Reporter
Cristina Bellu
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2021
- Articles
- 1.012
Allianz-Tiriac Ends 1H/2021 with Underwritten Premiums Above RON768M, Up 12% YoY
Allianz-Tiriac in the first half of 2021 underwrote premiums worth over RON768 million, up 12% against the similar period of last year and around 10% higher than in 1H/2019.
Austria's ALPLA To Invest EUR7.5M in Recycling Plant in Targu Mures
Austrian giant ALPLA, with annual turnover of EUR3.7 billion and 178 plants in 45 states worldwide, is to build a recycling plant in Targu Mures in the wake of EUR7.5 million investments.
CEC Bank Steps Up Tech Investments
Romanian state-owned lender CEC Bank is investing further in technology and digitalization and announces the launch of current account packages that can be accessed entirely online, with qua...
Impact Shareholders Greenlight RON194M Capital Increase
The management board of real estate developer Impact Developer & Contractor (IMP.RO) approved a share capital increase by a maximum of RON194 million via the issue of 775 million shares.
Romania’s Total Warehousing Stock Likely to Hit 6 Million Sqm in 2021
Romania held a total stock of modern industrial and logistics spaces of 5.3 million square meters at end-2020, and developers have pledged over 800,000 square metres of new warehouses in 202...
Romanian Game Developer Amber Eyes 36% Higher Revenues, Of RON117M, By End-2021
Romanian video game developer Amber reported turnover worth RON50 million in the first six months of 2021, up 45% against the year-earlier period, and expects revenues to grow 36% to RON117...
Black Sea Fund I Investment Fund Takes Over 70% of Romania’s Largest Independent Children’s Toy Maker D-Toys
Romanian investment fund Black Sea Fund, focused on deals with small and medium-sized companies, announced it took over a 70% stake in D-Toys, Romania’s most important children’s puzzle and...
Ropharma Ends 1H/2021 with RON1.45M Net Profit, Down 4.6% YoY, Amid RON223M Revenues
Pharmacy network Ropharma (RPH.RO), Romania’s fifth largest pharmacy network, held by entrepreneur Mihai Miron, ended the first six months of 2021 with net profit worth RON1.45 million, 4.65...
Holcim Opens Eco-Friendly Concrete Station in Tunari, Near Bucharest
Holcim Romania, the biggest producer of construction materials domestically, announced it opened a new eco-friendly concrete station, in Tunari locality, Ilfov county, where it is set to man...
IAR Brasov Saw Profit Go Up By 19% in 1H/2021 to RON18M and Turnover Rise by 5.4% to RON167M
Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) for the first six months of 2021 reported net profit worth RON18.2 million, almost 19% higher against the year...
Oil Terminal Ends 1H/2021 with RON9.7M Net Profit, Up 28% from 1H, 2020
Romanian oil storage and shipment firm Oil Terminal ended the first six months of 2021 with net profit of RON9.73 million, 28% higher than in the same period of 2020, and turnover worth RON9...
Alro Group Ends 1H/2021 with RON47M Losses, Against RON253M Profit in 1H/2020
Alro Slatina group, one of Europe’s biggest vertically integrated aluminum producers, posted losses of RON47.5 million in the first six months of 2021, compared with profit worth RON253.6 mi...