ZF newsroom
Tudor Ioana Raluca
- Fields
- Retail&Consumer, Social/Politics, Automotive
- Writing for ZF since
- 2011
- Articles
- 853
DTZ: Investors Spent EUR150M On Farmland This Year
Cristian Ustinescu, investment manager with real estate consultant DTZ, said at ZF Live on Thursday that 100,000 hectares of farming land changed hands this year. This should amount to EUR15...
Former A&D Pharma CEO Dragos Dinu Joins Retailer Domo
Dragos Dinu, who served as chief executive officer of the largest local pharmaceutical group A&D Pharma until 2008, has been given a position in the board of electronics, home appliances and...
Minority Shareholder Of Bucharest Marriott Hotel Goes Bankrupt
ONT Carpati, the company that owns 35% in Bucharest’s five-star hotel Marriott and four-star hotel New Montana in Sinaia, will go bankrupt, according to a decision taken Tuesday by sharehold...
Naspers Paid $83M For 70% In eMag
South-African internet giant Naspers paid around $80 million in October for a 70% stake in Romania's largest online retailer eMag.
Insurance Companies Ceded Premiums Of RON1.1B To Reinsurers In Jan-Sept
The members of the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) ceded premiums of 1.1 billion lei (EUR0.24 billion) to reinsurers in January-September, up 20% on...
Top Five Construction Companies Valued At EUR1.5B Thanks To High Profit Margins
The five leading companies on the Romanian construction market have been valued at nearly EUR1.5 billion this year, according to the seventh edition of the “100 most valuable companies in Ro...
Romanians Buy Luxury Cars Worth EUR110M In First Ten Months
The number of luxury cars registered in the first ten months of this year doubled compared with the similar period a year ago, to more than 900 cars worth almost EUR110 million in cumulated...
Innova Capital And EBRD Take Over EnergoBit
The three Cluj-based entrepreneurs who have since 1990 turned EnergoBit into a EUR160-million business specializing in delivering complete energy solutions have sold the majority stake to Po...
Dascalu's Malls Bring Revenues Of EUR40M In Nine Months
The malls own by Romanian businessman Iulian Dascalu recorded a cumulated turnover of almost EUR40 million in the first nine months of the year.
Listed Construction Companies Make Overall Losses Of RON44M In First Nine Months
Most construction companies on the stock exchange posted turnover declines, low profits or losses, which shows that 2012 will most likely be another “failed” year for companies in this secto...
Ioan Niculae Turns His Corn Harvest Into Bioethanol And Fodder Worth EUR55M
Ioan Niculae, who controls the InterAgro group, expects revenues of EUR55 million this year from bioethanol, which is processed from corn and added to gasoline, and from livestock fodder.
Opening Of Romgermed’s EUR20M Hospital Postponed To 2013
Private healthcare service provider Romgermed postponed the opening of a EUR20 million hospital to next year because of construction permit problems.