Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
AROBS Transilvania Budgets 17% Higher Turnover for 2022 to RON200M and RON47M Net Profit, Up 10% YOY
AROBS Transilvania Software, a tech company listed on the Bucharest Stock Exchange under the AROBS ticker, targets RON197.3 million, RON54.9 million EBITDA and net profit worth RON47.3 milli...
Banca Comerciala Romana 1Q/2022 Net Profit Up 12.5% from 1Q/2021 to RON477.5M
Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2022 with net profit worth RON477.5 million (EUR96.5 million), up 12.5% from RON424.6 million (EUR...
Sport Guru 2021 Profit Up 64% to RON2.8M YOY
Sport Guru, the main retailer and distributor of specialized sporting goods domestically, posted total sales of RON38.4 million at the end of 2021, up 62% on the year, and RON2.8 million net...
Poland’s Scallier Borrows EUR8M from OTP Bank For Retail Project Funshop Park of Turda
Poland’s Scallier, one of the most dynamic investors in small and middle-sized retail parks, contracted EUR8 million funding from OTP Bank Romania for the construction of Turda-based retail...
Romanians Execs Expect Surging Prices in Industry, Constructions and Retail Trade in April-June
Romania’s business managers for April-June forecast moderate activity growth in the processing industry, retail trade and services, in parallel with a steep price increase in industry, const...
Romania Private Lending Grows 15.7% YOY to RON336.1B in March 2022
Private lending in March expanded by 15.7% from the year-earlier period, to RON336.1 billion, after local currency lending increased by 20% and foreign currency lending by 5.6% when expresse...
Romania Posts Trade Deficit of EUR4.5B in Jan-Feb 2022
Romania’s trade balance posted a EUR4.58 billion deficit during January-February period, up by EUR1.5 billion from the year-earlier period, data from the country’s statistics board INS showe...
AROBS Transilvania Takes over Local Arm of Swedish Enea in EUR18M Deal, Largest in Company’s History
AROBS Transilvania Software, a Romanian IT company controlled by Cluj entrepreneur Voicu Oprean, listed on the AeRO market of the Bucharest Stock Exchange under the ticker AROBS, has sealed...
Romanian Execs Forecast Soaring Prices in Industry, Constructions and Retail Trade in March-May
Romanian business managers for the March-May period expect moderate activity growth in the processing industry, in parallel with a steep price increase in industry, constructions and trade,...
Iulius Group Set to Develop Housing Project near Romexpo
Romanian businessman Iulian Dascalu, owner of Iulius Group, has started the licensing process of a mixed-use project near Romexpo in Bucharest, through the company Factory Business United he...
Agroserv Mariuta Switches to RON1.7M Profit in 2021 from RON6.2M Losses in 2020
Agroserv Mariuta, the Romanian company that owns Laptaria cu Caimac brand, ended 2021 with RON68.4 million turnover, up 40% from 2020 and net profit of RON1.7 million, from RON6.2 million lo...
SIF Hoteluri Shareholders Okay Sale of Oradea DoubleTree by Hilton Hotel
SIF Hoteluri, a company controlled by SIF Banat-Crisana, announced the company’s shareholders approved the sale of DoubleTree by Hilton hotel of Oradea, part of the company’s portfolio.