Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.083
NEPI Rockcastle Gets 12.7% Uplift in Net Operating Income in Q1/2024, Has Plans to Invest EUR650M in CEE
Real estate developer NEPI Rockcastle, the largest owner and manager of shopping centers in CEE, registered a 12.7% increase in net operating income in the first quarter of 2024 against Q1/2...
C&W Echinox: Bucharest Office Market Expanded Further in Q1/2024
Bucharest office market continued to grow in the first quarter of this year in terms of demand both as regards traded volumes, as well as the average deal level, amid an extremely limited su...
Purcari Wineries Rakes in RON81.6M Revenues in Q1/2024, Up 11%, Net Profit Drops 15% To RON10.8M
Wine maker Purcari Wineries in the first three months 2024 generated RON81.6 million revenues, up 11%, while net profit shrank by 15% to RON10.8 million amid a high base of the same period o...
Transgaz Q1/2024 Net Profit Doubles To RON262M from Q1/2023
Romania’s state-run natural gas transmission company Transgaz in the first quarter of 2024 posted consolidated operating revenue from the balancing and construction activity, according to IF...
Frames: Romania Has Opportunity to Become True Logistic Hub
Romania stands all chances to become a genuine regional hub in the field of logistics, production and cross-border services, reveals an analysis of consulting firm Frames.
Garanti BBVA Romania 2023 Net Profit Down 7%, To RON177M
Garanti BBVA Romania, part of Garanti BBVA Turkey, in 2023 posted net profit worth RON177 million, down 7% from 2022, and RON521 million operating revenues.
CreditAmanet Invests over EUR2.5M in Rebranding, Becomes MAGNOR
CreditAmanet, a Romanian-held provider of pawnbroking and money exchange services, has invested over EUR2.5 million in a rebranding process and is changing its name to MAGNOR.
APS and EBRD Buy EUR400M Worth of NPLs in Romania from Piraeus Bank
The European Bank for Reconstruction and Development (EBRD) and APS, a leading non-performing loan (NPL) management firm in Europe, are jointly investing in a funded participation concerning...
One United Properties Ends Q1/2024 with RON419M Turnover, Down 5%, RON157.3M Net Profit, Up 4% from Q1/2023
Real estate developer One United Properties ended the first quarter of 2024 with RON419 million consolidated turnover, down 5% from Q1/2023, while net profit climbed 4% to RON157.3 million.
Safetech Innovations Reports RON11.7M Turnover in Q1/2024, Up 95%, RON2.7M Net Profit, Double Q1/2023 Level
Cybersecurity company Safetech Innovation reported turnover worth RON11.7 million at individual level for the first quarter of 2024, up 95% from the year-earlier period.
Mandatory Private Pension Funds In Romania Register 7.8% Average Yield Per Annum in Past 16 Years
Mandatory private pension funds (Pillar II) have in the past 16 years, since their launch in 2008, registered an average yield of 7.8% per annum, among the highest in Europe and OECD during...
Hagag Development Buys Obor Est Residence Housing Project
Real estate developer Hagag Development Europe, controlled by businessman Yitzhak Hagag, has acquired housing project Obor Est Residence, located in eastern Bucharest, on the platform of for...