Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
Sphera Franchise Group Secures Hard Rock Cafe Franchising Rights for Romania and Republic of Moldova
Sphera Franchise Group, the company that operates KFC, Pizza Hut and Taco Bell brands in Romania, is expanding its portfolio by taking over Hard Rock Cafe franchising rights for Romania and...
Microfruits Buys 86% in Armatura in Unexpected Deal
Microfruits, controlled by entrepreneur Adrian Racovita, has bought the majority stake of 86% in Cluj-based faucet producer Armatura, in a deal valued at RON5.5 million.
Turism Felix Affiliates Hotels to Accor’s ibis Styles Brand
Turism Felix, the company managing the main hotels in Baile Felix resort, has sealed a franchise contract with French group Accor for affiliation to ibis Styles brand.
Romcarbon Sells Iasi Land and Buildings in RON9.3M Deal
Plastic packaging producer Romcarbon Buzau announced it sold the land plot and buildings it owned in Iasi to Siraj Bucium SRL, a company owned by Iasi entrepreneur Giani Canschi.
Erste and BRD Ready Cris-Tim Listing on the Bourse
Cris-Tim Family Holding, one of Romania’s biggest entrepreneurial players, is readying to get listed on the capital market, in a public offering handled by Erste Group and BRD – Groupe Socié...
Fondul Proprietatea Gets Financial Watchdog Nod for 80 Million Share Buy-Back Offer
Fondul Proprietatea (FP) has got the greenlight from the Financial Supervisory Authority of Romania for a public share buy-back offer via which it intends to buy 80 million own shares, accou...
Finance Ministry, Biggest Individual Stakeholder in Fondul Proprietatea, Requests Resumption of Selection Process for Fund Manager
The Romanian Finance Ministry, which holds around 13% in Fondul Proprietatea, has officially filed a request to add new items on the agenda of the Ordinary General Shareholders Meeting (“OGS...
Celco Constanta Takes Over Prefab Bucuresti in RON65M Deal
Building materials Prefab Bucuresti has changed its majority shareholding structure in a RON65 million deal in which Celco SA of Constanta, controlled by businesspeople Niculae and Ion Dusu,...
The Bucharest Stock Exchange Wants to Participate in Setting Up of New Stock Exchange in Chisinau
The Bucharest Stock Exchange (BVB) has announced its intention to contribute EUR400,000 to the founding of a new stock exchange in the Republic of Moldova, in a project coordinated with the...
Sphera Franchise Group Rakes In RON745M Sales in H1/2025
Sphera Franchise Group, the company that manages KFC, Pizza Hut and Taco Bell restaurants in Romania, reported RON745.2 million consolidated sales in the first six months of 2025, up 0.7% fr...
Antibiotice Iasi H1/2025 Net Profit Down 20% YOY To RON59M
Generic drug manufacturer Antibiotice Iasi, controlled by the Romanian state via the Health Ministry, ended the first six months of 2025 with RON59 million net profit, down 20% from the year...
Nuclearelectrica Reports RON2.7B Revenues, RON867M Net Profit for H1/2025
State-owned Nuclearelectrica, Romania’s sole nuclear power producer, in the first half of 2025 generated RON2.7 billion revenues, up 30% from the year-earlier period. Net profit rose 3% to R...