Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Economic Confidence Rises in March, but CFA Analysts Caution about Main Risk for Romania Economy: Possible Downgrade to Junk
The Macroeconomic Confidence Index of CFA Romania Association in March rose by 7.3 points to 43.9 points, exclusively on the increase of the anticipations component of the index, while the c...
Romania Bank Deposits Up 7.9% YOY To RON629B in March 2025
Population and company deposits in March 2025 hit a total of RON629 billion, up 7.9% from the same period of 2024 (2.9% in real terms), after local currency deposits rose by 7.3% and foreign...
Romania Private Lending Rises 9.2% In March 2025 YOY To RON423B
Romania private lending in March 2025 registered a 9.2% increase from the year-earlier period, to a total amount of RON423 billion, after RON-denominated loans went up by 10.9% and foreign c...
Rompetrol Rafinare Restarts Petrochemical Unit at Petromidia Refinery
Rompetrol Rafinare has announced it will restart the Low Density Polyethylene (LDPE) unit at the beginning of May amid rising demand for petrochemical products.
Investors Announce 1,000 New Hotel Rooms in Bucharest in Next Two Years
Bucharest hotel market had a solid performance in 2023, further recouping the declines suffered during the pandemic in terms of RevPAR and occupancy rate, while the daily average tariff exce...
Law Firm Schoenherr Assisted Eurobank in Sale of IMO Property Investments Bucharest to APS Group
Law firm Schoenherr has assisted Greek group Eurobank in completing the deal with APS Group for the sale of IMO Property Investments Bucharest.
Popeyes Opens New Restaurant in Bucharest, Reaches Seven Units in Capital City
US restaurant chain Popeyes will open a new unit in May in Bucharest, in shopping center Mega Mall, and will reach seven units in the capital city.
DVI Production Invests EUR40M in Mures BCA Plant
DVI Production, a company that owns Fortem brand, is set to open in Iernut, Mures county, a BCA (autoclaved cellular concrete) plant with a production capacity of 2,000 cubic meters daily, t...
4finance Enters Definitive Agreement for Sale of TBI Bank to Advent
4finance Holding S.A. has sealed a definitive agreement for the sale of TBI Bank EAD to Advent International, a leading global private equity investor.
BICO Industries Wants to Build Non-Woven Fiberglass Production Unit in over EUR7.5M Investment
BICO Industries, a building materials manufacturer controlled by ROCA Industry holding with 60%, has signed a financing contract with the Environmental Funds Administration (AFM) for the fin...
Romania Car Output Downturn Continues in Q1/2025
Romania car production in the first three months of 2025 declined by 11.2% from the year-earlier period, to a total of 135,723 units, of which Automobile Dacia manufactured 75,812 cars and F...
Colliers Takes Over Property Management Services for Victoria Center Offices
Real estate consultancy Colliers has been designated to manage Victoria Center office building of downtown Bucharest, a project that was in early March acquired by Solida Capital, a company...