Articles 376 - 400 of 688 by " Cristina Bellu"
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Three-Month ROBOR Starts Final Week of 2022 at 7.61% a Year
27 dec 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, has decreased to 7.61% a year in the more
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Ascendis Group Ends 2022 with over EUR10M Revenues, Up 35% YOY
22 dec 2022
Ascendis group, a leading player on the training and consulting market in the field of professional development in Romania, has ended 2022 with turnover worth above EUR10 million, 35% higher than in more
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CFA Romania Expects Inflation To Stay In Double-Digit Territory In 2023, Leu To Reach 5.1 Units/Euro
22 dec 2022
Financial analysts part of CFA Romania estimate the Romanian currency will decline to an average exchange rate of 5.1021 unit per euro in the next 12 months, while the estimated inflation rate will more
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Clifford Chance Badea Assisted UniCredit in RON488M Corporate Bond Issue
21 dec 2022
The lawyers of the Capital Markets practice of law firm Clifford Chance Badea, the local office of global law firm Clifford Chance, assisted UniCredit Bank in the launch of its latest corporate bond more
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SeedBlink: Tech Startup Funding in Romania Up 36% to EUR226M in Jan-Oct
21 dec 2022
The financing for tech startups in Romania reached EUR226 million in the first ten months of 2022, 36% more than in 2021, despite the high inflation and the macroeconomic situation, a report by more
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BAT Global Business Solutions Moves Romania Offices to One Cotroceni Park
19 dec 2022
Global Business Solutions (GBS), the largest shared services centre of cigarette producer BAT, and one of the six worldwide, is moving Romania offices in the second development phase of One Cotroceni more
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Justice District to Require up to EUR500M Investment
16 dec 2022
The Justice District, the real estate project to be built on the Esplanada plot on Bulevardul Unirii in Bucharest, which should include 23 institutions, got its Detailed Urban Plan (PUD) approved, the more
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ROCA Agri RDF Completes Takeover of Dachim and Supliment from Vetimex Capital
16 dec 2022
Romania competition authorities greenlighted the deal whereby ROCA Agri RDF, the farming holding of ROCA Investments, entirely takes over Dachim and Supliment companies controlled by Vetimex Capital more
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Growceanu Invests EUR80,000 in MedTech Startup MediNav
16 dec 2022
Business angels investment platform Growceanu is investing EUR80,000 in MedTech startup MediNav, which uses AI to extract structured medical information, in a EUR250,000 round. more
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Automobile Dacia and Ford Churn Out 473,535 Passenger Cars in Jan-Nov 2022, Up 24.6% from Year-Earlier Period
16 dec 2022
Automobile Dacia and Ford, Romania’s two carmakers, in the first 11 months of this year manufactured 473,535 passenger cars, up 24.6% from the same period of 2021, in line with data provided by the more
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One United Buys Three Historical Buildings in Downtown Bucharest for EUR3.7M
16 dec 2022
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the acquisition of three historical buildings in more
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PwC Romania Includes Romanian Fintech Finqware’s Solutions in Process Automation Services Portfolio
15 dec 2022
Consulting services company PwC Romania will include the solutions developed by the Romanian fintech Finqware in its automation services portfolio amid companies’ rising demand for solutions related more
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Pehart Tec Extends 2020 Syndicated Loan to EUR78M
15 dec 2022
Paper manufacturer Pehart Tec, controlled by private equity fund Abris Capital, is extending to EUR78 million the syndicated loan contracted in 2020. more
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Bringo Leases 600 Sqms of Offices in Eminescu Offices Project
13 dec 2022
Delivery platform Bringo has leased a 600-sqm area in Eminescu Offices office building developed by Akcent Development in downtown Bucharest and managed by the Asset Services team of Cushman & more
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Euroest Car Leases 9,500 Sqm in CTPark Chitila
8 dec 2022
Euroest Car, a Romanian company specializing in car part import and distribution, has leased 9,500 square meters in industrial park CTPark Chitila, developed by CTP in north-western Bucharest. more
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Simtel Team Contracts EUR5M Sustainable Loan from ING Bank to Acquire Photovoltaic Panels
8 dec 2022
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, has contracted a EUR5 million (RON25 million) loan from ING Bank Romania for the more
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Simtel Team Opens Subsidiary in Republic of Moldova
7 dec 2022
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, has announced the opening of a subsidiary in Chisinau, the Republic of Moldova, more
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AROBS Rewards Employees with Stock
29 nov 2022
AROBS Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, has announced the completion of the first stage of the Stock Option Plan scheme for the stimulation more
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CFA Analysts Expect Inflation to Average 10.56% in 12 Months, See Leu at 5.06 Units/Euro
29 nov 2022
Financial analysts part of CFA Romania expect the Romanian currency to fall to an average exchange rate of 5.0652 units/EUR in the next 12 months, while the estimated inflation rate is seen averaging more
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Forty Management Sells 1,220 Sqm of Retail Space in Bucharest for EUR3.3M
16 nov 2022
Forty Management, one of the leading real estate developers of mixed-use and urban redevelopment projects in Romania, has completed the sale of 1,220 square meters of retail space located in its more
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Meta Estate Trust Reports RON3.7M Profit, RON11.3M Revenues in Jan-Sept 2022
16 nov 2022
Meta Estate Trust, a holding company operating in the real estate field, present on the SMT-AeRO market of the Bucharest Stock Exchange, ended the first nine months of 2022 with total revenues worth more
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Patria Bank Jan-Sept 2022 Profit Doubles from Year-Earlier Period To RON14.8M
16 nov 2022
Patria Bank, a lending institution held by investment fund Emerging Europe Accession Fund (EEAF), for the first nine months of 2022 reported RON14.8 million net profit, up 106.4% from the year-earlier more
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Prefab Profit Down 22.9% in Jan-Sept 2022, To RON7.4M
15 nov 2022
Construction materials producer Prefab Bucuresti reported net profit worth RON7.45 million in the first nine months of 2022, down 22.9% from the year-earlier period, amid RON72.9 million turnover, more
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Purcari Net Profit Slides 11% in Jan-Sept 2022 To RON35.3M
15 nov 2022
Wine maker Purcari for the first nine months of 2022 reported net profit worth RON35.3 million, down 11% from the same period of 2021, amid RON199.7 million revenues, up 20%. more
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Alro Slatina Losses Widen to RON110M in Q1-Q3
14 nov 2022
Alro Slatina Group, one of the largest vertically integrated aluminum producers Europe, saw its net losses widen to RON110 million in the first nine months of 2022 from the RON25 million in the more