Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
CFA Analysts Expect Inflation to Average 10.56% in 12 Months, See Leu at 5.06 Units/Euro
Financial analysts part of CFA Romania expect the Romanian currency to fall to an average exchange rate of 5.0652 units/EUR in the next 12 months, while the estimated inflation rate is seen...
SafeTech Jan-Sept 2022 Net Profit More than Doubles to RON5.3M
SafeTech Innovations, a Romanian cybersecurity company listed on the AeRO market of the Bucharest Stock Exchange, for the first nine months of 2022 reported RON5.3 million net profit, up 134...
Garanti BBVA Romania Borrows EUR40M from IFC to Finance Mortgages for Green Housing
International Finance Corporation (IFC), the World Bank’s private investment arm, has granted a EUR40 million loan to Garanti BBVA Romania (GBRO) for the funding of mortgages destined to gre...
Meta Estate Trust Reports RON3.7M Profit, RON11.3M Revenues in Jan-Sept 2022
Meta Estate Trust, a holding company operating in the real estate field, present on the SMT-AeRO market of the Bucharest Stock Exchange, ended the first nine months of 2022 with total revenu...
Patria Bank Jan-Sept 2022 Profit Doubles from Year-Earlier Period To RON14.8M
Patria Bank, a lending institution held by investment fund Emerging Europe Accession Fund (EEAF), for the first nine months of 2022 reported RON14.8 million net profit, up 106.4% from the ye...
Prefab Profit Down 22.9% in Jan-Sept 2022, To RON7.4M
Construction materials producer Prefab Bucuresti reported net profit worth RON7.45 million in the first nine months of 2022, down 22.9% from the year-earlier period, amid RON72.9 million tur...
Purcari Net Profit Slides 11% in Jan-Sept 2022 To RON35.3M
Wine maker Purcari for the first nine months of 2022 reported net profit worth RON35.3 million, down 11% from the same period of 2021, amid RON199.7 million revenues, up 20%.
Luxury Jewelry Store Chain Teilor Expands Further in Poland, Reaches 13-Unit Portfolio Abroad
Teilor, the luxury jewelry store chain with bonds listed on the Bucharest Stock Exchange, continues to expand in Poland by opening a new store, in Wroclaw, thus reaching a portfolio of 13 un...
Alpha Bank Romania Jan-Sept PBT Up 82% To EUR36.7M YOY
Alpha Bank, among the ten largest banks by assets in Romania, in the first nine months of 2022 generated profit before tax worth EUR36.7 million, 82.5% higher than in the year-earlier period...
2Performant Jan-Sept Turnover Up 43% To almost RON24M
2Performant, the main player on Romania’s affiliated marketing market, reported RON23.7 million turnover in the first nine months of 2022, up 43% from the year-earlier period.
Cluj-Based Finas Group Partners Up with DTEK Renewables International, Announces EUR150M Investments in Green Energy Projects
Finas Group, a Cluj-based company operating on the green power, has partnered, in a joint venture, with DTEK Renewables International, the main private energy investor of Ukraine, in a bid t...
Retail Turnover Down 3.6% in September from August
Retail turnover, a barometer for private consumption, declined by 3.6% in gross series in September from August amid falling sales of foodstuffs, beverages and tobacco (by 8.3%, fuel (by 2.2...