Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
MedCity Buys 1,000-Sqm Building in Timisoara from FF Group
MedCity, a developer of buildings for the healthcare field part of SofMedica group specialized in medical equipment wholesale, has bought an over 1,000-sqm building in Timisoara from FF Grou...
Tech Startup Pluria Raises $2M Funding Led by Eleven Ventures
Tech startup Pluria, launched in September 2020 in Romania and Spain by entrepreneur Andrei Cretu, cofounder of 7card network, now present in ten countries of two continents, announced a $2...
Unirea Shopping Center Switches to RON32M Profit in 2022 from RON33.5M Net Loss in 2021
Unirea Shopping Center, a company that manages two shopping centers in Brasov and Bucharest, for 2022 reported total turnover of RON57 million, up 13.5% year-on-year, and RON32 million net p...
Aquila Earmarks EUR13M for Investments in 2023
Distribution and logistics company Aquila Part Prod has budgeted EUR12.7 million investments for 2023.
BCR Reports RON562.7M Net Profit in 1Q/2023, Up 17.8% YOY
Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2023 with net profit worth RON562.7 million (EUR114.4 million), up 17.8% from the year-earlier per...
Romanian State Rejects Transelectrica Dividends
The shareholders of national power grid Transelectrica have not approved the distribution of a RON0.71 gross dividend per share of 2022 profit, in line with the decision of the ordinary gene...
CFA Romania Analysts Forecast 8.96% Average Inflation, See Leu At 5.0274 Units Per Euro in Next 12 Months, Expect Romania Economy to Grow by 3% in 2023
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0274 units per euro in the next 12 months, while the anticipat...
AROBS Transilvania Software Buys Cluj-Napoca-Based FWF Group
Arobs Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, has entirely taken over Future WorkForce Global (FWF) group of Cluj-Napoca, specialized in...
Andrei Sarbu Becomes Sole Stakeholder in SVN Romania
Andrei Sarbu, CEO and founder of real estate consulting firm SVN Romania, one of the largest real estate consulting firms in Romania and leader of the housing segment, with over 15 housing p...
Bucharest’s Hermes Business Campus Gets BREEAM In-Use V6 Excellent Certification
Hermes Business Campus, an office project part of Hungary’s real estate investment fund Adventum Group portfolio since 2021, has obtained the “Excellent” rating according to BREEAM In-Use ce...
Romania Ends 2022 with 5.6% Unemployment Rate, Flat from 2021
Romania in 2022 registered a 5.6% unemployment rate (464,400 persons), a level similar to the 2021 one, as the employment rate for people aged between 20-64 reached 68.5%, up 1.4% from the p...
Transgaz and E.ON Enter Collaborative Partnership amid Green Energy Transition
National gas transmission company Transgaz and E.ON Romania, a group focused on energy and natural gas distribution and supply, have sealed a partnership via which the two companies plan to...