Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
PwC Survey 2025: Romania Executives are Cautiously Optimistic About Economy Evolution in 2025
Romania corporate leaders are cautiously upbeat about the evolution of the national economy in 2025, with half of them believing the local economy will register growth this year and the othe...
Romania Pillar III Pension Funds Attracted almost 133,000 Romanians in 2024, Up 40% YOY
Around 133,000 Romanians started in 2024 saving for retirement via voluntary private pensions (Pillar III), 40% more than in 2023 and an all-time high in terms of the number of new clients a...
CBRE Assists Rus Savitar in Sale of Timis Furniture Plant to EU Furniture
Real estate consultancy CBRE Romania assisted Rus Savitar, one of Romania’s leading furniture producers, founded by Rusu family, in the sale of the plant in Dudestii Noi, Timis county, to UE...
Electromontaj Enters Partnership with Dutch Tennet To Build and Upgrade 1,000 Km of High Voltage Power Lines in the Netherlands in EUR1.75B Project
Electromontaj SA has signed a 10-year partnership with Tennet BV, operator of Netherlands’ high voltage grid, envisaging the building of 400 kms of high-voltage power lines and the upgrading...
Unilever Appoints Monica Tamas At Helm of Operations for Romania and Republic of Moldova
Anglo-Dutch giant Unilever, one of the largest players on the consumer goods market, appointed Monica Tamas as General Manager of Unilever Romania and Moldova starting January 2025.
New Car Registrations in Romania Up 5.6% YOY in 2024, To over 150,000 Units
New passenger car registrations in Romania went up by 5.6% in 2024 against 2023, to 151,105 units, while at EU level new car registrations inched up by 0.8% to 10,632,381 units, in line with...
REI: Over EUR2B in Non-Reimbursable Funds Available for Companies in 1Q/2025
More than EUR2 billion under the form of non-reimbursable funds are set to be provided in the first quarter of this year for investments in startups, as well as in the fields of technology,...
Garanti BBVA Lends EUR5M to Industrial Group Alca for Funding of 5-Star Hotel in Bucegi Mountains
Garanti BBVA Romania has granted a EUR5 million loan to Industrial Group Alca for the financing of Pestera Wellness & Spa project, a 5-star hotel located in Pestera-Padina resort of Bucegi m...
SelfPay Contracts EUR1.5M Loan from Banca Transilvania for Business Expansion
SelfPay, which owns the largest network of self-service payment terminals in Romania, has signed a EUR1.5 million credit contract with Banca Transilvania.
C & W Echinox: Local and European Real Estate Market Enter 2025 with Clear Directions toward Recovery and Adaptation
Favorable economic factors, such as inflation stabilization, interest rate cuts and real income growth, are aiding real estate sector consolidation as a vital pillar of the continental econo...
Romania Labor Market in 2024. Employers Posted almost 300,000 New Jobs
Employers posted almost 300,000 new jobs in 2024 and around 11 million applications were registered, reveals Review & Trends annual report drawn up by eJobs Romania.
Bank Deposits Hit almost RON615B in November, Up 10.6% YOY
Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign c...