Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Israel’s Nofar Energy Gets EUR122M From EBRD And Raiffeisen International To Fund Two PV Parks In Romania
Israel’s Nofar Energy, one of the leading renewable energy investors in Romania, has signed a loan facility agreement and a VAT facility agreement totaling EUR122 million with the European B...
HELL Energy Posts Higher Revenue, Lower Profit In 2023
HELL Energy, one of the biggest players in the energy drinks market, posted RON358.3 million (EUR72.4 million) revenue in 2023, up 12.4% from the RON318.7 million (EUR64.6 million) of 2022,...
Banca Transilvania Sees 42% Rise In Net Profit To RON1.8B In H1 2024
Banca Transilvania (TLV.RO), the largest lender in Romania, ended the first half of 2024 with a consolidated net profit of RON2.1 billion, up from the RON1.59 billion in the first half of 20...
WebPros Group By Socialbee, Developer Of An AI Platform For Social Media
Cluj-Napoca-based start-up SocialBee, which developed an AI platform for managing social media accounts, has been acquired by Luxembourg’s WebPros Group, a player specialized in providing we...
TAROM Explains Why The Sale Of Its Heathrow Slots
TAROM continues implementation of its restructuring plan and one of the goals is the sale of the take-off and landing slots on the Heathrow Airport in London to Qatar Airways, a step necessa...
Romania’s Central Bank Expects Inflation To Drop To 4% In December 2024 And 3.4% At End Of 2025
Romania’s central bank expects the inflation to go down to 4% in December 2024 and 3.4% in the last month of 2025, a better outlook than in the previous forecast, particularly for the end of...
Helbako Electronica Sees Revenue Up 27%, Net Profit Up 31% In 2023
Helbako Electronica, the local subsidiary of Germany's Helbako GmbH, posted RON223.6 million (EUR45.2 million) revenue in 2023, up 27% from the previous year’s about RON176 million (EUR35.6...
Metropolitan Life Pensii Private Bought 35% Of MedLife Shares Traded On Bucharest Stock Exchange In June
One Pillar II pension fund, Metropolitan Life Pensii Private, bought 35% of the MedLife (M.RO) shares traded on the Bucharest Stock Exchange in June 2024, data aggregated by ZF show.
Finance Ministry Raises RON682M From Banks On August 19
Romania's Finance Ministry raised RON682 million from banks on Monday (August 19), selling government paper at an annual average yield of 6.55%.
Sipex Company Ends H1 With RON158M Revenue, Up 9%
Sipex Company (SPX.RO), a distributor of construction supplies, with 27 years in business, on Monday announced having ended the first half of 2024 with RON158 million revenue, an increase of...
European Commission Approves Romania’s EUR99.5M State Aid For New Nokian Tyres Plant In Oradea
The European Commission has approved, in line with the EU regulations on state aid, the EUR99.5 million state aid for Nokian Tyres in Romania.
Briza Marii, Eforie Nord: 2024 Season Similar To 2023’s
The MirageMedSpa and MirageBeach Spa hotels in Eforie Nord, controlled by the Briza Marii Negre company, operated at 85% occupancy rate in July, which their officials estimate will reach 90%...