Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
ZF Estimate: Romania Mutual Funds Likely to Reach 1 Million Clients at End-2025
Romania mutual funds, managed by companies part of the country’s biggest banking groups, but also by independent administrators, are likely to reach 1 million clients at the end of 2025 shou...
Sphera Franchise Group H1/2024 Net Profit Doubles To RON41M
Sphere Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, in the first half of 2024 doubled its net profit to around RON41 million amid expense co...
One United Properties Convenes Shareholders to Vote on Interim Dividends, Share Consolidation
Real estate developer One United Properties, controlled by entrepreneurs Victor Capitanu and Andrei Diaconescu is convening its shareholders for October 11 to approve, among other things, th...
Agricover Holding Posts RON806M Revenues, RON35M Net Profit in H1/2024
Agricover Holding, an entrepreneurial agricultural business, reported RON35 million net profit in the first half of 2024, from around RON1 million in the same period of 2023, while revenues...
Digi Communications Buys Nowo Communications, Portugal's 4th Largest Telecom Operator in EUR150M Deal
Telecom operator Dgi, controlled by entrepreneur Zoltan Teszari, has signed a EUR150 million purchase agreement with Britain’s Lorca JVCO for Nowo Communications, the fourth largest telecom...
OMV Petrom Rakes in RON2.6B Net Profit in H1/2024, Up 178% vs H1/2023
OMV Petrom, Romania’s largest oil and gas producer, reported RON2.62 billion net profit for the first half of this year, up 178% from the year-earlier period.
Romanian Govt Set to Borrow More Frequently from Retail Investors via Fidelis Issues
Fidelis issues, via which Romania’s government sells government bonds to retail investors at non-taxable interest rates that are often more attractive than banking offers, will have a higher...
Energy Ministry Wants Nuclearelectrica to Continue Project Based on SMR Technology
State-owned Nucleaelectrica (SNN), Romania’s sole nuclear power producer, has announced it received a request from the Energy Ministry to supplement the agenda of the Ordinary and Extraordin...
Romanians Get a Taste for Bucharest Stock Exchange Investments
The listing of Hidroelectrica (H2O), Fidelis government bond issues, the financial results that have brought all-time highs for stocks such as OMV Petrom (SNP), Banca Transilvania (TLV), tog...
EBRD Slightly Reduces Stake in Banca Transilvania; Remains Confident of Bank’s Future Prospects
The European Bank for Reconstruction and Development (EBRD) has slightly cut its stake in Banca Transilvania, the largest bank in Romania, via the sale of 13.7 million shares in an accelerat...
Fidelis, 17th Edition: Romanians Can Buy Govt Bonds In June 18-28 Period
Starting June 18 until June 28, retail investors can subscribe Fidelis government bonds at interest rates of 7% for lei and 5% for euro in a new issue carried out by the Finance Ministry.
Nuclearelectrica Wants to Grant Loan of Up to RON814M to EnergoNuclear Subsidiary for Cernavoda 3 and 4 Reactor Investments
State-owned Nuclearelectrica, Romania’s sole nuclear power producer, is convening shareholders to approve among others the amendment of the 2024 budget and the granting of a loan of as much...