Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Redport Capital and Mobexpert Complete Acquisition of 44,000-Sqm Land Plot near Petrom City for EUR13M
Redport Capital and Mobexpert group have finalized the acquisition of 44,000 square meters of land in Straulesti area, near Petrom City, in a deal worth around EUR13 million.
CreditAmanet Projects 50% Turnover Growth on Pre-Owned Electronics Segment in 2023
CreditAmanet, a provider of pawnbroking and money exchange services, this year banks on a 50% turnover increase on the segment of pre-owned electronics, as circular economy seems to be gaini...
Law Firm Filip & Company Assisted Instant Factoring in Raising EUR600,000 Funding
Law firm Filip & Company assisted Romanian digital factoring fintech Instant Factoring in getting a EUR600,000 funding from several investors, including MicroEurope, active in the field of m...
BCR Reports RON1.74B Net Profit for 2022, Up 24% YOY
Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, registered net profit worth RON1.74 billion (EUR354 million) in 2022, 23.8% higher than the RON1.4 billion (EUR286....
One United Properties Ends 2022 with RON1.2B Turnover, Up 4% YOY, RON502.6M Net Profit
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, derived RON1.2 billion consolidated tur...
Transgaz 2022 Net Profit Almost Doubles To RON369M YOY
Romania’s natural gas transmission company Transgaz (TGN.RO) in 2022 generated RON369 million net profit, almost twice the 2021 level, amid RON1.57 billion, up 15%.
CEC Bank 2022 Net Profit Rises 22% To RON447M YOY
Romanian state-owned lender CEC Bank reported an estimated, unaudited net profit of RON 446.8 million for 2022, up 22% compared to 2021. This is the fourth consecutive year of solid profits,...
Aquila Ends 2022 with RON85M Net Profit, Up 20%, RON2.2B Revenues, Up 15% YOY
Aquila Part Prod, the largest player on Romania’s consumer goods market, ended 2022 with RON2.21 billion revenues, up 15% on the year, while its net profit rose by 20% to RON85 million, the...
C&W Echinox: Romania Modern Office Stock Likely to Hit 1.3 Million Sqms in Five Years
Developers have announced the construction of more than 275,000 square meters of new office projects in major regional centers of Romania, Cluj-Napoca, Timisoara, Iasi and Brasov, so that th...
5 To Go Signs Strategic Partnership with Carrefour
5 to go coffee shop chain, the largest player in the field, has signed a strategic partnership with Carrefour whereby the 5 to go products dedicated to the retail segment will be present on...
Stefan Mandachi Sells Spartan Restaurant Chain for EUR20.3M To Main Franchisees
Businessman Stefan Mandachi announced he sold Spartan restaurant chain for EUR20.3 million to the biggest franchisees of the chain.
ELI Parks Expands Further Nationwide
ELI Parks continues expanding nationwide through a new logistic and industrial park in Oradea, which is set to include two building with a 30,000-sqm total area.