Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Morphosis Capital Companies See 2022 Turnover Rise 42% YOY
Private equity fund Morphosis Capital, founded by four Romanian executives, reported an overall 42% increase in turnover generated by the companies part of its portfolio against 2021.
New car registrations in Romania Up 27.6% in 1Q/2023, To 36,966 Units
Romania continues to rank 14th in the European Union by the number of new passenger cars registered in January-March, with 36,966 units, up 27.6% from the same period of 2022, in line with d...
Agricover Holding Wants to Float on BVB Via IPO Set to Include Capital Raise and Share Sale
Agricover group, leader of Romania’s agribusiness market, controlled by businessman Jabbar Kanani, wants to list on the Bucharest Stock Exchange via an IPO that will include a maximum number...
Holcim Romania Buys Stones Business Development
Holcim Romania, Romania’s largest building materials manufacturer by turnover, is expanding its aggregates arm by acquiring Stones Business Development, a major aggregates provider in the Bu...
Swiss-held Holcim Leases 2,282 Sqms in Bucharest’s Oregon Park
Holcim Romania, the biggest building materials manufacturer locally by turnover, has leased a 2,282-sqm space in the B-office building of Oregon Park, a green certified project built in Pipe...
OMRO IFN Gets RON7M from BNP Paribas to Fund SMEs
OMRO, a non-banking financial institution funding Romanian agriculture SMEs and local businesses, has sealed a partnership with BNP Paribas, a major banking players in the EU, via which the...
Romania Labor Market after 1Q/2023: Falling Interest in Jobs Abroad, Still High Interest in Remote Jobs
Candidates’ interest in remote jobs stayed high in the first three months of 2023, while the number of applications for jobs abroad registered a significant decline, reveals an analysis by e...
INS: Romanian Execs Expect Steep Price Increases in Retail, Constructions, Industry, Services in March-May 2023
Romanian business managers predict soaring prices in retail and constructions, but also in industry and services, during March-May 2023 period, in parallel with moderate activity growth in t...
Tech Company 2Performant Projects 39% Higher Turnover, Threefold Profit Increase in 2023
2Performant, the main player on Romania affiliated marketing market, expects RON48.6 million turnover in 2023, up 39% from 2022, and RON836,000 profit, three times bigger than the 2022 figur...
Sphera Franchise Group Expects EUR320M Sales in 2023, Up 21% YOY
Sphera Group, the franchise operator of the KFC, Pizza Hut and Taco Bell restaurants in Romania, estimates restaurant sales will top EUR320 million in 2023, up 21% from 2022, while normalize...
Arctic Stream Aims for 25% Higher Turnover, 23% Profit Growth in 2023
Arctic Stream, an IT infrastructure and security integrator listed on the Bucharest Stock Exchange, expects turnover worth RON102.5 million (EUR20.83 million), in 2023, up 25% from 2022. Net...
Mastercard Launches Cashback Campaign for Romanians Paying Taxes by Card by March 31
Mastercard is launching in Romania a cashback campaign for people who during the March 24-31 period choose to pay their taxes with a Mastercard debit or credit card, on Ghiseul.ro platform a...