Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
80 MW Doicesti-Sotanga Solar Park, Part of Energy Project Including Europe’s First SMR, Becomes Operational
Doicesti-Sotanga photovoltaic park, with a 80 MW installed power, has become operational. The investment is part of Doicesti energy project that will include the first SMR in Europe, the sec...
BRD-SocGen Group Ends 1H/2023 with RON768M Profit, Up 24.4% YOY
BRD-SocGen, the third largest bank locally by assets, in the first half of this year posted net profit worth RON768 million at group level, up 24.4% from the year-earlier period, while reven...
CFA Romania Analysts Anticipate 8.21% Average Inflation, See Leu at 5.0438 Units/EUR, Slash 2023 GDP Growth to 2.5%
Financial analysts part of CFA Romania association forecast an average inflation rate of 8.21% in the next 12 months, up from 7.73% rate forecast in May, amid the high budgetary gap and tax...
ROCA Industry in Talks to Buy Stake in Door Maker Workshop Doors
ROCA Industry, the building materials holding part of ROCA Investments, has announced its intention to acquire, via ECO EURO DOORS, part of the holding, a stake in interior door manufacturer...
Boston Consulting Group: Romanians’ Wealth Set to Grow 7% by 2027, from $200B
Personal net worth in Romania rose at an annual rate of 10.5% in the past five years, to $200 billion and is expects to continue to growth by around 7% by 2027, overshooting the growth rate...
New Car Registrations in Romania Up 25.4% in 1H/2023 To 73,645 Units
Romania continues to rank 14th in the EU by the number of new cars registered in January-June, with a volume of 73,645 units, up 25.4% from the year-earlier period, of which 6,998 were full-...
PwC: Romania Media and Entertainment Industry Seen Reaching EUR4B in 2023, Up 7% YOY
Romania’s media and entertainment industry is expected to reach EUR4 billion this year, up 7% from 2022, with most segments set to register growth, according to PwC Global Entertainment & Me...
Agroserv Mariuta Takes Out EUR9.5M Loan from CEC Bank for Loan Refinancing
Agroserv Mariuta, a Romanian farming company that owns Laptaria cu Caimac brand, has contracted a EUR9.5 million loan from CEC Bank, structured on the medium and long term, for the refinanci...
AROBS Transilvania Software Completes Share Capital Cut, Readies for Listing on BVB Main Market
AROBS Transilvania Software, the biggest tech company listed on the Bucharest Stock Exchange, announces it has finalized the operation of share capital reduction to RON87.1 million, with the...
Pehart Grup Set to Invest over EUR20M To Boost Production Line Energy Efficiency, Diversify Portfolio and Increase Export Capacity
Paper manufacturer Pehart Grup aims to invest more than EUR20 million this year to boost the energy efficiency of the production lines in the two plants it operates in Petresti-Sebes and Dej...
Grup Serban Holding Buys Vaslui Farm for EUR1.5M
Grup Serban Holding, a Romanian entrepreneurial company operating in several agricultural fields, has invested EUR1.5 million in the acquisition of a new farm in Vaslui county.
British Council Leases Space in One Cotroceni Park for English Language Learning Center
British Council, the world’s leading organization in the field of cultural relations, has signed with One United Properties, the leading green investor and developer of residential, mixed-us...