Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.083
ROCA Industry OKs Issue of over 14 Million New Shares in RON140.7M Private Placement in 2nd Stage of Capital Raise
ROCA Industry, a building materials holding majority held by ROCA Investments, has approved the issue of more than 14 new shares within a private placement totally worth RON140.7 million, in...
Colliers: 2024 Likely to Be Good Year for Land Purchases
The volume of deals with land plots for commercial real estate projects (industrial one and for and traditional warehouses) dropped by less than 10% from the 2022 level of EUR450 million and...
Private Equity Fund PAG Buys Food Union Europe, Becomes Majority Stakeholder in Romania’s Ice Cream Producer Alpin
Alternative investment fund PAG Private Equity, focused on the Asia-Pacific area, has taken over the majority stake in Food Union Europe, a Lithuanian-held company that also owns Romanian ic...
UniCredit Bank Grants EUR39.3M Funding to Developer of Sarmasag Solar Park
UniCredit Bank Romania has granted a EUR39.3 million loan to Comcris Energy SRL, a subsidiary of Vienna-based renewable energy generation company Energy, with the funds being destined to the...
CEC Bank Grants EUR8M Funding for 2nd Stage of Fashion House Outlet Pallady Project
CEC Bank has granted a EUR8 million loan to Cerinvest Imobiliare SRL, the developer of shopping center Fashion House Outlet Pallady.
Three-Month ROBOR Ends 2023 at 6.22%, 17% Below Early Year Level
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for RON-denominated...
Park Properties Buys Two Land Plots on Pipera and Balotesti Lake Shores for New Housing Compounds
Park Properties, the developer of SunLake Residence compound located on the shores of Fundeni lake of Bucharest, has acquired two land plots on the shores of Pipera and Balotesti lakes for n...
One United Properties Completes Acquisition of Former Ford Plant
Real estate developer One United Properties has finalized the acquisition of former Ford plant, a historic landmark that will be turned into a commercial development, One Gallery, with the d...
Electrica Extends CEO Mandate of Alexandru Chirita Again, Until January 31
Electricity supplier and distributor Electrica has announced that the mandate of Chief Executive Officer of Alexandru-Aurelian Chirita was extended until January 31.
EY: Romania IPO Market Continues to Grow Despite Challenging Global Environment for Stock Listings
Romania’s IPO market continues to grow despite a challenging global environment for stock listings and the outlooks remain upbeat, after in 2023 the market capitalization of companies listed...
Finland’s Nokian Tyres Steps Up Hiring for Future Oradea Plant
Finnish company Nokian Tyres, a major player on the global tire market, is stepping up hiring for the future plant of Oradea, having 350 jobs available for 2024 for managers, as well as prod...
Law Firm PeliPartners Assisted Hidroelectrica in UCM Resita Acquisition
Law firm PeliPartners has assisted Hidroelectrica in the process of buying the business lines linked to ABC and Calnicel platforms owned by UCM Resita, Romania’s oldest industrial unit.