Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Private Consumption Slows Down to 5.2% in 1H/2022
Retail turnover, the main barometer for private consumption, in the first six months of this year went up by 5.2% in gross series from the year-earlier period, amid rising sales of car fuel...
Raiffeisen Bank Ends 1H/2022 with RON602M Net Profit, Up 50% YOY
Raiffeisen Bank generated net profit worth RON602 million in the first half of 2022, up 50% from the year-earlier period, on soaring lending and a significantly improved risk profile.
DPD Leases 3,500 Sqms of Warehousing Space in VGP Park Arad
Parcel delivery company DPD Romania, one of the largest courier services companies in Romania, has leased 3,500 square meters of warehousing space in VGP Park Arad logistics project located...
AROBS Transilvania Takes Over Nordlogic
AROBS Transilvania Software, the largest tech company listed on the Bucharest Stock Exchange, has announced it entirely took over Nordlogic, a local group of companies specializing in the de...
Petrom 2Q/2022 Profit Soars 66% to Almost RON3B vs 1Q/2022
OMV Petrom (SNP.RO), the biggest company listed on the Bucharest Stock Exchange, for 2Q/2022 reported net profit worth RON2.89 billion, up 65.7% from the previous quarter and more than seven...
Jewelry Chain TEILOR Enters Czech Market with One Store, Reaches 63 Units
Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has oened its first store in the Czech Republic, in the Westfield Chodov shopping center of Prague.
CFA Analysts Improve Economic Growth Forecast to 3.6% for 2022, But Expect Leu at 5.11 Units/Euro in 12 Months and 11% Inflation
Financial analysts part of CFA Romania association forecast the Romanian leu will decline to an average exchange rate of 5.1121 units/EUR in the next 12 months, while the estimated rate of i...
Three-Month ROBOR Up To 7.51% A Year on July 25, 2022
The three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, reached 7.51% a year on Monday, July 25, up...
Alesonor Gets EUR21M Funding from Banca Transilvania To Build 294 Green Housing Units in Amber Forest Project
Alesonor, the real estate developer that erected luxury housing project Amber Gardens, has got a EUR21 million funding from Banca Transilvania for the construction of 294 green housing units...
Swiss Entrepreneur Claudio Cisullo Launches Smart Energy Business Unit in Romania
CC Trust Group, a family business founded and owned by Swiss entrepreneur Claudio Cisullo, has entered Romania’s energy efficiency market with a franchise in the field of smart buildings.
Three-Month ROBOR Ends July 18-22 Week At 7.36% A Year
Three-month ROBOR, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, rose to 7.36% a year on Friday, July 22, up 15...
Bento Draws RON25M from EU Funds to Develop Platform Automating Corporate Processes
Bento Intellectually Curious, a Romanian entrepreneurial company founded in 2004 and specialized in developing and implementing software solutions and delivering IT and Cloud infrastructure...