Articles 251 - 275 of 905 by " Cristina Bellu"
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ProCredit Bank Funds Construction of Two Prahova Photovoltaic Parks with EUR3.4M
2 apr 2024
ProCredit Bank Romania has granted a EUR3.4 million funding to company group 3D Steel Design & Construct SRL and Hansarom Management & Consulting SRL, for the construction of two photovoltaic parks in more
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AROBS Transilvania Software Targets Turnover of Almost RON500M in 2024, Up 15% YOY, RON49M Net Profit
1 apr 2024
AROBS Transilvania Software, the largest tech company listed at the Bucharest Stock Exchange, aims for RON494.9 million consolidated turnover in 2024, up 15.8% from 2023. more
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Agricover Holding Ends 2024 With RON44M Consolidated Net Profit
29 mar 2024
Agricover Holding, an entrepreneurial agricultural business, posted RON44 million consolidated net profit in 2023, the company announced on Friday. more
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BCR Contributes EUR84M To EUR435M Syndicated Loan Ford Otosan Romania Took Out
29 mar 2024
BCR contributed EUR84 million (19.3%) of the EUR435 million syndicated loan that Ford Otosan Romania, subsidiary of Ford Otosan Turkey, took out to support production of the new Ford Puma, of the Ford more
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Purcari Wineries Acquires Timbrus Purcari Estate
29 mar 2024
Winemaker Purcari (WINE.RO), whose shares are included in the BET, has signed an agreement to acquire 100% in Timbrus Purcari Estate (Targoviste), the company announced, a deal that enables it to more
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Turbomecanica Proposes Distribution of RON9M Dividends from 2023 Profit
28 mar 2024
Turbomecanica, a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, proposes to shareholders the distribution of a gross dividend of RON0.02436/share, namely a total sum more
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CFA Analysts Anticipate 5.5% Budgetary Gap, 2.5% GDP Growth in 2024. Inflation Projected to Average 5.46%, Leu to Reach 5.0500 Units/Euro in Next 12 Months
27 mar 2024
Financial analysts part of the CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0500 units/Euro in the next 12 months, while the inflation rate will more
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Finance Ministry Raises RON962.4M From Banks On March 25
25 mar 2024
Romania's Finance Ministry raised RON962.4 million from banks on Monday (March 25, 2024), selling benchmark bonds with a scheduled value of RON500 million due in May 2027, at an annual average yield more
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Cushman & Wakefield Appointed To Manage Expo Business Park Office Project
25 mar 2024
Real estate consulting company Cushman & Wakefield Echinox has been appointed to manage the Expo Business Park office project, one of the most representative projects in the Expozitiei area of more
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Japan’s Yusen Logistics Leases 19,000 Sqm in CTPark Bucharest
25 mar 2024
CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has leased, for a five-year period, an area of 19,000 square meters of logistic spaces in more
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Sphera Franchise Group Budgets over RON1.64B in Sales in 2024, Up 12.2% YOY, over RON95M Profit, Up 20.1% from 2023
25 mar 2024
Sphere Franchise Group, which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, has budgeted two-digit increases for its main more
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HP Inc. Romania Extends Lease Contract for 7,000-Sqms of Office Spaces in YUNITY Park by Five Years
22 mar 2024
HP Inc. Romania, the local subsidiary of the US computer and printer supplier and IT services provider of the same name, has signed to extend by another five years the lease contract for 7,000 square more
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iBanFirst Expects Romania Economy to Grow by 2.7% in 2024, Exchange Rate to Fluctuate within RON4.99-5,02/EUR Range, Sees Inflation at 5%
21 mar 2024
The evolution of Romania economy in 2024 will be in line with the tendencies registered in the rest of Europe, set to mark modest growth, below potential, of just 2,7%, slightly above the 2% pace of more
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New Car Registrations in Romania Down 8.9% Annually in February
21 mar 2024
New car registrations in Romania posted an 8.9% decline in February against the same month of 2023, to 11,339 units, of which 1,109 were full electric ones, up 6.6% year-on-year, and 3,736 hybrid more
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CTP Contracts EUR200M Syndicated Loan to Expand CTPark Bucharest Project
19 mar 2024
CTP, continental Europe’s largest listed developer and administrator of industrial and logistic spaces, has signed for a syndicated loan facility totally worth EUR200 million to refinance the more
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Sika Set to Lease 4,500 Sqms in ELI Parks’ ELI Park 4
18 mar 2024
Swiss building materials company Sika is expanding its Romania operations after inking a contract to lease 4,500 square meters of logistic and office spaces in ELI Park 4, a project part of the more
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EY Assisted Delgras Grid and Retele Electrice Banat in Accessing over EUR150M Worth of EU Non-Reimbursable Funds via Modernization Fund
18 mar 2024
EY assisted Delgaz Grid SA and Retele Electrice Banat SA in readying funding applications for investments in electricity grid expansion and modernization. more
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Finance Ministry Launches New Issue of Tezaur T-Bills
13 mar 2024
The Finance Ministry starting Wednesday, March 13, launched a new edition of Tezaur T-bills program, with 1 and 3-year maturities and annual interest rates of 6.1% and 6.85% respectively. more
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Hidroelectrica Seals Partnership with Romania Olympic and Sports Committee to Support Romania Team at Paris Olympic Games
8 mar 2024
Hidroelectrica, Romania’s biggest energy producer, has become a partner of Romania’s Olympic and Sports Committee (COSR) to support Romania’s olympic team during the training, qualification and more
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Alpha Bank Ends 2023 with EUR38M Net Profit, Up 15% YOY
8 mar 2024
Alpha Bank Romania, among the 10 largest banks in Romania by assets, for 2023 reported EUR38 million net profit, 15% higher than in 2022, amid the strong commercial activity and efficient cost and more
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Rodbun Group Contracts EUR101.5M Syndicated Loan for Work Capital and Business Expansion
5 mar 2024
Agribusiness group Rodbun has contracted a syndicated loan facility totally worth EUR101.5 million via the refinancing and increase of existing facilities by EUR37.14 million. more
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Supermarket La Cocos Retailer Expands to Brasov
5 mar 2024
Supermarket La Cocos retailer, controlled by entrepreneur Iulian Nica, has expanded to Brasov, after Ploiesti and Bucharest, where it will open the fourth hypermarket locally, with an area of around more
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BCR Rakes In RON2.32B Net Profit in 2023, Up 33% YOY
29 feb 2024
Lender Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, registered net profit worth RON2.32 billion (EUR469 million) in 2023, up 33% from 2022, driven by improved operating result more
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Winemaker Purcari Ends 2023 with RON370M Turnover, Up 22%, Net Profit Nears RON60M, 45% Higher YOY
29 feb 2024
Romanian winemaker Purcari in 2023 registered RON369.4 million revenues, 22% higher than in 2022, while its net profit rose by 45%, to RON59.6 million. more
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Dental Clinic Network Dr. Ardeleanu Opens Stomatology Center in Calarasi in EUR700,000 Investment
27 feb 2024
Dental clinic network Dr. Ardeleanu has opened a stomatology center in Calarasi in the wake of a EUR700,000 investment, only four months after the company opened a similar unit in Slobozia. more