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Loredana Frățilă-Cristescu

Fields
Companies, Capital Market, Retail&Consumer
Writing for ZF since
2011
Articles
9.761
International Alexander Conducted Layoffs At Brandl Factory In Sibiu At End Of 2024
Automotive

International Alexander Conducted Layoffs At Brandl Factory In Sibiu At End Of 2024

At the end of 2024, a car parts and accessories factory in Sibiu laid off 181 employees, according to data from the Territorial Labor Inspectorate (ITM) Sibiu, which did not specify the name...

Loredana Frățilă-Cristescu · 09.01.2025 · 22:58 · 1 min
Romgaz Expands Into Supplying Natural Gas To Household And Non-Household Consumers
Capital Market

Romgaz Expands Into Supplying Natural Gas To Household And Non-Household Consumers

The Energy Ministry welcomes the strategic initiative of Romgaz (SNG.RO) to expand its business to supply natural gas to household and non-household consumers, a decision that comes at an es...

Loredana Frățilă-Cristescu · 09.01.2025 · 18:16 · 1 min
Hilton Garden Inn Hotel In Craiova Expects 65% Occupancy Rate In Its First Year In Business
Companies

Hilton Garden Inn Hotel In Craiova Expects 65% Occupancy Rate In Its First Year In Business

Craiova will have its first Hilton hotel next year after work on the Hilton Garden Inn hotel has been completed, following an investment of more than EUR25 million, hotel representatives sai...

Loredana Frățilă-Cristescu · 08.01.2025 · 22:30 · 1 min
Agricultorul-Panimon Group Headed Towards RON1B Revenue
Companies

Agricultorul-Panimon Group Headed Towards RON1B Revenue

Agri-food group Agricultorul-Panimon based in Bacau and held by entrepreneur Ilie Mihai, ended 2024 with a preliminary aggregate revenue of over RON800 million and an EBITDA of more than RON...

Loredana Frățilă-Cristescu · 08.01.2025 · 22:09 · 1 min
Infosan To Open New Ophthalmology Clinic In Bucharest
Companies

Infosan To Open New Ophthalmology Clinic In Bucharest

Private ophthalmology hospital Infosan is opening a new ophthalmology clinic in Iancului area in Bucharest in the first part of this year, following a EUR2 million investment.

Loredana Frățilă-Cristescu · 08.01.2025 · 21:40 · 1 min
Mega Image Owner Ahold Delhaize Completes Acquisition Of Romanian Retailer Profi From MidEuropa
Retail&Consumer

Mega Image Owner Ahold Delhaize Completes Acquisition Of Romanian Retailer Profi From MidEuropa

Dutch-Belgian Ahold Delhaize Group, the owner of retailer Mega Image, has finalized the acquisition of Romanian grocery retailer Profi Rom Food SRL (Profi) from MidEuropa for a price of arou...

Loredana Frățilă-Cristescu · 03.01.2025 · 22:23 · 1 min
Romania Forex Reserves Rise To EUR62.13B In December 2024
Macroeconomics

Romania Forex Reserves Rise To EUR62.13B In December 2024

Romania's foreign exchange reserves stood at EUR62.13 billion at the end of 2024, an increase of 4% on the RON59.7 billion at the end of 2023, Romania’s central bank announced on Friday (Jan...

Loredana Frățilă-Cristescu · 03.01.2025 · 22:03 · 1 min
Auction House Artmark Held 47 Auctions With EUR11.3M Sales In 2024
Companies

Auction House Artmark Held 47 Auctions With EUR11.3M Sales In 2024

Art auction house A10 by Artmark held 47 auctions last year, slightly down from 2023, when it held 50 such events, but sales were up 24% to EUR11.3 million.

Loredana Frățilă-Cristescu · 03.01.2025 · 20:24 · 1 min
New Car Registrations Up 2.4% Year-On-Year In Romania In 2024
Automotive

New Car Registrations Up 2.4% Year-On-Year In Romania In 2024

The number of new cars registered in Romania increased by 2.4% to 148,105 units in 2024, 58,470 of which were hybrid vehicles (35% more) and 9.765 were full electric (32% fewer), the associa...

Loredana Frățilă-Cristescu · 03.01.2025 · 14:54 · 1 min
Romania Posts Budget Deficit Of RON126B Or 7.12% Of GDP In January-November 2024
Macroeconomics

Romania Posts Budget Deficit Of RON126B Or 7.12% Of GDP In January-November 2024

Romania’s general consolidated budget posted a deficit of RON125.72 billion in January-November 2024, or 7.12% of the gross domestic product (GDP), which is 71% higher than in the year-ago p...

Loredana Frățilă-Cristescu · 02.01.2025 · 10:03 · 1 min
Romgaz Completes Delisting Of GDRs From London Stock Exchange
Capital Market

Romgaz Completes Delisting Of GDRs From London Stock Exchange

Natural gas producer and supplier Romgaz (SNG.RO) on Wednesday notified the Bucharest Stock Exchange that the delisting of the global depositary receipts (GDR) from the main market of the Lo...

Loredana Frățilă-Cristescu · 31.12.2024 · 17:05 · 1 min
Three-Month ROBOR Ends 2024 At 5.92% From 6.21% At The Beginning Of The Year
Banks-Insurance

Three-Month ROBOR Ends 2024 At 5.92% From 6.21% At The Beginning Of The Year

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, was set at 5.92% on December 31...

Loredana Frățilă-Cristescu · 31.12.2024 · 16:56 · 1 min