Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
C&W Echinox: Over 500,000 Sqm of Retail Space Announced for Next 4 Years in Romania
Real estate developers are further expanding their retail project portfolios in Romania, so that spaces with a total area of above 500,000 square meters are announced for the next four years...
IMF Improves Romania’s Growth Projection To 3.5%-4.5% For 2022 and 2023
The International Monetary Fund improved its economic growth prognosis for Romania to 3.5%-4.5% this year and next year.
One United Properties Set to Be Included in New FTSE Russell Index As Of June 20
Shares of One United Properties, a real estate developer of residential, office and mixed-use projects in Romania, will be included, starting June 20, in a new FTSE Russell index: the FTSE E...
Agroland Business System Set to Deliver Table Eggs to Mega Image Bucharest Stores
Agroland Business System, the Romanian retail, agriculture and food entrepreneurial group which owns the largest network of agricultural stores in Romania, inked a partnership agreement with...
Growceanu Wants to Raise EUR300,000 Via Platform It Operates
Business angels investment platform Growceanu aims to raise EUR300,000 in an investment round set to unfold exclusively on the Growceanu platform starting June 9th.
EBRD Expands Presence in Romania by Opening New Regional Office in Cluj-Napoca
The European Reconstruction and Development Bank (EBRD) has recently announced it’s expanding its presence in Romania by opening a new regional office in Cluj-Napoca, the country’s second la...
Packaging Maker Promateris Gets EUR597,000 Funding; Continues Investment in Sustainable Business Development
Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in CEE, announced it obtained a new grant from the part of EEA & Norway Grants within the pr...
Agroland Agribusiness Sees Profit Double in 1Q/2022 to RON0.8M
Agroland Agribusness (AAB.RO), a Romanian entrepreneurial business, part of Agroland group, specializing in the sale of farming inputs, ended the first quarter of this year with operating re...
Three-Month ROBOR Ends May 16-20 Week at 5.71% A Year
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, increased to 5.71% a year on Fr...
Square 7 Properties Buys 30,000-Sqm Land Plot in Medias to Build New Shopping Center
Square 7 Properties, a company that develops and manages retail parks, owned by Austrian businessman Clemens Petschnikar, has announced the acquisition of a 30,000-sqm land plot in Medias, w...
One United Properties Posts Fourfold Profit Increase in 1Q/2022, to RON166M, from 1Q/2021
Real estate developer One United Properties, listed on the main market of the Bucharest Stock Exchange (ticker ONE), ended the first quarter of this year with consolidated revenues worth RON...
Romania Retail Sales Up 5.5% YoY in 1Q/2022
Retail sales, the most important barometer for private consumption, went up by 5.5% in unadjusted data year-over-year in the first three months of 2022 amid rising sales of car fuel in speci...