Cyber-attacks have reached an unprecedented level and the global phenomenon is becoming more and more visible in Romania.
ING Bank posted RON276 million net profit in the first quarter of 2022, 67% higher than in the year-ago period, while revenue rose 23% to RON667 million.
Lemon Retail Park, built by Synergy Construct in Bucharest's northern area of Pipera, following an investment of EUR15 million, will be inaugurated in September 2022, real estate consulting firm CBRE said on Monday (May 30).
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, on Monday announced investments of RON719 million (EUR143 million) in 2022, mostly to upgrade, expand, automate and digitize the natural gas and electricity distribution grids.
European online fashion retailer Zalando, which already has a presence in 25 countries, launched in Romania on Monday. The retailer carries 350,000 products from 1,700 brands, and expansion in Romania is a continuation of the expansion in Europe.
Farmexim-Help Net Group, part of German Phoenix Group since 2018, ended 2021 with a combined turnover of EUR848.5 million (over RON4.1 billion), 16% higher compared with 2020.
APS, a debt recovery company headquartered in the Czech Republic, has announced the acquisition from the Bank of Cyprus Group of a portfolio of Romanian non-performing loans (NPLs) and repossessed properties with a total contract value of EUR147 million.
Paval Holding, the investment vehicle of brothers Adrian and Dragos Paval who own do-it-yourself (DIY) retailer Dedeman, on Monday reported total revenue of RON1.37 billion for 2021, compared to RON3.3 billion in 2020, and a net profit of RON1.24 billion, down 60% on the year.