Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.081
CBRE: Real Estate Deals Total EUR323M in Romania in 1H/2022, Up 6% from 1H/2021
Real estate deals sealed on the Romanian market hit EUR323 million in the first half of this year, up 6% from the year-earlier period, with 14 contracts of an average EUR23 million value bei...
Colliers: Housing Market Heads Toward Record High Deliveries in 2022, Too
Romania’s housing market is heading toward a new record in terms of deliveries in 2022 as well, in a context dominated by rising prices of building materials and implicitly of apartments, as...
BRD 1H/2022 Total Net Banking Income Hits RON1.6B, Up 9% Vs 1H/2021
BRD for the first half of this year reported total net banking income of RON1.6 billion, up 9%, and operating expenses of RON806 million, 5.1% above the 1H/2021 level.
Banca Comerciala Romana Net Profit Up 51% YoY To RON1.04B In 1H/2022
Lender Banca Comerciala Romana (BCR) in the first half of this year posted net profit worth RON1.04 billion (EUR210.7 million), up 50.9% from the RON690.8 million (EUR140.9 million) reported...
Electromontaj Takes Over Electrotehnica, Romania’s Oldest Maker of Electrical Equipment
Electromontaj, which specializes in constructions for energy projects, has completed the takeover of the majority 82,68% stake in Electrotehnica Echipamente Electrice, Romania’s oldest produ...
Golden Foods Snacks Contracts Two Credit Facilities from CEC Bank Totally Worth RON9.5M for Current Activities and Investments
Golden Foods Snacks, which owns the ELMAS brand of seeds, nuts and dehydrated fruits, has contracted two credit facilities from CEC Bank, totally worth RON9.5 million via IMM Prod program.
BlackCab Plans to Expand to Further Cities of Romania
BlackCab, a provider of alternative transport services in Bucharest, Timisoara, Cluj and Constanta, plans to expand its services to other cities of Romania.
Group of Romanian and English Investors Set to Invest EUR50,000 Via Growceanu Platform in British Firm T-DAB.AI to Develop AI Platform
A group of Romanian and English investors is set to invest EUR50,000 via BA platform Growceanu in T-DAB.AI, a Deep Tech British company, in a EUR600,000 round.
Deloitte Romania Teams Up with Creatio to Provide Automation Solutions for SMEs, Large Companies and Corporations
Deloitte Romania will provide automation solutions for SMEs, large companies and corporations operating in fields such as financial services, production, retail, pharma, telecoms, transport...
Symmetrica 1H 2022 Turnover Up 20% Vs Year-Earlier Period
Suceava-based paving stone manufacturer Symmetrica reported 20% higher turnover for the first half of 2022, as prices of raw materials went up by as much as 30%.
One United Starts Selling Apartments Part of One Lake Club Phase 2
Real estate developer One United Properties has started selling apartments part of One Lake Club Phase 2 compound, a project with a gross development value of EUR35.3 million.
The 15 Players on Romania’s Packaging Transfer Market Rake In RON824M Turnover in 2021
The 15 players on Romania’s packaging transfer market, namely the organizations in charge of collecting and recycling all types of packaging (OIREP), ended 2021 with overall turnover of RON8...