Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Alro Slatina Set to Halt Alum Tulcea Activities on Soaring Gas and Energy Prices
Aluminum producer Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum smelters in Europe and the biggest electricity consumer in Romania, is set to submit the decision t...
Three-Month ROBOR Rises To 7.16% A Year on July 19
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, reached 7.16% on Tuesday, July...
Grup Serban Holding Buys 4 Grain Storage Bases for RON17.7M
Grup Serban Holding, a Romanian entrepreneurial company active in several fields of agriculture, listed on the AeRO market of the Bucharest Stock Exchange under the GSH ticker, has bought fo...
Euro Vial Residence Buys Clos des Colombes Domain from Anne Marie Rosenberg in EUR1.5M Deal
Euro Vial Residence, a major developer active on the real estate market of Constanta, has acquired Clos des Colombes domain located in 23 August-Olimp area, in a EUR1.5 million deal.
Swiss-held Holcim Buys General Beton Romania
Holcim Romania, Romania’s biggest building materials producer by turnover, active in cement manufacturing, announced it acquired General Beton Romania, a local player on the concrete market,...
Romanian Media Market Set to Reach EUR640M By Yearend, Up 6% YOY
Romania’s overall media market will reach EUR640 million by yearend, with a 6% advance against 2021, including a 20% increase on the digital media segment, in line with the Media Fact Book a...
Retail Turnover Up 5.7% in First 5 Months of 2022
Retail turnover, the main barometer for private consumption, in the first five months of this year went up by 5.7% in gross series from the year-earlier period, amid rising sales of fuel (by...
2Performant Handles EUR21M Sales Via Own Platform in 2Q/2022, Up 49% From 2Q/2021
2Performant, the main player on Romania’s affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange (2P.RO), in the second quarter of 2022 posted 12,281 single us...
Simtel Team Raises Almost RON13M from Investors, Completes Share Capital Increase
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange under the SMTL ticker, has announced it has completed the share capital i...
Jewelry Chain Teilor Wants to Invest RON27M in Expansion
Teilor, a luxury jewelry store chain present in Central and Eastern Europe, has budgeted RON27 million investments for 2022 to open new units, improve existent stores and clients’ omnichanne...
CFA Analysts Expect GDP Growth of 2.9% in 2022, See Leu at 5.11 Units/Euro, Annual Inflation At 9.5% in Next 12 Months
Financial analysts part of CFA Romania association expect the Romanian leu to decline to an average of 5.1125 units to the euro in the next 12 months, while the estimated inflation rate will...
OMV Petrom Board Oks Share Capital Increase By Maximum Value of RON585M Up To RON6.2B
OMV Petrom (SNP.RO), Romania’s only oil and gas producer, on Wednesday said that, based on the authorization received from the Extraordinary General Meeting of Shareholders dated April 27, 2...