Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Agricover Reports RON2.55B Turnover, Up 50%, RON91.3M Profit, Up 7% in 2022 YOY
Agricover group, controlled by businessman Jabbar Kanani, reported revenues of around RON2.55 billion in 2022, up 50% from 2021 and net profit worth RON91.3 million, 7% higher on the year.
ING Becomes Tenth Bank in Romania to Add Instant Payment Services to Portfolio
ING Bank Romania is expanding its innovative payment services portfolio with Instant Payments services, developed by Transfond.
Sipex Company Is Included in BETAeRO Index
The shares of construction materials wholesaler Sipex Company have today been included in the BETAeRO index, which comprises the most traded companies in the multilateral trading system (SMT...
Credit Europe Bank Romania Ends 2022 with RON34.5M Net Profit, Down from RON70M in 2021
Credit Europe Bank Romania in 2022 generated net profit worth RON34.5 million, down from RON70 million in 2021, amid ongoing digitalization investments.
Romania Factoring Market Boasted Record 30% Growth in 2022 To EUR7.85B
The factoring market reached EUR7.85 billion in 2022, marking a record high increase of 30% on the year, with domestic factoring operations accounting for EUR6.78 billion, up 35% from 2021,...
Meta Estate Trust To Be Included in BETAeRO Index Starting March 20
Meta Estate Trust, a holding-type company operating in the real estate field, present on the SMT-AeRO market of the Bucharest Stock Exchange, will be included in the BETAeRO index starting M...
SmartBill Integrates Smart Accounts in Platform
SmartBill, the main invoicing and management solution for SMEs in Romania, has integrated Smart Accounts service in its platform, via a partnership with Smart Fintech startup.
BVB Convenes Shareholders on April 26 to Vote on RON10.3M Dividends
The Bucharest Stock Exchange (BVB), the operator of Romania’s around RON223 billion capital market, is convening its shareholder in April 26 for the approval of the distribution of 2022 net...
Exigent Development Borrows EUR57.8M from OTP Group for Phase 5 of Plaza Residence
OTP Bank Romania and OTP Bank Plc have sealed a EUR57.8 million loan agreement with Exigent Property Investment for the construction of phase 5 of housing compound Exigent Plaza Residence lo...
SVN Romania: 19,000 New Houses and Apartments Likely to Be Delivered in Bucharest and Neighboring Areas in 2023
Around 19,000 houses and apartments are likely to be delivered in 2023 in Bucharest and neighboring areas, down by 11% from last year, in line with a market report published by real estate c...
Delgaz Grid Wants to Attract EUR700M Worth of EU Funds to Invest in Local Distribution Networks
Delgaz Grid, part of E.ON group in Romania, plans to attract, in the coming years, EUR700 million of European funds, to which around EUR1.5 billion of own funds will be added, to fund an ext...
Bento Inks RON32M Contract with DEER, Romania’s Largest Energy Distributor
Bento, Intellectually Curious, a Romanian entrepreneurial company specializing in the development and implementation of software solutions and the provision of IT infrastructure and Cloud se...