023. more
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BCR Reports RON562.7M Net Profit in 1Q/2023, Up 17.8% YOY
28 apr 2023
Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2023 with net profit worth RON562.7 million (EUR114.4 million), up 17.8% from the year-earlier period, owing more
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Romanian State Rejects Transelectrica Dividends
28 apr 2023
The shareholders of national power grid Transelectrica have not approved the distribution of a RON0.71 gross dividend per share of 2022 profit, in line with the decision of the ordinary general more
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CFA Romania Analysts Forecast 8.96% Average Inflation, See Leu At 5.0274 Units Per Euro in Next 12 Months, Expect Romania Economy to Grow by 3% in 2023
26 apr 2023
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0274 units per euro in the next 12 months, while the anticipated rate of more
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AROBS Transilvania Software Buys Cluj-Napoca-Based FWF Group
26 apr 2023
Arobs Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, has entirely taken over Future WorkForce Global (FWF) group of Cluj-Napoca, specialized in providing more
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Law Firm Filip & Company Assisted Digi Group in EUR500M Senior Loan Facility Agreement
25 apr 2023
Law firm Filip & Company assisted RCS & RDS S.A., part of the Digi group, in the signing of a senior loan facility agreement that consists of a term loan facility of EUR150 million, a revolving credit more
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Andrei Sarbu Becomes Sole Stakeholder in SVN Romania
25 apr 2023
Andrei Sarbu, CEO and founder of real estate consulting firm SVN Romania, one of the largest real estate consulting firms in Romania and leader of the housing segment, with over 15 housing projects in more
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Finance Ministry Raises RON1.33B from Banks on April 20
20 apr 2023
Romania's Finance Ministry raised RON1.33 billion from banks on Thursday (April 20) selling government paper in two auctions at annual average yields of 7.32% and 7.43%. more
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5 to Go Close to 500 Coffee Shops in Romania
20 apr 2023
5 to go coffee shop chain, the largest such chain in Romania, has opened almost 50 shops since the beginning of the year and is to overshoot the 500 mark, almost half of which in Bucharest, the more
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PV Installation Distributor Keno Enters Romania
20 apr 2023
Poland’s Keno, one of the largest manufacturers and distributors of complete photovoltaic installations, has opened a subsidiary in Romania to distribute its own panel and heat pump brands in the more
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Law Firm Filip & Company Advises Alsendo in Acquisition of Ecolet
20 apr 2023
Law firm Filip & Company assisted Alsendo, a Polish delivery management tech solutions provider in Central Europe held by private equity fund manager Abris, in the buying the majority stake in Ecolet, more
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Brasov Becomes Biggest Regional Residential Market in Romania after Bucharest-Ilfov in Q1
20 apr 2023
Brasov has become the biggest regional residential market in Romania after Bucharest-Ilfov and ahead of Timisoara and Cluj-Napoca in the first quarter of this year, real estate consultant SVN Romania more
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Bucharest’s Hermes Business Campus Gets BREEAM In-Use V6 Excellent Certification
20 apr 2023
Hermes Business Campus, an office project part of Hungary’s real estate investment fund Adventum Group portfolio since 2021, has obtained the “Excellent” rating according to BREEAM In-Use more