Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Digital Music Company Believe Buys 25% In Global Records
France-based Believe, one of the leading digital music companies in the world, has bought 25% in Global Records, established by Stefan Lucian in 2008.
Romgaz Modifies Contract With Engie From RON290M To RON233M Due To Drop In Gas Price
State-run natural gas producer and supplier Romgaz (SNG.RO) has modified a gas sale-purchase contract with Engie Romania, the largest natural gas distributor in Romania, as a result of the d...
ING Hubs Romania Revenue Up To Almost RON700M In 2023
ING Hubs Romania, a global technology hub that provides more than 150 software development, data management, non-financial risk and audit services, posted RON694.1 million revenue in 2023, a...
Mediplus Reclaims Top Spot From Fildas On Pharmaceutical Wholesale Market
Pharmaceutical wholesale in Romania has a new leader by revenue, after Mediplus posted RON6.9 billion revenue in 2023, RON34 million more than the second leading actor, Fildas Trading, held...
Partners Financial Services Becomes Largest Shareholder Of Transilvania Broker De Asigurari
Czech-held company Partners Financial Services (PFS) is entering Romania by buying a 32.89% stake in Transilvania Broker de Asigurari (TBK.RO), one of the largest insurance brokers on the lo...
SVN: Number Of Homes Sold In Romania In H1, 2024 Up 16%
More than 77,200 houses and apartments were sold in Romania in the first six months of 2024, an increase of 16%, while the increase in Bucharest was 25%, real estate consultant SVN Romania s...
INS Upwardly Revises Romania’s Q1/2024 GDP Growth
Romania’s statistics board INS upwardly revised the country’s economic growth for the first quarter of 2024 against the same quarter of 2023 to 0.5% from 0.1% estimated in the May report.
Tourism And Sports Complex Cheile Gradistei Sees RON54M Revenue In 2023
Cheile Gradistei tourism and sports complex ended 2023 with RON54 million revenue, Finance Ministry data show, its highest ever.
BMW Group Bought EUR2.3B Worth Of Parts From 100 Direct Suppliers In Romania In 2023
Germany’s BWM Group bought about EUR2.3 billion worth of parts – steering wheels, tires and loading systems, from direct suppliers in Romania last year, which, together with the rising sales...
Mutual Fund Assets Up 3.3% To RON44.6B In May 2024
The net assets of the 248 open-end and closed-end mutual funds, both local and foreign, available in Romania, increased by 3.3% to RON44.6 billion in May and by 12.2% since the beginning of...
Maspex Romania Aims For 7% Growth In Revenue In 2024
Maspex Romania, a producer of beverages, snacks and foods, part of Poland’s Maspex, has budgeted 7% growth in revenue this year, after having posted 12% growth to RON1.153 billion in 2023.
Transilvania Broker De Asigurare Main Shareholders Sells 27.9% To Partners Financial Services
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, on Friday notified the Bucharest Stock Exchange that its main shareholders, Login Gabriel and Nicu...