Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.081
Britain’s First Property Sells Tureni Logistic Warehouse
Britain’s investment and real estate management fund First Property Group has completed the sale of Tureni Logistic Warehouse located near Cluj Napoca, with a total area of around 8,300 squa...
Idea Bank Ends 1H/2022 with RON71M Operating Revenues, Up 11%, and RON14M Operating Income, Down 27% from 1H/2021
Idea Bank, taken over by Banca Transilvania in 2021, in the first six months of this year posted operating revenues worth RON71 million, up 11%, and RON14 million operating income, down 27%...
Purcari Wineries Hits RON124M Revenues, Up 16%, RON20.8M Net Profit, 2% Higher in 1H/2022 Vs 1H.2021
Wine maker Purcari Wineries in the first half of this year generated RON124 million revenues, up 16%, and net profit of RON20.8 million, 2% above the level of the year-earlier period.
Bittnet Group Ends 1H/2022 with RON70M Consolidated Revenues, RON557,529 Losses
Bittnet, a group of IT companies listed on the Bucharest Stock Exchange, reported RON70 million consolidated revenues for the first six months of this year, up 45% from the year-earlier peri...
INS: Romanian Execs Expect Steep Price Hikes in Constructions and Trade in Next 3 Months
Romanian business managers for August-October expect moderate growth of retail activities and steep price increases in constructions and trade, in line with a survey by the country’s statist...
Carbochim Turnover Rises 3.5% to RON18.6M, Net Profit Drops 27% to RON753,742 in 1H/2022
Industrial abrasives manufacturer Carbochim Cluj-Napoca, indirectly controlled by businessman Iulian Dascalu, in the first half of this year registered RON18.6 million turnover, up 3.5%, and...
Banca Transilvania 1H/2022 Net Consolidated Profit Hits RON1.04B, Up 3% from 1H/2021
Banca Transilvania financial group ended the first half of this year with net consolidated profit of RON1.046 billion, 3% higher than in the same period of 2021, with the bank’s profit stand...
MedLife Ends 1H/2022 with RON860M Consolidated Turnover, Up 27%, and RON45.6M Net Profit, Down 36% from 1H/2021
MedLife, the leader of Romania’s healthcare market, in the first half of this year recorded consolidated turnover worth RON860 million, up 27% from 1H/2021, on the organic growth of business...
Bank of Cyprus Completes Sale of EUR147M Portfolio of Romanian Outstanding Loans and Repossessed Properties
Bank of Cyprus has completed the sale of a portfolio of NPLs and repossessed properties of Romania totally worth around EUR147 million to an entity part of APS group.
Optical Retailer Lensa 1H/2022 Turnover Soars around 70% vs 1H/2021 To RON58M
Optical stores Lensa in the first six months of 2022 posted sales of RON58 million (EUR11.7 million), including the online platform, up 68% from RON34 million (EUR6.9 million) in the same pe...
Romaero Bucuresti Resubmits Proposal for Real Estate Asset Sale and Share Capital Hike to Shareholders
Romanian aircraft parts maker Romaero (RORX.RO), a strategic company for Romania’s aerospace and defense industry, wants to sell part of owned real estate assets and hike its capital by a ma...
Packaging Maker Promateris Ends 1H/2022 with RON87.7M Turnover, Up 3.5% Vs 1H/2021
Promateris (BVB: PPL), a Romanian industrial group and leader in the CEE in the production of low carbon footprint packaging, reported consolidated turnover of EUR18 million for the first si...