Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Kearney: Over Half of Banking Interactions in Romania for New Product Purchases Are Entirely Digital, Almost Double from 2020
More than half (57%) of interactions Romanians have with their banks for new product purchases are digital, a level that is almost double the 2020 one, of 30%, in line with the European Reta...
CEC Bank Grants Tu Agrar Farm EUR3.3M Investment Loan to Purchase Shares of Foreign Investor
CEC Bank has granted Tu Agrar farm, part of Rodbun group, a EUR3.3 million investment loan for the acquisition of shares of Frontier Invest Goup, a company that owns around 560 hectares of i...
Romanian Army Signs EUR857M Contract with Turkish Otokar for Supply of COBRA II Tactical Armored Vehicles
The Romanian Army, via Romtehnica, a company representing the Romanian Ministry of Defense (MApN), has signed with Turkish land systems manufacturer Otokar a multiannual contract worth RON4....
CFA Romania Analysts Say Romania Economy Performed Below Potential in 2024 and Will Continue To Decelerate in 2025
CFA Romania financial analysts’ economic growth outlooks continue to deteriorate, with the latest survey pointing to a 1.6% value, while for 2025 the economy is expected to decelerate to a r...
Three-Month ROBOR Continues to Rise, Reaches 5.87%/Year
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, as well as for companies lei-de...
Bank Deposits Near RON602B in October, Up 9.8% YOY
Household and company loans in October totaled RON601.9 billion, up 9.8% from the same period of last year (4.9% in real terms), after local currency deposits went up by 13.1% and foreign cu...
Romania Private Lending Accelerates Further to 8.9% in October
Private lending increased by 8.9% in October against the same period of 2023, to a total of RON416 billion, after local currency loans rose by 11.7% and foreign currency ones advanced by 3%,...
NEPI Rockcastle Takes Over 50 MW Solar Farm from Monsson
Monsson, the main renewable energy project developer in Romania, controlled by businessman Emanuel Muntmark, has transferred to NEPI Rockcastle, Romania’s largest mall owner, a 50 MW photovo...
Retele Electrice Muntenia Set to Invest RON445M in Modernization of Electrical Infrastructure in Ilfov and Giurgiu
Retele Electrice Muntenia, part of PPC Group in Romania, has launched a public tender of over RON445 million on SEAP platform for the design and execution of maintenance and modernization wo...
Bucharest’s Calea Victoriei Up Two Positions to 38 in Ranking of World’s Most Expensive Shopping Streets
Bucharest’s Calea Victoriei (Victory Avenue), the main shopping street in Romania, has climbed two positions, to 38, in the ranking of the world’s most expensive shopping destinations, as Bu...
Stay Fit Gym Becomes Largest Fitness Center Chain in Romania
Stay Fit Gym has become the network with the biggest number of centers opened in Romania and Eastern Europe with the launch of its 47th unit in Rahova, Bucharest.
New Car Registrations in Romania Up 5.4% YOY in Jan-Oct 2024 To over 127,000 Units
New passenger car registrations in Romania during the January-October 2024 period rose by 5.4% from the year-earlier period, to 127,061 units, while at EU level they merely edged up by 0.7%...