Articles 676 - 700 of 905 by " Cristina Bellu"
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Romania’s Current Account Deficit Rises 71% YoY to EUR12.2B in H1
12 aug 2022
Romania's current account balance posted a deficit of EUR12.2 in January-June 2022, higher by almost 71% on the EUR7.2 billion in the year-ago period, central bank data published on Friday (August 12) more
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ROCA Industry in Talks to Buy 77.5% in Lithuania’s Iranga Technologies
12 aug 2022
Bico Industries, a subsidiary of ROCA Industry, a holding company established by ROCA Investments under the name of Holdingrock1 at the Trade Register, is in advanced negotiations with SmartTech, a more
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Nuclearelecrica’s Net Profit More Than Triples to RON1.2B in H1
12 aug 2022
Nuclearelectrica (SNN.RO), Romania's only nuclear power producer, ended the first half of 2021 with a net profit of RON1.2 billion, up 216% year-on-year, while revenue increased 127% to RON3.1 more
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Three-Month ROBOR Down to 7.98% on August 12
12 aug 2022
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, has dropped further 7.98% on Friday more
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Finance Ministry Raises RON938M via Bonds, RON454M via T-Bills on Aug 11
11 aug 2022
Romania's Finance Ministry on Thursday reopened a bond issue due in February 2029 and borrowed RON938.5 million from banks, three times more than the scheduled RON300 million, at an average yield of more
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Raiffeisen Bank Raises RON500M from Sustainability Bond Issue
11 aug 2022
Raiffeisen Bank has placed a new corporate bond issue in lei, the bank's fourth eligible bond issue (MREL) and the first sustainability bond series, raising RON500.85 million from institutional more
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OTP Bank Romania Posts RON14M Losses in H1
11 aug 2022
OTP Bank, the Romanian subsidiary of Hungary's largest banking group, recorded a loss of RON14 million in the first half of this year, mainly due to an increase in the total cost of risk, notes the more
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Jewelry chain Teilor Opens Third Store in Hungary, Reaches 62 Units in CEE
9 aug 2022
Luxury jewelry store chain Teilor, with bonds listed on the Bucharest Stock Exchange, is further expanding in Hungary by opening its third store in Budapest and reaches a 62-unit network in five more
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Romania Trade Gap Reaches EUR15.3B in 1H/2022, Up 45% YOY
9 aug 2022
Romania’s trade balance posted a deficit of EUR15.3 billion in January-June 2022, EUR4.74 billion higher than in the same period of 2021, in line with data from the country’s statistics board INS. more
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CBRE: Modern Office Space Stock Seen Reaching 4.7 Million Sqm at End-2022, Up 9% YOY
8 aug 2022
Romania’s modern office space stock has gone beyond 4.3 million square meters in the first half of this year, with 76% concentrated in Bucharest and is set to hit 4.7 million square meters in early more
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MedLife Takes Over 60% of Brasov-based Opticristal
4 aug 2022
MedLife, the main player on Romania’s private healthcare market, has acquired 60% in Brasov-based ophthalmological diagnosis and surgery clinic Opticristal, with over EUR1 million turnover in 2021. more
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Three-Month ROBOR Resumes Growth, Hits 8.05% A Year on August 3
3 aug 2022
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, on Wednesday, August 3rd, reached 8.05% more
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Alpha Bank Romania 1H/2022 Gross Profit Spikes 71% To EUR18.2M From Year-Earlier Period
3 aug 2022
Alpha Bank, among the ten largest banks by assets on the Romanian market, in the first half of this year posted EUR18.2 million gross profit, up 71.6% from the 1H/2021 level. more
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AROBS Transilvania Launches AROBS Engineering Arm
3 aug 2022
AROBS Transilvania Software, the largest tech company listed on the Bucharest Stock Exchange, is launching the AROBS Engineering unit, officially registered as AROBS Development & Engineering, after more
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Private Consumption Slows Down to 5.2% in 1H/2022
3 aug 2022
Retail turnover, the main barometer for private consumption, in the first six months of this year went up by 5.2% in gross series from the year-earlier period, amid rising sales of car fuel (+9.6%), more
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Raiffeisen Bank Ends 1H/2022 with RON602M Net Profit, Up 50% YOY
2 aug 2022
Raiffeisen Bank generated net profit worth RON602 million in the first half of 2022, up 50% from the year-earlier period, on soaring lending and a significantly improved risk profile. more
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DPD Leases 3,500 Sqms of Warehousing Space in VGP Park Arad
2 aug 2022
Parcel delivery company DPD Romania, one of the largest courier services companies in Romania, has leased 3,500 square meters of warehousing space in VGP Park Arad logistics project located close to more
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AROBS Transilvania Takes Over Nordlogic
28 iul 2022
AROBS Transilvania Software, the largest tech company listed on the Bucharest Stock Exchange, has announced it entirely took over Nordlogic, a local group of companies specializing in the development more
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Petrom 2Q/2022 Profit Soars 66% to Almost RON3B vs 1Q/2022
28 iul 2022
OMV Petrom (SNP.RO), the biggest company listed on the Bucharest Stock Exchange, for 2Q/2022 reported net profit worth RON2.89 billion, up 65.7% from the previous quarter and more than seven times more
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Jewelry Chain TEILOR Enters Czech Market with One Store, Reaches 63 Units
27 iul 2022
Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has oened its first store in the Czech Republic, in the Westfield Chodov shopping center of Prague. more
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Demand For Logistics and Industrial Space Up 50% In H1
26 iul 2022
Industrial and logistics leasing activity increased by 50% in the first half of the year compared with the same period last year and totaled 542,000 square meters, according to data from real estate more
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CFA Analysts Improve Economic Growth Forecast to 3.6% for 2022, But Expect Leu at 5.11 Units/Euro in 12 Months and 11% Inflation
26 iul 2022
Financial analysts part of CFA Romania association forecast the Romanian leu will decline to an average exchange rate of 5.1121 units/EUR in the next 12 months, while the estimated rate of inflation more
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Finance Ministry Raises RON2.1B from Banks on July 25
25 iul 2022
Romania's Finance Ministry on Monday reopened a bond issue due in February 2023 and borrowed RON2.1 billion from banks, more than five times the scheduled RON400 million, at an average yield of 8.70% more
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Romania Private Lending Grows by 17.5% YoY to RON352.8 billion in June 2022
25 iul 2022
Private lending in Romania grew by 17.5% to RON352.8 billion in June 2022 compared with June 2021, as local currency lending increased by 19% and foreign currency lending by 13.7%, central bank data more
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Element Industrial Gets EUR23M from Alpha Bank Romania
25 iul 2022
Element Industrial has taken out a EUR23 million loan from Alpha Bank Romania to finance development of the first two phases of the ELI Park 3 project, part of the ELI Park Bucharest North West more