Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.081
Andersen Global Expands to Europe via Collaboration with Romania’s CMF Consulting
Andersen Global, an international association of independent consultancies, founded in 2013 in the US, is expanding its activities in Europe via a collaboration agreement with CMF Consulting...
One United Properties Gets EUR20M Loan from Banca Transilvania to Fund Completion of One Cotroceni Park Apartments
One United Properties, the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, has concluded a EUR20 million financing agreement...
Three-Month ROBOR Ends March 6-10 Week at 6.91% A Year
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, continued to slide and ended th...
Italy’s Enel Seals Contract for Sale of Romanian Assets to Greece’s Public Power Corporation for EUR1.26B
Italy’s group Enel has announced it signed a contract with Greek-owned Public Power Corporation (PPC) for the sale of Romania assets, with the value of the deal standing at EUR1.26 billion.
Law Firm Bancila, Diaconu si Asociatii SPRL Assisted Oprea Avi Com in Sealing Joint Venture with Hungary’s Hodler Capital
Romanian poultry producer Oprea Avi Com was assisted by law firm Bancila, Diaconu and Asociatii SPRL in setting up a joint venture with Hungarian-held group Hodler Capital.
Simtel Team Set to Control 49% in Custom Soft Solution
Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, will buy 29% in the capital of Custom Soft Solution (CSS), a startup dev...
Arctic Stream 2022 Revenues Up 59% To RON82M, Net Profit Climbs 54% To RON6.75M
Arctic Stream, an integrator of IT infrastructure and security, in 2022 posted RON82 million revenues, up 59%, and net profit worth RON6.75 million, 54% higher on the year.
Zentiva SA Ends 2022 with RON753M Turnover, Up 10%, RON89M Net Profit, Down 15% from 2021
Pharmaceutical company in 2022 generated RON753 million turnover, up 10%, and RON89 million net profit, 15% lower than in 2021.
Impact Developer&Contractor Posts RON210M Consolidated Revenues, RON99M Net Profit in 2022
Real estate developer Impact Developer&Contractor in 2022 registered consolidated revenues worth RON210 million from the sale of 275 housing units and RON99 million net profit, up 26% on the...
Patria Bank Doubles Net Profit in 2022 To RON20.2M
Patria Bank, a lending institution owned by investment fund Emerging Europe Accession Fund (EEAF) ended 2022 with RON20.2 million net profit, from RON9.4 million in 2021.
MedLife 2022 Consolidated Turnover Up 26% To RON1.8B, Net Profit Down, To RON44.3M
MedLife, leader of Romania’s private healthcare market, for 2022 reported consolidated turnover worth RON1.8 billion, up 26%, and RON44.3 million net profit, down by RON68 million from 2021.
Colliers: Number of Housing Units Sold in Bucharest in 2022 Up 11% from 2021
The number of housing units sold in Bucharest last year rose by 11% in 2022 from 2021, but the falling affordability and the restrictive interest rates whetted Romanians’ appetite for rents,...