Articles 901 - 925 of 1004 by " Cristina Bellu"
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Digi Seals Deal to Sell Hungarian Operations to 4iG
30 nov 2021
Telecom operator Digi, controlled by businessman Zoltan Teszari of Oradea, announced it sealed the sale-purchase contract for its Hungarian operations with 4iG. more
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Impact Developer & Contractor Borrows EUR4.2M from Garanti Bank for Working Capital
30 nov 2021
Impact Developer & Contractor, the real estate developer controlled by entrepreneur Gheorghe Iaciu, took out a EUR4.2 million loan from Garanti Bank, due in June 2024, to secure working capital. more
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Forty Management Sees Profit Surge 56% in Jan-Sept 2021 from Year-Earlier Period
24 nov 2021
Real estate developer Forty Management, run by Lucian Azoitei, for the first nine months of 2021 reported consolidated turnover worth RON109.4 million, up 76.3% from the same period of 2020, and net more
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Romania, Among Countries Where Poland’s Solaris May Build Production Units
24 nov 2021
Solaris plants are located in Poland, but the company, one of the largest public transportation electric vehicle manufacturers, considers developing new production units and Romania is on the list of more
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One United Properties Buys Majority Stake in Bucur Obor for RON65M
19 nov 2021
Real estate developer One United Properties, one of the most dynamic real estate developers of housing, office and mixed projects in Bucharest, announced it sealed an agreement to buy the majority more
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AROBS Transilvania Acquires Berg Software
19 nov 2021
AROBS Transilvania, a Romanian-held IT company controlled by entrepreneur Voicu Oprean, which last month announced its intention to list on the AeRO market of the Bucharest Stock Exchange (BSE), took more
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Oresa Appoints Muler Onofrei Co-Managing Director of Real Estate Unit
17 nov 2021
Swedish-held Oresa, which earlier this year ventured into real estate by acquiring the Solo Iasi logistics and industrial park from the Tester Group, has brought Muler Onofrei onboard as co-managing more
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Impact Developer & Contractor Revenue and Profit Shrink in Jan-Sep
15 nov 2021
Impact Developer & Contractor (IMP.RO), the real estate developer controlled by entrepreneur Gheorghe Iaciu, made RON110 million revenue of from the sale of real estate properties in the first nine more
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Porsche Engineering Romania Leases 2,100 Sqm of Office Space in Iulius Town in Timisoara
15 nov 2021
E-mobility, self-driving and artificial intelligence software developer Porsche Engineering Romania has signed a lease with Iulius Group for 2,100 square meters of office space in the United Business more
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Sphera Group Switches to RON28M Net Profit in Jan-Sept 2021 Vs. RON4.7M Net Loss In Year-Earlier Period
15 nov 2021
Sphera Franchise Group, owner of KFC, Pizza Hut and Taco Bell franchises in Romania, in the first nine months of this year reported profit worth RON28 million, against a RON4.7 million net loss in the more
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Purcari Net Profit Up 55% to RON39.8M in Jan-Sept 2021 vs Year-Earlier Period
15 nov 2021
Wine producer Purcari ended the first nine months of this year with net profit worth RON39.8, up 55% from the year-earlier period, while revenues increased by 20% to RON166.5 million. more
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Morphosis Capital Enters Medical Aesthetics Market with Investment in Cronos Med Clinics Network
10 nov 2021
Morphosis Capital, a private equity fund with EUR50 million subscribed in Romanian SMEs, announced it clinched the investment in Cronos Med, in the wake of which it will forge a partnership with more
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Competition Council Clears Sensiblu Takeover of 23 Optifarm Pharmacies
5 nov 2021
Sensiblu, the second largest pharmacy chain in Romania, has secured the approval of the Competition Council to take over 23 Optifarm pharmacies. more
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Germany’s emz Set to Build EUR5M Production Unit in Resita Industrial Park
5 nov 2021
emz, a producer of electrical home appliances and environmental technology headquartered in Nabburg, Bavaria, is poised to set up an around 3,000-sqm production unit in Resita industrial park. more
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Three-Month ROBOR Ends November 1-5 Week at 2.43% a Year
5 nov 2021
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken before May 2019 rose 2.43% a year on Friday (November 5) more
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Retail Turnover Up 11.9% in First 9 Months of 2021 from Year-Earlier Period
5 nov 2021
Romania retail turnover, the main barometer for private consumption, in the first nine months of this year rose by 11.9% as gross series from the same period of last year, amid rising sales of more
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Verdino Green Foods Sells Minority Stake to BlackPeak Capital
4 nov 2021
Verdino Green Foods, a Romanian producer of meat alternative products using pea protein, has sold a minority stake to private equity firm BlackPeak Capital via BlackPeak Southeast Europe Growth Equity more
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Teilor Holding Plans to Issue RON45M Bonds on the Bucharest Stock Exchange
4 nov 2021
Teilor Holding, the group of companies including luxury jewelry chain Teilor, Teilor Invest Exchange and Invest Intermed GF IFN, plans to carry out by yearend a private corporate bond placement on the more
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Mitiska Reim, Square 7 Properties Open New 17,500-Sqm Shopping Center in Baia Mare
29 oct 2021
Belgian investor Mitiska Reim, specialized in European shopping centers, has announced the opening of a new project in Baia Mare (northwestern Romania) and the expansion of the Medias retail park, in more
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Simtel Team Buys 80-Ha Land Plot in Giurgiu to Develop Large Photovoltaic Farm
27 oct 2021
Romanian engineering and technology firm Simtel Team, listed on the AeRo market of the Bucharest Stock Exchange, announced it acquired a 837,866-sqm industrial land plot in Giurgiu, where it is set to more
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Real Estate Investor Ionut Dumitrescu Teams Up with Superbet Founder Sacha Dragic to Develop ELI Parks
21 oct 2021
Ionut Dumitrescu, founder of Element Industrial, and Sacha Dragic, founder of Superbet, will seal a partnership to develop the ELI Parks logistics park network . Also involved is Anca Damour, former more
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Software Solution Provider Bento Eyes Stock Market Listing by Yearend
20 oct 2021
Bento-Intellectually Curious, a Romanian entrepreneurial company specialized in developing and implementing software solutions and providing IT and Cloud infrastructure services, intends to list its more
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Romania’s Total External Debt Up EUR8.4B to EUR135B in January-August
14 oct 2021
Romania’s total external debt increased by EUR8.4 billion to EUR135.2 billion in January-August 2021, of which direct public debt accounted for EUR60.7 billion, EUR3.46 billion more than at the end more
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Three-Month ROBOR Rises to 2.15% a Year on October 14
14 oct 2021
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, continued its upward trend on Thursday more
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Visual Fan Stakeholders Clear Share Capital Hike by 5 Free Shares per Owned Share
14 oct 2021
The management board of Visual Fan (ALW.RO), the company that owns electronic devices brand Allview, approved the company’s share capital raise by RON550,000, via the issue of 5,555,500 new shares more