Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Romania’s Trade Gap Narrows by 13.4% YOY To EUR11B in Jan-May 2023
Romania’s trade gap in January-May 2023 shrank by 13.4% from the year-earlier period, to EUR11.05 billion, after exports rose by 7.5% and imports went up by 2.1%, in line with the country’s...
Stay Fit Gym Triples Unit Number to 21, Set to Expand Further
Stay Fit Gym, Romania’s second biggest fitness center chain, has reached 21 units locally after the company has in the past 18 months managed to triple the number of launches in the wake of...
CFA Romania Analysts Forecast 7.73% Average Inflation, See Leu At 5.0719 Units/Euro in Next 12 Months
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0719 units per euro in the next 12 months, while the anticipat...
INS: Romanian Execs Expect Rising Prices and Activity in Retail and Constructions in Next 3 Months
Romanian executives for June-August 2023 estimate increasing activity in constructions and retail, in parallel with rising prices in the two fields, while headcount in industry and services...
CreditAmanet Moves Offices to Bucharest’s SkyTower Office Building, Romania’s Tallest
CreditAmanet holding, a Romanian-held provider of pawnbroking and money exchange services, has relocated its offices to SkyTower office building near Bucharest’s Promenada mall, in the wake...
Coca-Cola HBC Romania Leases 4,500-Sqm of Office Space in Globalworth Campus B
Coca-Cola HBC, the biggest player on the soft drinks market, is set to establish its headquarters in Globalworth Campus B building starting spring 2024, after it signed a ten-year leasing co...
Mediapost Hit Mail Buys 75% in White Image
Mediapost Hit Mail, an integrator of direct marketing services, held by a division of France’s postal service company, has taken over a 75% stake in White Image, the main player on Romania’s...
Window and Door Trim Maker Barrier Gets over EUR3M Non-Reimbursable Funding To Expand Bacau Production Capacity
Barrier, one of Romania’s largest PVC trim makers, has completed the investment meant to expand the production capacity of Bacau plant after getting an over EUR3 million non-reimbursable fun...
BCR, Banca Transilvania and OTP Bank Are Romania’s Most Digitalized Banks
BCR, controlled by Austria’s group Erste, Romania’s second largest bank by assets, comes third in the international ranking of the most competitive banks in terms of digitalization, with 6.8...
AROBS Set to Launch AROBS Polska Unit
AROBS Transilvania Software, the biggest tech company listed on the Bucharest Stock Exchange, is launching the AROBS Polska unit after completing the takeover of a 94% majority stake in Syde...
Banca Transilvania Leases 10,000 Sqms of Office Space in Globalworth’s Green Court Project
Banca Transilvania, Romania’s largest bank, has signed with Globalworth, leader of Romania’s office market and the most important investor in office buildings of ECE, a leasing contract for...
Petrom and Romgaz Officially Announce Decision to Develop Neptun Deep
OMV Petrom, the largest integrated energy company in South-Eastern Europe, along with its partner Romgaz, has made the Final Investment Decision for the development of the Neptun Deep projec...