Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.083
Energy Group CEZ Changes Name to EVRYO on Romanian Market
Power group CEZ, present in Romania for 19 years, is changing its name on the local market to EVRYO.
Aquila Budgets almost EUR17M Investments for 2024
Aquila Part Prod, the market leader in the field of integrated distribution and logistics services for consumer goods, in Romania and the Republic of Moldova, has budgeted EUR16.9 million in...
Libra Internet Bank Rakes in Record High RON317M Net Profit in 2023, Up 33% YOY
Libra Internet Bank in 2023 registered RON317.2 million net profit, up around 33% from 2022, while the bank’s assets rose by 14% to RON11.1 billion.
Cushman & Wakefield Echinox: Modern Office Stock in Main Regional Cities Tops 1 Million Sqms
Real estate developers in 2023 completed office space projects totaling 83,000 square meters in Romania’s main regional cities, Cluj-Napoca, Timisoara, Iasi and Brasov and the modern stock c...
E&Y: Romania M&A Market Inches Up in Q1/2024 vs Q1/2023, Posts 63 Deals
Romania’s M&A market in the first quarter of this year registered 63 deals, a frail increase from the 61 deals posted during the same period of 2023, showing however stepped-up activity comp...
IBB Holding Group Opens Concrete Station in Mogosoaia in Wake of RON7.5M Investment
Builder IBB Holding Group, founded by Craciunescu family in Ilfov county, has opened a concrete station in Mogosoaia, northern Bucharest, in the wake of a RON7.5 million investment.
Sierra Quadrant: Strong Demand Contraction Pushes Companies to Restructure. Number of Struggling Companies Likely to Top 150,000 in 2024
The quite gloomy economic outlooks at European level have raised the alarm level in the Romanian economy as well and part of large companies, particularly those with export operations, have...
Moody’s Estimates Romania 2024 Economic Growth at 3%, Expects Fiscal Gap of 5.7% of GDP, Marginally Improved vs 2023
Rating agency Moody’s estimates Romania economy will grow by 3% in 2024 and 3.5% in 2025, supported by consumption, but also by public and private investment, while the government will furth...
Danone Romania Completes EUR7M Investment to Support Zimnicea Small Farmers Delivering Milk to Bucharest Yoghurt Plant
Danone Romania, leader of the yoghurt market, has finalized, together with its partners, a EUR7 million investment meant to support small farmers of Zimnicea, who deliver the milk they produ...
Fortim Trusted Advisors: Companies Leased Fewer Office Spaces Outside Bucharest in 2023
Companies in 2023 leased fewer office spaces outside Bucharest, with regional hubs generating just 18% of Bucharest volumes, as part of major deals underway were postponed to 2024, reveals a...
Antibiotice Iasi Commissions 2.5 MW Photovoltaic Plant
Pharma manufacturer Antibiotice Iasi has commissioned a 2.5 MW photovoltaic plant, with total investments in the project amounting to RON11.8 million, of which RON4.07 million were granted b...
Fuel Wholesaler JT Grup Oil Completes Infrastructure Works for Future Oil Product Terminal, a EUR25M Project
JT Grup Oil, a fuel wholesaler of Constanta controlled by businessman Jean Paul Tucan, has finalized the first stage for the development of an oil product terminal, a EUR25 million project f...