Articles 276 - 300 of 684 by " Cristina Bellu"
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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
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Romania Ends 2022 with 5.6% Unemployment Rate, Flat from 2021
20 apr 2023
Romania in 2022 registered a 5.6% unemployment rate (464,400 persons), a level similar to the 2021 one, as the employment rate for people aged between 20-64 reached 68.5%, up 1.4% from the previoys more
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Transgaz and E.ON Enter Collaborative Partnership amid Green Energy Transition
20 apr 2023
National gas transmission company Transgaz and E.ON Romania, a group focused on energy and natural gas distribution and supply, have sealed a partnership via which the two companies plan to work more
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Morphosis Capital Companies See 2022 Turnover Rise 42% YOY
19 apr 2023
Private equity fund Morphosis Capital, founded by four Romanian executives, reported an overall 42% increase in turnover generated by the companies part of its portfolio against 2021. more
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New car registrations in Romania Up 27.6% in 1Q/2023, To 36,966 Units
19 apr 2023
Romania continues to rank 14th in the European Union by the number of new passenger cars registered in January-March, with 36,966 units, up 27.6% from the same period of 2022, in line with data more
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IMF Revises Romania’s Economic Growth Forecast Downwards to 2.4% in 2023
11 apr 2023
The International Monetary Fund (IMF) has revised the real economic growth projection for Romania downwards to 2.4% from the 3.1% estimated in the fall, its latest `World Economic Outlook’ report more
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Agricover Holding Wants to Float on BVB Via IPO Set to Include Capital Raise and Share Sale
11 apr 2023
Agricover group, leader of Romania’s agribusiness market, controlled by businessman Jabbar Kanani, wants to list on the Bucharest Stock Exchange via an IPO that will include a maximum number of more
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Poland’s Ferro Group Borrows EUR15M from BRD
10 apr 2023
Novaservis Ferro Group, the subsidiary of Poland’s sanitary ware and heating solutions provider Ferro Group, which has a regional presence in Central and Eastern Europe and manufacturing facilities more
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Israel’s Tefron Buys Romania’s Largest Hose Maker Adesgo
10 apr 2023
Romania’s largest hose manufacturer, Adesgo, which has an almost 100-year history, has been acquired by Israel’s Tefron Europe, a subsidiary of the Tefron Group, a developer and manufacturer of more
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Holcim Romania Buys Stones Business Development
3 apr 2023
Holcim Romania, Romania’s largest building materials manufacturer by turnover, is expanding its aggregates arm by acquiring Stones Business Development, a major aggregates provider in the more