Category: News

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 […]

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 […]

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, 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 (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 […]

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 […]

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 […]

Oregon Park International Finance Corporation (IFC) has provided a €150m investment with sustainability-linked features consisting of a syndicated loan facility and a convertible instrument to Lion’s Head Investments (LHI), a commercial property platform in Bulgaria and Romania – JV between Old Mutual Property and AG Capital. Lion’s Head currently owns and operates five office buildings […]

Voicu Oprean, founder and CEO of AROBS AROBS Transilvania Software, the largest technology company listed on the Bucharest Stock Exchange, announces the complete acquisition of Infobest group, specialized in the development of customized software solutions, with offices in Timisoara and Leverkusen, Germany. “We are glad to announce our 10th M&A transaction after the listing of […]

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use and office real estate in Romania, posts a preliminary consolidated turnover of 306.6 million euros for 2023, a 30% increase compared to 2022. The gross profit reached 105.9 million euros, a 9% increase excluding the one-off gain from Bucur Obor’s bargain purchase of […]