Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.082
Flanco 1H/2023 Sales Up 30% To RON600M
Electronics retailer Flanco ended the first half of 2023 with RON600 million sales, up 30% from the year-earlier period.
Beer Sales in Romania Down 9% in Jan-May 2023
Beer sales in Romania in the first five months of 2023 slid by 9% from the year-earlier period, maintaining the 2022 downward trend, at a faster pace, in line with data provided by the Roman...
INS: Romania’s Total Average Income/Household at RON6,979: Average Expenditure/Household at RON5,971 in 1Q/2023
Total average income per household in Romania rose by 12.1% in the first quarter of 2023 vs the same period of last year, to RON6,979/month, namely RON2,797 per person, up 13%, in line with...
Statistics Board Upwardly Revises Romania’s 1Q/2023 GDP Growth
Romania’s statistics board INS upwardly reviewed the country’s economic growth for the first quarter of 2023 against the fourth quarter of 2022, to 0.2%, from 0.1% in June, but also against...
EY: Romania M&A Market Registers 132 Deals in 1H/2023, with $3.7B Total Estimated Value
Romania’s M&A market registered 132 deals in the first half of this year, with a total estimated value of $3.7 billion, slightly up in terms of number, from 131 deals in 1H/2022, but down 11...
Law Firm Filip & Company Assisted Fondul Proprietatea in Hidroelectrica IPO
Law firm Filip & Company assisted Fondul Proprietatea in the sale of its stake within Hidroelectrica IPO totally worth RON9.3 billion.
Entrepreneur Ionut Nicolescu Set to Invest EUR12M in 47-Villa Compound near Brasov
Real estate developer Grand Development, founded by Ionut Nicolescu, is set to invest EUR12 million in Montebello Transylvania Resort development, a 47-villa compound located near Brasov.
Romania Ranks Last in EU in Packaging Waste Recycling
Romania ranks last in the EU when it comes to packaging waste recycling, with the percentage dropping in 2020 to 39%, almost 5% less than in 2019, in line with the latest European statistica...
Former Odeon Theatre of Galati Put Up for Sale for EUR690,000
The building of former Odeon theatre of Galati, an iconic building of the city, has been put up for sale at the price of EUR690,000, with the auction being organized by Romania Sotheby’s Int...
Sameday Ends 1Q/2023 with 11% Turnover Growth
Delivery service company Sameday ended the first quarter of 2023 with an 11% turnover increase after revenues went up by 23% in 2022 to RON736 million.
NBR Survey: Banks Tightened Lending Standards in 1Q/2023
Romania lending institutions in the first quarter of 2023 tightened lending standards for all loan categories amid expectations about the overall economic situation, monetary or macroprudent...
SeedBlink Expands Foothold in Germany, Austria, Switzerland
SeedBlink platform is expanding its presence in Germany, Austria and Switzerland, where it wants to invest over EUR1.5 million in 2023 in eight startups and twice as much in 2024.