Real estate | 11 September, 2024 at 10:16 AM
River Development becomes SEMA Real Estate
The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars.
The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars.
The local real estate developer and investor River Development announces the appointment of Ana-Maria Pascu to the position of Leasing Manager, starting September 2024.
Infinity Cloud Technologies debuts its expansion in Europe, not only in Romania, with this new rented space, increased power capacity and network options.
BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.
BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
The Romanian Ministry of Finance is conducting a new IPO for Fidelis government bonds, specifically for retail investors.
Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.