Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.083
Lidl Plans to Open 25 Units in Romania by Yearend
Lidl opened 12 new stores in January and February 2025, with the network thus reaching 377 units.
Autonom Group Becomes Eazy Asigurari Stakeholder
Autonom Group, the leading independent player in the Romanian operating lease and rent-a-car markets founded by brothers Marius and Dan Stefan, has entered the shareholding structure of Eazy...
Electrica Set to Issue EUR500M Worth of Green Bonds in July To Fund Green Transition Projects
Electrica, a major player on Romania’s electricity distribution and supply market, will carry out a green bond issue in July, worth EUR500 million, with the funds due to be invested in green...
Apa Nova Announces EUR40.5M Investment Budget For 2025
Apa Nova Bucuresti, part of Veolia group, has announced an investment budget of around EUR40.5 million for 2025 to overhaul Bucharest water and sewage infrastructure.
Flanco Opens Three New Smart Discounter Stores
Computer and electronics retailer Flanco in the first three months of 2025 opened three new Smart Discounter stores, in Arad, Ramnicu Sarat and Giurgiu, reaching 19 such units.
Colliers: Romania Hotel Market Hits New Peak in 2024
Romania’s hotel market is undergoing a period of fast growth, reaching a 30-year high of over 25 overnight stays in 2024, supported by a rising number of foreign tourists and high demand for...
Britain’s Laser Detection and Protection System Maker Sentinel Photonics Chooses Romania StarC4SYS as Official Sales Partner
British manufacturer of laser detection and protection systems Sentinel Photonics is expanding on the East European defense and security market via an agreement with Romanian company StarC4S...
Transelectrica Hits RON597M Net Profit in 2024, Up 180% YOY
Romania’s national grid company Transelectrica in 2024 registered RON597 million net profit, up 180%, and RON7.8 billion operating income, 67% higher than in 2023.
BCR Group Rakes in RON2.76B Net Profit in 2024, Up 19.2% YOY
BCR group in 2024 generated net profit of RON2.76 billion (EUR556 million), up 19.2%, and operating income of RON6.09 billion (EUR1.22 billion), 15.6% above the 2023 level, driven by improve...
Sphera Group Ends 2024 with over RON1.5B Sales, Up 5.4% YOY, RON97.2M Net Profit, 22% above 2023 Level
Sphera Franchise Group, the biggest food service group in Romania, ended 2024 with sales of above RON1.5 billion, up 5.4%, and RON97.2 million, 22% above the 2023 level.
Tissue Paper Maker MG Tec Industry Borrows EUR7.5M from Garanti BBVA for Business Development
Garanti BBVA granted a EUR7.5 million loan to Dej-based MG Tec Industry SRL, the leading Romanian producer of tissue paper.
iBanFirst Bucharest Office Processed EUR1.4B Worth of International Payments in 2024, Up 72% YOY
iBanFirst’s Bucharest office last year processed a volume of EUR1.4 billion in international payments, thus marking a 72% revenue increase.