Editor
Roxana Dumitru Rosu - Mediafax
- Fields
- Companies, Real Estate, Banks-Insurance
- Writing for ZF since
- 2021
- Articles
- 1.081
Carol Davila University of Medicine and Pharmacy Buys Office Building In Bucharest To Set Up Medical Simulation Center
The Carol Davila University of Medicine and Pharmacy in Bucharest has bought an office building on Thomas Masaryk Street, owned by MAD Planning & Projects, where it will set up a medical sim...
Romania’s Beer Market Shrinks 10% in First Four Months of 2022
Romania’s beer market suffered a 10% decline in the first four months of 2022 from the year-earlier period after, at the level of Europe, sales in bars and restaurants dropped by 35% in 2021...
European Commission Ends Investigation into Romania’s Aid to Oltchim
The European Commission closed the investigation started in 2018 with relation to the Romania’s EUR335 million aid to Oltchim, as the petrochemical company was declared insolvent in 2019 and...
Restaurant Chain Spartan Takes Over 5 Taksim Units in Bucharest for EUR1M, Negotiates Takeover of Other 3
Spartan, the restaurant chain founded by businessman Stefan Mandachi, sealed an agreement to take over five of Taksim units of Bucharest, for EUR1 million, and is in advanced talks to also b...
CBRE: Industrial Space Demand Remains High in 2022
Industrial space demand remains high in 2022, particularly in the western and central areas of Romania, with developers having 500,000 square meters under construction, and 44% of the area i...
Three-Month ROBOR Ends June 13-17 Week At 6.17% Threshold
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, was flat on Friday and ended th...
GroupM: Romania’s Advertising Market Likely to Grow by 7.4% in 2022
Romania’s advertising market is likely to expand by 7.4% in 2022, being further dominated by TV, which attracts 56% of investments, reveals an analysis by GroupM.
Portland Trust Completes Sale of Expo Business Park to Austria’s S Immo
Portland Trust, the investment fund having ARES Management and Bluehouse as equity partners, has finalized the sale of Expo Business Park compound, of Bucharest’s Expozitiei area, to Austria...
Bittnet Systems Sells 11.9% of Dendrio Solutions to Agista Investments for RON7.49M
Bittnet Systems (BNET.RO), an IT&C solutions integrator and provider of training services in the IT sector, sold 11.9% in the capital of Dendrio Solutions to investment fund Agista Investmen...
Softbinator Technologies Takes Over Espresoh Tech of Timisoara for $600,000
Softbinator Technologies, a Romanian software company founded by Daniel Ilinca, is taking over Timisoara-based Espresoh Tech in a bid to expand its client portfolio, particularly on the US m...
Campus Media 2021 Turnover Up 12% to RON81.3M YOY
Campus Media, the company that operates television channel Digi TV, controlled by DIGI group, reported turnover worth RON81.3 million (EUR16.4 million) in 2021, up 12% from 2020, in line wit...
MAM Bricolaj Hits RON14M Turnover in 1Q/2022, Up 16.2% vs 1Q/2021
MAM Bricolaj, a furniture materials and accessories supplier controlled by Gavan family, in the first quarter of this year posted RON14 million turnover, up 16.2% from the year-earlier perio...