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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Three Most Profitable Banks In Romania Account For About 50% Of Entire Banking System Profit In 2023
The largest banks in Romania posted higher profits in 2023 compared with 2022, as lending and income increased. Profits were largely driven by the high interest rates and low risk costs and...
GLS Romania Posts 5.5% Growth In Revenue To RON365M In 2023
GLS General Logistics Systems Romania, part of the group of the same name, held by UK’s Royal Mail, posted RON365.4 million (EUR73.9 million) revenue in 2023, up 5.5% compared with the previ...
Maspex Sees Net Profit Up 34% To RON153M In 2023
Maspex Romania, producer of such brands as Tymbark, Salatini, Bucovina and Arnos, ended 2023 with RON1.15 billion (EUR234 million) revenue, up more than 12% from the previous year, Finance M...
Air Claim Almost Doubles Profit To RON3M In 2023
Air Claim (CLAIM.RO), a company that helps people get compensations for delayed or canceled flights, posted RON3.15 million net profit in 2023, an increase of 93.2% from the RON1.63 million...
Deltaica Seafood Expects 20% Growth In Revenue In 2024
Deltaica Seafood, which sells canned and prepared fish, ended 2023 with RON40 million revenue, a slight increase over 2022 and has budgeted a 20% increase for this year, its officials say.
IMF Sees Romania’s GDP Growth At 2.8% And Inflation At 6% In 2024
International Monetary Fund (IMF) has revised its actual economic growth forecast for Romania downwards to 2.8% in 2024 from the 3.8% estimated in the October 2023 forecast, its latest “Worl...
Farmacia Tei And Bebe Tei To Overshoot RON2B Revenue Mark Together In 2024
Farmacia Tei and Bebe Tei, one of the most dynamic businesses on the local market, will overshoot the RON2 billion revenue mark in 2024, company officials say, who budgeted a 20% increase ov...
Airline Fly Lili To Introduce Flights From Brasov On June 15
Fly Lili, held by German businessman Jürgen Andreas Faff, will start operating flights from Brasov-Ghimbav International Airport to Munich, Nuremberg, Stuttgart, Rome, Thessaloniki, and Ista...
Life Is Hard Raises RON10M From Investors Via Bond Issue
Technology company Life is Hard (LIH.RO) has successfully completed its public offering of corporate bonds and closed the operation at a price of RON101 per unit, at which the transaction wi...
Meat Processor Angst Goes Insolvent
Meat processor Angst Ro, held by the Minea family, has gone insolvent, data on the Bucharest Court of Law website show.
Four One United Shareholders Sell 234M Shares For RON216.9M On Friday
Real estate developer One United Properties (ONE.RO), the leading real estate investor and developer of sustainable residential, office and mixed-use projects in Romania, announced after the...
Entrepreneur Who Sold Maravet To US Giant Buys Company In Hungary In Same Business
Romanian businessman Ferenc Korporany, best known for selling the Maravet business to an American giant, has bought Hungary's WAF Kft, a company operating in the animal products industry.