Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.083
Colliers: Number of Romanian Tourists Choosing Local Destinations in 2023 Nears Record High; Foreign Visitors Still around 25% Below Pre-Pandemic Level
The hotel sector continued its rebound in 2023, with a sustained increase in leisure tourism, with the number of Romanian tourists accommodated in local hotel structures nearing 7 million, v...
Speedwell Starts Construction of 2nd Building of Timisoara Mixed-Use Project PALTIM
Real estate developer Speedwell, founded by Didier Balcaen and architect Jan Demeyere, has started construction works for the second residential building part of the urban regeneration mixed...
Chimcomplex Borzesti Set to Reward Employees, Managers, Administrators and Affiliated Legal Entities with Free Stock
Chemical compound Chimcomplex Borzesti will carry out a Stock Option type program via which it will offer free stock to employees, managers, administrators and other affiliated legal entitie...
SIFI Cluj Retail SA Bucharest Signs Agreement to Sell All Portfolio Assets for EUR24.3M
SIFI Cluj Retail SA Bucuresti, a company in which Cyprus-registered SIF Imobiliare fund owns 96.3%, announced the signing of an agreement for the sale of all the real estate and fixed assets...
The Six Entrepreneurial Companies Part of Morphosis Capital Fund I End 2023 with EUR100M Combined Turnover, Up 49%
The six entrepreneurial companies part of Morphosis Capital Fund I portfolio in 2023 ended the year with overall turnover worth EUR100 million, up 49% from 2022.
Symmetrica Reports over 20% Turnover Growth in 2023
Suceava-based paving store manufacturer Symmetrica owned by Stanciu family registered an over 20% turnover increase in 2023, to RON260 million, supported by the company’s expansion strategy...
Safetech Innovations Opens Subsidiary in Kingdom of Saudi Arabia
Safetech Innovations, a Romanian cybersecurity company listed on the Bucharest Stock Exchange, with offices in Bucharest, London and Abu Dhabi, has announced the setting up of a subsidiary i...
Deloitte: Romania Companies Expect Economic Indicator Improvement, Remain Cautious amid High Uncertainty
Companies in Romania expect an improvement in macroeconomic indicators such as GDP, inflation and unemployment, but seem to maintain a cautious approach amid the high uncertainty degree, rev...
Trans Sped Continues International Expansion
Trans Sped, a Romanian provider of qualified signatures, has sealed a partnership with Poland’s Autenti to offer its users various types of digital certificates, signing solutions, document...
Electrica Wants Shareholders’ OK to Distribute Dividends with 1% Yield from 2023 Profit and Raise EUR300M Via Bonds
Electricity supplier and distributor Electrica is convening its shareholders on April 24, 2024 to vote among others on the distribution of RON40 million from 2023 profit under the form of di...
Colliers: Bucharest Boasts 15-Year High in Apartment Sales in December 2023
Romania remains the European country with the highest number of house and apartment owners, in line with official statistics, and Bucharest in December registered the biggest apartment sales...
Accor Expands Romania Portfolio
French group Accor is expanding its Romania portfolio and has signed a franchise agreement with Paradis Hotels & Resorts, a company owned by Aurelian Marin, to turn Dana Holiday Club of Venu...