Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
BCR Reports RON1.53B Net Profit For Jan-Sept 2022, Up Almost 35% from Year-Earlier Period
Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, posted net profit worth RON1.53 billion (EUR312 million) in the first nine months of 2022, up 34.8% from the same p...
BRD Jan-Sept 2022 Profit Up 12.5% To RON998M from Year-Earlier Period
BRD-SocGen, the third largest bank in Romania by assets, ended the first nine months of 2022 with RON2.44 billion net banking income, up 11.6% from the year-earlier period, while net profit...
Raiffeisen Bank Jan-Sept Net Profit Up 43% to RON920M
Raiffeisen Bank, the local subsidiary of the Austrian group of the same name, for the first nine months of 2022 reported RON920 million net profit, up 43% from the year-earlier period.
One United Properties Gets Building Permit for One Floreasca Towers
One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, has obtained the building permit for One Floreasca Towers, a prem...
One United Properties Set to Distribute Cash Dividend on November 3rd, Bonus Shares on November 4th
One United Properties, the leading green investor and developer of residential, mixed-use and office real estate in Romania, will pay on November 3rd the half-year dividend of RON0.013 per s...
TeraPlast Bistrita Jan-Sept Turnover, Up 25% To RON563M, Net Profit Down 62% To RON16.4M
Building materials maker TeraPlast Bistrita reported RON563.6 million turnover in the first nine months of 2022, up 25% from the year-earlier period.
Romania Private Lending Rises 16% YOY in September
Private lending in Romania in September went up by 16% from September 2021, to a total volume of RON364.7 billion, after local currency lending rose by 14.3% and foreign currency lending, ex...
CFA Analysts: Inflation Likely to Start Falling Below 10% in Next 12 Months, Leu to Decline to 5.07 Units/Euro, Three-Month ROBOR To Reach 7.39% A Year
Financial analysts part of CFA Romania expect the leu to depreciate to an average exchange rate of 5.0797 unit to the euro in the next 12 months, while the forecast inflation rate will hit a...
Aquila Steps Up Investment in Photovoltaic Plants
Aquila Part Prod, the largest player on Romania’s consumer goods distribution market, is investing over EUR220,000 to expand the photovoltaic plant launched in late March, as well as in the...
Dacia and Ford Passenger Car Output Up 21.2% YOY In Jan-Sept 2022
Automobile Dacia and Ford, Romania’s two carmakers, in the first nine months of 2022 manufactured 381,971 passenger cars, up 21.2% from the year-earlier period, in line with data provided by...
Jewelry Chain Teilor Opens 5th Store in Poland, Reaches 63 Units in CEE
Luxury jewelry chain Teilor is expanding further in Poland by opening a new store, in Poznan, thus reaching a 63-unit network in five countries of Central and Eastern Europe.
Dunwell: Over 600,000 Sqm of Warehousing Spaces Were Traded in Jan-Sept 2022
Real estate agencies in the first nine months of 2022 traded 627,837 square meters of warehousing spaces, with almost half of deals being initiated in the July-September period (3Q), reveals...