Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Italy’s Artsana Closes Apparel Factory In Romania
Italian group Artsana, which manufactures children's textiles in Botosani under brands such as Chicco and Prenatal, is planning to close its factory in Romania, market sources told ZF.
Travel Agency Join Up Wants To Sell 140,000 Vacations In 2024
Join Up travel agency, part of the similarly named Ukrainian group, started operating in on the Romanian market last year and aims to sell over 140,000 vacations to Romanian tourists this ye...
Paval Holding Makes 52% Higher Net Profit In 2023
Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, which they use for investments on the Bucharest Stock Exchange, among others, posted RON2.3 billion net profit...
Transelectrica Extends Directorate Member Terms By Another Five Months
National power grid company Transelectrica (TEL.RO) on Wednesday informed shareholders and investors about the appointment of its directorate members and the directorate chairman on May 22,...
BRK Financial Group Signs Extension Of Loan Facility From CEC Bank
BRK Financial Group (BRK.RO), the only stockbroker listed on the Bucharest Stock Exchange, on Wednesday announced the signing of an additional act to extend the facility agreement with CEC B...
Bosch Posts EUR516M Consolidated Revenue In Romania In 2023
Germany’s Bosch Group ended fiscal 2023 with RON2.5 billion (EUR516.2 million) consolidated sales in Romania, the same as in 2022.
Razvan Butucaru, Mazars: Romania Among Top Four M&A Markets In Region By Deal Volume
The Romanian M&A market is among the top four M&A markets in the region in terms of deal volume and is increasingly gaining visibility with international investors and developing a strong lo...
Affidea Invests EUR15M In Radiotherapy Center In Iasi
Affidea, the largest player in the medical imaging services market in Romania, has completed the acquisition of MedEuropa radiotherapy centers, a deal announced in March 2024. The first step...
South Of Bucharest Could Attract EUR3.5B Investment In Urban Development After Extension Of Subway Line 4
The project to extend Line 4 of Bucharest subway that runs from Straulesti to Gara de Nord to Gara CFR Progresul (Progresul train station) will generate new development opportunities in the...
Benvenuti: Some Of Our Suppliers Closed Factories In Romania And Moved Them To Lower-Wage Countries
Some of the suppliers of footwear retailer Benvenuti closed the factories they had in Romania and moved them to countries where wages are lower, says Adrian Cazu, Benvenuti’s development & r...
certSIGN Revenue Up 33% To RON102M In 2023
Local IT&C company certSIGN, which provides cybersecurity and electronic signature services among others, posted RON102.3 million revenue in 2023, up 33% from the previous year, Finance Mini...
BRD Finance To Cease Operations In Romania After 20 Years
BRD Finance, the consumer finance unit of BRD-SocGen, the fourth largest bank in Romania by assets, is to exit the local financial landscape after two decades in business and is in the proce...