Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.081
One United Properties Buys Eliade Tower Office Building for EUR9.5M
Real estate developer One United Properties has completed the acquisition of a new office building, Eliade Tower, previously owned by Eurobank, for EUR9.5 million.
MedLife Takes Over 51% of Provita Group
MedLife, leader of Romania’s private healthcare market, controlled by Marcu family, has signed an agreement to take over 51% in Provita group stock.
STC Partners Gets Construction Permit for Bucharest’s Housing Compound Quartier Azuga
Real estate developer STC Partners in September 2022 got the construction permit for both phases of housing compound Quartier Azuga, located in Doamna Ghica area of Bucharest, and will start...
Restart Energy One Ends 1H/2022 with RON110M Turnover, Up 73%
Restart Energy One, an independent electricity and gas supplier, ended the first half of 2022 with RON110 million turnover, up 73%, while net profit rose to RON6.7 million, from RON3 million...
Elefant Group Reports RON95.3M Turnover in 1H/2022, Down 11%, RON12M Losses
Elefant group, which manages Elefant Online platform, in the first half of this year reported turnover worth RON95.3 million, down 11% from the year-earlier period, and RON12 million losses,...
France’s Alten Buys Local IT Firm Qualitance
French group Alten, specialized in consulting and tech services, has sealed an agreement to acquire IT company Qualitance, set up 15 years ago by Radu Constantinescu and Ioan Iacob.
Purcari Wineries Takes Over Majority Stake in Bulgaria’s Angel’s Estate Winery
Wine maker Purcari Wineries has signed an agreement to purchase the majority stake, of 76%, in Bulgaria’s Angel’s Estate winery.
Agista Buys Additional Stock in Bittnet, Reaches Almost 7% Stake
Agista, a Romanian investment fund under authorization, has acquired additional shares in IT group Bittnet, listed on the Bucharest Stock Exchange, reaching a stake of almost 7%.
Romania’s Heated Tobacco Product Exports Top Cigarette Exports in 2021
Romania’s exports of heated tobacco products in 2021 reached RON723 million, overshooting cigarette exports, which totaled RON617 million, but locally cigarettes still dominate in the prefer...
FTSE Global Equity Upgrades One United Properties Shares from Small Cap to Mid-Cap Category
One United Properties shares were upgraded on September 19 within the FTSE Global Equity Index Series for Emerging Europe, moving from the small cap to mid-cap category.
Romanian Shipyard Santierul Naval 2 Mai Posts RON1.3M Turnover in 1H/2022, Down 25% from Year-Earlier Period
Santierul Naval 2 Mai SA, owned by the Romanian state and which controls together with Netherland’s Damen Shipyard the Mangalia shipyard, in the first six months of this year reached turnove...
One United Properties Wants to Borrow EUR25M from Banca Transilvania to Fund and Refinance One Cotroceni Park
Real state developer One United Properties wants to contract a EUR25 million credit facility from Banca Transilvania to finance and refinance One Cotroceni Park, a mixed-use real estate proj...