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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Elba Timisoara Sees RON301.9M Revenue, Returns To Profit In 2023
Timisoara-based lighting fixture and system manufacture Elba, a supplier of automotive lights for such groups as Dacia-Renault and Skoda, posted RON301.9 million (EUR61 million) revenue in 2...
Software Developer Systematic Sees Revenue Up 22%, Profit Up 197% In 2023
Systematic Development Center, a private IT company based in Denmark that develops software and solutions for various customers, including for NATO militaries, intelligence services and the...
Chimcomplex Calls Shareholders To Vote On Extension Of EUR40M Loan Facility From CEC Bank
The board of directors of chemical producer and supplier Chimcomplex Borzesti (CRC.RO) has called shareholders for September 30 to vote among others on the extension of a EUR40 million loan...
Allianz-Tiriac Asigurari Ends H1 2024 With Over RON1.8B Gross Written Premiums
Allianz-Tiriac Asigurari ended the first half of 2024 with gross written premiums of more than RON1.8 billion, 7.1% higher than in the year-ago period. Life insurance saw the fastest growth...
Salt Bank Sees RON31M Losses In H1 2024
Salt Bank, which has a EUR5 million bond issue with an 8.5% yearly yield and maturing on December 18, 2024 listed on the Bucharest Stock Exchange, posted RON31 million losses in the first ha...
IKEA Plans To Open More Stores In Romania
IKEA wants to open more stores in Romania and is looking at several cities and also the possibility of adding more stores in Bucharest, where it already has two, says Jesper Brodin, CEO of I...
Miele Tehnica Brasov Leases 2,000 Sqm Facility From VGP Park Brasov
Miele Tehnica Brasov, the subsidiary of Germany’s Miele Group, has leased a 2,000 square meter shed from VGP Brasov to expand its manufacturing area and will use the space to assemble drives...
Poland’s Froo Opens 20th Franchised Store In Romania
Froo Romania Retail, a company of Poland’s Żabka Group, has opened its 20th franchised store in Romania, on the Iuliu Maniu Boulevard in Bucharest. This is its largest store in the country.
Leoni Loses Stated Aid After Dropping Investment Project In Romania
Leoni Wiring Systems, which had received approval for EUR4.77 million state aid in October 2023, has notified the Finance Ministry of its decision to drop the implementation of the investmen...
Premier Energy Increases Stake In Subsidiary True Energy Management From 60% To 75%
Premier Energy (PE.RO), a producer, distributor and supplier of electricity and distributor and supplier of natural gas, has increased its stake in subsidiary True Energy Management SRL from...
Clifford Chance Badea Advises Nofar Energy In Acquisition Of Aviv Renewable Investment
Clifford Chance Badea advised Nofar Energy, one of the most dynamic renewable energy investors in Romania, in the signing of the agreement for the acquisition of 100% in Aviv Renewable Inves...
Carrion Expedition Returns To Profit In 2023
Carrion Expedition, the Spanish-owned freight forwarding company based in Cluj-Napoca, posted RON97.2 million (EUR19.6 million) revenue in 2023, down 64.4% from the previous year’s RON273.1...