Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Frames: 7 Out of 10 Real Estate Developers in Romania Likely to Become Insolvent in Coming Period
Over 70% of real estate developers in Romania present a major insolvency risk amid rising challenges generated by falling real estate sales and hiked taxes, reveals an analysis conducted by...
Turkish Womenswear Brand Jimmy Key Set to Open Second Store in Romania on December 8 in Bucharest’s AFI Cotroceni Shopping Center
Turkey’s Jimmy Key, with an over 30-year experience in womenswear, will open its second store of Romania on December 8 in Bucharest’s AFI Cotroceni shopping center developed by AFI Europe.
Bucharest Stock Exchange, Only European Stock Exchange in Top 5 Global IPOs Unfolded So Far in 2023
The Bucharest Stock Exchange (BVB) was the only stock exchange in Europe with a globally significant IPO: Hidroelectrica’s $2 billion offer placed BVB in the 4th place in the global ranking...
Autonom Group Launches New Ride Hailing Service, Blue, in Bucharest
Autonom group, founded by brothers Marius and Dan Stefan, has launched a new ride hailing service on Bucharest market, called Blue, in the wake of a EUR5 million total investment.
New Car Registrations in Romania Up 15.4% in Jan-Oct 2023 To 122,104 Units
Romania continues to rank 14th in the EU by the number of new passenger cars registered in January-October 2023, with a volume of 122,104 units, up 15.4% from the year-earlier period, of whi...
Side Grup Leases 6,000 Sqms in MLP Bucharest West
Side Grup, the main wholesaler of cleaning and hygiene products locally, has leased almost 6,000 square meters of logistic spaces and offices in MLP Bucharest West park developed by Polish g...
ProCredit Bank Romania Lends nextE EUR3.15M to Build 4.7 MWp Photovoltaic Station in Bistrita Nasaud
ProCredit Bank Romania has lent EUR3.15 million to nextE group for the construction of a photovoltaic station with an installed power of 7.4 MWp in Bistrita Nasaud county.
Romania Car Production Up 14.4% in October YOY
The passenger car output of Romania’s two car plants, Dacia and Ford, went up by 14.48% in October year-on-year, to a total of 49,230 units, in line with data provided by the country’s carma...
Sphera Group Sees Revenues Cross RON1B Mark after 9M 2023. Profit Soars 175% To RON43M
Sphera Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romani, as well as the KFC units in Italy and the Republic of Moldova, ended the first nine months of 2023 wit...
One United Properties Ends Jan-Sept 2023 with RON1.15B Consolidated Turnover, Up 27% YOY, RON345M Net Profit, Up 5%
Real estate developer One United Properties registered RON1.15 billion consolidated turnover in the first nine months of 2023, up 27% from the year-earlier period, while gross profit reached...
Aquila Jan-Sept 2023 Net Profit Up 9% To RON70M
Aquila, the market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, ended the first nine months of 2023 with R...
Sopsa Leases 6,400 Sqms of Industrial and Office Space in ELI Park 4
Sopsa, a global leader in waste management sustainable solutions, is entering the local market by signing a leasing contract for 6,400 square meters of industrial and office spaces in ELI Pa...