AllCloud Secures a Workspace in River Plaza, for Agile Growth, Advised by CBRE
The global professional services company has fortified its presence in Romania through an office lease meant to easily accommodate its expansion perspectives Bucharest, 4th March 2024 – ALLCLOUD, a US-based global leader in cloud-based services, has selected River Plaza, a modern office building in Romania’s capital city, in a strategic real estate transaction facilitated in […]
Simtel acquires a company developing a photovoltaic park with an installed capacity of 5.35 MWp DC
Mihai Tudor, CEO and executive member of the Board of Directors of Simtel Team Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national leader in renewable energy, announces the complete takeover of Oasis Green Energy 3, a project company developing a photovoltaic park […]
NN paid almost 1 billion lei to insurance and private pension clients in Romania in 2023
Kuldeep Kaushik, CEO NN NN paid insurance customers and private pensions participants 983 million lei in 2023, 27% more than the previous year. NN closed 2023 with solid financial results across all business lines, and through insurance benefits and private pensions paid it continued to provide protection and financial support to clients in unforeseen times […]
BCR Group reports a profit of 2.3 billion lei in 2023, up 33%
Sergiu Manea, CEO Banca Comercială Română BCR Group achieved a net profit of RON 2.32 billion (EUR 469 million) last year, up by 33% compared to 2022, driven by improved operating result, underpinned by advance in customer business. “For BCR, prosperity is also built through financial education, beyond everything that means real collaboration with all […]
MedLife recorded last year a consolidated pro-forma turnover of 453 million euros, up by 25% compared to 2022
MedLife, the largest network of private medical services in Romania and the only Romanian capital company among the top operators of private medical services listed on the Stock Exchange, reports a consolidated pro-forma turnover of RON 2.24 billion, up by 25% compared to the previous year. At the same time, MedLife managed to gradually recover […]
Biofarm records a net profit of 77 million lei in 2023, up 9% compared to 2022
Biofarm (stock symbol BIO), one of the most important drug manufacturers in Romania, ended 2023 with a net profit of about 77 million lei, up 9% from the previous year and a turnover of approx. 280 million lei, according to preliminary results (unaudited). “In 2023, we successfully implemented cost optimization strategies, focusing in particular on […]
DefCamp, the largest cybersecurity conference in Central and Eastern Europe, expands with a first spin-off edition in Cluj-Napoca, May 16-17
Andrei Avădănei, founder of DefCamp Bucharest, 28 February 2024 – DefCamp, the largest cybersecurity conference in Central and Eastern Europe, is expanding, on 16-17 May 2024, for the first time to Cluj-Napoca, one of Romania’s most powerful technology hubs. DefCamp Cluj-Napoca aims to support collaboration in the cybersecurity industry so that specialists can offer the […]
Credit Europe Bank Romania implements the contactless functionality across its entire ATM network
Credit Europe Bank continues the integration of digital banking solutions by introducing the contactless function throughout its ATMs. With this feature, Credit Europe Bank customers can perform transactions at ATMs with a simple tap of their card, phone, watch or other smart device equipped with NFC technology over the reader, regardless of the issuing bank […]
betahaus enters Romanian market and opens a top-central coworking space in Bucharest
betahaus, one of the pioneer coworking brands in Europe with locations in Berlin, Hamburg, Barcelona, and Sofia, announced the opening of its very first location in Romania. Building further on its strategic partnership with GTC Group, one of the leading real estate investor and developer in CEE and SEE regions, betahaus is launching a fully […]
Investimental reaches client base of 1,000 retail investors
Mihaela Biciu, CEO of Investimental Investimental, the newest broker on the Romanian capital market, reaches 1,000 retail clients locally. “Reaching 1,000 clients in under seven months, ahead of our initial timeline, is a testament to the demand for our unique blend of education-focused and long-term investment strategies. The past year’s market positivity, including Hidroelectrica’s historic […]