Articles 51 - 75 of 765 by " Cristina Bellu"
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Real Estate Developer Liebrecht & Wood To Continue Investment In Bucharest
5 iun 2024
Belgian-held real estate developer Liebrecht & wooD, whose projects include West Park Retail Militari and East Park Retail Pallady, announces continuation of investment in the east of Bucharest. more
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MAGNOR Reports RON100M Turnover for 2023, Up 25% YOY
5 iun 2024
MAGNOR holding, a Romanian-held company specializing in pawnbroking and money exchange services, ended 2023 with RON100 million turnover, up 25% from the previous year. more
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Turkey’s Furniture Maker Adore Home Aims to Double Turnover in Romania, to EUR3M, Mulls Building Production Unit
5 iun 2024
Turkish furniture producer Adore Home, active on the Romanian market since 2022, expects EUR3 million turnover on the local market, 2.3 time higher than the EUR1.3 million level of 2023. more
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Cushman & Wakefield Echinox 2023 Turnover Rises 15% To EUR12M
3 iun 2024
Real estate consultancy Cushman & Wakefield Echinox ended 2023 with EUR12 million revenues, up 15% from 2022, with growth supported both by business lines providing brokerage services, and more
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Clifford Chance Badea Assists JC Flowers & Co in Completing Sale of First Bank to Italy’s Intesa
3 iun 2024
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has assisted J.C. Flowers & Co. in finalizing the sale of First Bank to Italian group Intesa, thus marking the exit of more
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BSOG Launches Biogas Company in Romania
29 mai 2024
Black Sea Oil & Gas SRL (BSOG), a company owned by investment fund Carlyle International Energy Partners and the EBRD, is launching BSOG Energy SRL in Romania, a company focused on biogas plant more
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MedLife-Held Fitness Network Sweat Opens New Center In Bucharest
28 mai 2024
MedLife, the main actor on the private medical service market in Romania, has opened a new Sweat fitness & wellness center in Drumul Taberei, Bucharest, following an almost EUR1 million investment. more
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Deloitte Romania Assists ACP Credit in Granting EUR10M Funding to Mogo Romania for Expansion
28 mai 2024
Deloitte Romania has assisted investment fund Accession Capital Partners (ACP) Credit, part of ACP Group, in granting EUR10 million funding to Mogo Romania, a company specializing in financing used more
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Uniqa Asigurari and Uniqa Asigurari de Viata End Q1/2024 with over EUR35M Gross Underwritten Premiums, up 14.5% from Q1/2023
28 mai 2024
Uniqa Asigurari and Uniqa Asigurari de Viata, companies operating in Romania under the umbrella of Austrian group Uniqa, ended the first three months of 2024 with an overall EUR35.3 million volume of more
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Fitch Ratings Affirms Romanian Transgaz Rating at “BBB”; Outlook Stable
27 mai 2024
Romania’s natural gas transmission company Transgaz has announced at the Bucharest Stock Exchange that international rating agency Fitch has affirmed the rating of the company at 'BBB-' outlook more
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CEC Bank CEO Bogdan Neacsu Gets New Term At The Helm Of Romanian Association Of Banks
24 mai 2024
Bogdan Neacsu, the chief executive officer of CEC Bank, the third largest lender in Romania by assets, has got his second term as chairman of the Romanian Association of Banks (ARB), after having been more
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ASF Greenlights JT Grup Oil’s IPO
24 mai 2024
The Financial Supervisory Authority (ASF) has approved the prospectus for the initial public offering of 10 million shares for the listing of JT Grup Oil, a fuel wholesaler based in Navodari, on the more
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Bosch Posts EUR516M Consolidated Revenue In Romania In 2023
22 mai 2024
Germany’s Bosch Group ended fiscal 2023 with RON2.5 billion (EUR516.2 million) consolidated sales in Romania, the same as in 2022. more
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CFA Analysts Project 1.9% GDP Growth, 5.7% Budgetary Gap in 2024. Inflation Forecast to Average 5.73%, Leu to Reach 5.0179 Units/Euro in Next 12 Months
22 mai 2024
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0719 units/euro in the next 12 months, while the inflation rate will more
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Razvan Butucaru, Mazars: Romania Among Top Four M&A Markets In Region By Deal Volume
21 mai 2024
The Romanian M&A market is among the top four M&A markets in the region in terms of deal volume and is increasingly gaining visibility with international investors and developing a strong local more
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South Of Bucharest Could Attract EUR3.5B Investment In Urban Development After Extension Of Subway Line 4
21 mai 2024
The project to extend Line 4 of Bucharest subway that runs from Straulesti to Gara de Nord to Gara CFR Progresul (Progresul train station) will generate new development opportunities in the south of more
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Operating Leasing Market Ends 2023 With 12% Growth YoY
20 mai 2024
The operating leasing market in Romania grew by 12% to 89,500 units under management in 2023, of which more than 90% are full service, according to the estimates of the Association of Operating more
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Meta Estate Trust Sees Net Profit Triple in Q1/2024 To RON2M
20 mai 2024
Real estate holding Meta Estate Trust, in the first quarter of 2024 registered net profit worth RON2 million, three times higher than the net result reported in the year-earlier period. more
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Storia: Brasov Saw Highest Rise In Old Apartment Prices, 21% YoY, In April 2024
16 mai 2024
Prices for old apartments in Brasov rose fast in April by 21% year-on-year to an average of EUR1,930/ square meter, while the average asking price for new apartments reached EUR2,053/ square meter, 8% more
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Primark Wants to Open Fourth Store in Romania in Vivo! Shopping Center of Cluj-Napoca
14 mai 2024
Irish retailer Primark, which opened its first Romania store in December 2022, plans to add its fourth store locally, in Vivo! shopping center of Cluj-Napoca. more
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Dutch Group Photon Energy Gets EUR15M from EBRD to Build Six Photovoltaic Parks in Romania
14 mai 2024
Photon Energy has signed a senior secured loan agreement worth up to EUR15 million with the European Bank for Reconstruction and Development (EBRD) that will finance the construction and completion of more
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Transelectrica Q1/2024 Net Profit Up 29% To RON103M
14 mai 2024
Romania’s national power transmission company Transelectrica generated RON103 million net profit in the first quarter of 2024, up 29% from the year-earlier period, while operating revenues reached more
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Nuclearelectrica Ends Q1/2024 with RON1.2B Revenues, Down 43%, RON563M Net Profit, Down 26% from Q1/2023
14 mai 2024
State-run nuclear power producer Nuclearelectrica ended the first quarter of 2024 with RON1.2 billion revenues, down 43.1% from Q1/2023, while net profit shrank by 26.5% to RON563.2 million. more
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OTP Bank Romania Ends Q1 With RON219M Total Income
10 mai 2024
OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report published in more
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MedLife Reports RON647M Turnover for Q1/2024, Up 22% Vs Q1/2023, RON13M Net Profit, 55% Higher
10 mai 2024
Private healthcare provider MedLife ended the first quarter of 2024 with pro-forma consolidated turnover worth RON647 million, up 22% from the year-earlier period, while net profit rose by 55.5% to more