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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Hidroelectrica’s Net Profit Shrinks 23% To RON1.3B In Q1, 2024
State-owned Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest issuer listed on the Bucharest Stock Exchange by market capitalization, posted RON1.3 billion net...
Sipex Company Ends Q1, 2024 With RON1.1M Loss And 10% Growth In Revenue To RON69.3M
SIPEX (SPX.RO), one of the largest distributors of building materials and finishes in Romania, with 27 years in business on this segment, posted RON69.3 million revenue in the first quarter...
Digi Borrows EUR117M From Citibank Europe For Development In Romania And Spain
Telecommunications operator Digi (DIGI.RO) on Tuesday evening notified the Bucharest Stock Exchange about its subsidiary RCS&RDS having taken out a loan from Citibank to develop operations i...
Corteva Agriscience Exports Seeds From Its Afumati Facility Near Bucharest To As Far As South Korea
Following a nearly $15 million investment to meet high domestic and international demand for corn and sunflower seeds from farmers, US-held Corteva Agriscience’s processing facility in Afuma...
Grand Hotel Italia In Cluj Expects Growth In Revenue To RON40M In 2024
Five-star Grand Hotel Italia in Cluj, part of the Italian Select Hotels Group chain, is aiming for RON40 million revenue in 2024, up from RON35 million in 2023, following the opening its spa...
Amber Studio Forgoes EUR2.8M State Aid To Create 120 Jobs In Botosani And Craiova
Amber Studio, a local video game developer with $45 million revenue in 2022, has decided to waive EUR2.7 million in state aid that came with an obligation to create 120 jobs in Botosani and...
Banca Transilvania Ends Q1 With 35% Rise In Net Profit To RON913M
Banca Transilvania (TLV.RO), Romania's largest lender, posted an individual net profit of RON913 million in the first quarter of 2024, up 35% compared with the year-ago period, the bank said...
OTP Bank Romania Ends Q1 With RON219M Total Income
OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report pub...
Romgaz Makes RON200M Term Deposit With Exim Banca Romaneasca
Natural gas producer and supplier Romgaz (SNG.RO) on Thursday notified the Bucharest Stock Exchange of having made a RON200 million term deposit without auto-renewal option with Exim Banca R...
Zabka Officially Enters Grocery Retail Market In Romania With Froo Store In Bucharest
Polish retailer Zabka, which has more than 10,000 stores back home, is officially entering the Romanian grocery retail market by opening its first store under the Froo brand. This is the bra...
Early Game Ventures Launches Second Investment Fund
Early Game Ventures on April 25 finalized the necessary documents for the official launch of its second investment fund, with a total value of EUR60 million, the firm said in a press release...
Road Freight Carrier Criboser Expects Further Growth In 2024
Oradea-based Criboser, the second most dynamic road carrier in Romania by revenue in 2022, expects business to grow this year after buying 20 more trucks to carry goods from Belgium, Germany...