Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Cushman & Wakefield: CEE, including Romania, Benefits from Production Activity Relocation Closer to Consumers
Central and Eastern Europe, including Romania, is benefiting from the relocation of production activities from more far away countries, such as Asian ones, closer to consumers, particularly...
One United Properties Expands Partnership with Veolia Romania
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, has announced it continues its partnership with Veolia Romania S...
Romania Major Retail Networks See Overall Turnover Rise 16.3% in 2022, Above Average Annual Inflation Rate of 13.8%
The overall turnover of the main retailers in Romania in 2022 went up by almost 16.3% year-on-year, an increase that tops the average annual inflation rate of 13.8%, reveals a survey carried...
CFA Romania Analysts Project 8.13% Average Inflation, See Leu at 5.0528 Units/EUR In Next 12 Months, Cut 2023 GDP Growth Forecast to 2.8%
Financial analysts part of CFA Romania association expect the local currency to decline to an average exchange rate of 5.0528 units per euro in the next 12 months, while the anticipated rate...
2Performant Reports RON10.5M Turnover for 1Q/2023, 26% Higher YOY
2Performant (2P.RO), a technology company and the leader of the affiliate marketing market in Romania, in the first quarter of 2023 posted RON10.5 million turnover, up 25% from the year-earl...
Speedwell Gets Permit to Construct Third Ivy Project Building
Speedwell, one of the most dynamic real estate developers in Romania, has got the construction authorization for the third building part of The Ivy project, the housing compound located clos...
Sphera Franchise Group Switches to RON7.3M Net Profit in 1Q/2023 from RON10.9M Losses in 1Q/2022
Sphera Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romania, in the first three months of 2023 generated RON7.3 million net profit, from net losses of R...
Digi 1Q/2023 Revenues Up 11.7% To EUR395M Vs 1Q/2022
Telecom operator Digi Communications reported total revenues of EUR394.9 million in the first quarter of this year, up 1.7% from the year-earlier period, while profit from continuing operati...
Recruitment Platform eJobs Sees Turnover Rise 50% in 2022, To EUR15M
Recruitment platform eJobs Romania in 2022 registered turnover worth almost EUR15 million and a number of 420,000 jobs posted, with this being the best year in the company’s history.
Ukraine’s Biosphere Corporation Takes Over Alufix Brasov Plant
Biosphere, a major producer and wholesaler of household, hygiene goods and professional products for the away-from-home segment of Eastern Europe and Central Asia, has acquired Alux plant sp...
Safetech Innovations Triples Net Profit in 1Q/2023 To RON1.2M
Safetech Innovations, a Romanian cybersecurity company listed at the Bucharest Stock Exchange, reported individual turnover worth RON6 million in the first quarter of 2023, up 129% from the...
Romanians, Most Active Investors on Local Real Estate Market, with Acquisitions of over EUR1.1B in Past 5 Years
Romanian investors have in the past five years purchased real estate properties worth EUR1.1 billion, accounting for 28% in the overall volume traded in this period, becoming the most dynami...