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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Asbis Romania Sees Revenue Up 20% To $61.63M In 2023
Asbis Romania, the local subsidiary of Cyprus-based ASBIS, a developer and provider of ICT and IoT products, solutions and services for the Europe, Middle East and Africa (EMEA) markets, pos...
PayPoint Romania Processes Over 100 Million Transactions Worth RON13.6B In 2023
PayPoint Romania processed more than 100 milion transactions worth a total of RON13.6 billion via its 25,000 partner stores and the 24pay app saw a 60% increase in the number of payments in...
INS: Romania Construction Works Down 77% In January 2024 From December 2023
The volume of construction works in Romania shrank, in unadjusted data, by 77% in January 2024 compared with December 2023 and by 34.2% when adjusted to the number of working days and to sea...
Lucian Anghel Gets Central Bank Approval To Become Deputy CEO Of Libra Internet Bank
Lucian Anghel, who ran Banca Romaneasca between January 2020 and December 2022 has received approval from Romania’s central bank to become deputy chief executive officer of Libra Internet Ba...
Romgaz Makes RON201M Term Deposit With Exim Banca Romaneasca
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Wednesday (March 20) announced its shareholders in a stock market report that it opened a term deposit in amount of RON201.1 mil...
Bucharest Stock Exchange Calls Shareholders To Vote On RON12.5M Dividends On April 24
The board of directors of the Bucharest Stock Exchange (BVB.RO), the operator of Romania’s capital market, has called shareholders for an April 24 meeting to vote, among others, on the distr...
Fryday Chain Grows To Nine Restaurants, RON28.6M Revenue In 2023
Romanian fast food chain Fryday, established by Suceava entrepreneur Lucian Florea, has grown to nine restaurants and ended last year with RON28.6 million (EUR5.7 million) revenue, double as...
Sphera Franchise Group Restructures Pizza Hut Operations In Romania To Return To Profit
Pizza Hut restaurant chain held by Sphera Franchise Group in Romania, which also holds the KFC and Taco Bell franchises, underwent a significant restructuring process in 2023 and 2024, which...
OMV Petrom Budgets RON5.2B Net Profit In 2024
OMV Petrom (SNP.RO), the largest oil company in Romania, has budgeted RON5.2 billion net profit for 2023, an increase of 31% on the 2023 figure, while sales should increase by 1% to RON33.3...
Inditex Group Sees 23% Increase In Pre-tax Profit In Romania In 2023
Spain’s Inditex Group, one of the largest actors in world’s fashion industry, which owns such brands as Zara, Bershka and Massimo Dutti, posted pre-tax profit of EUR92 million in Romania in...
Stay Fit Gym Plans To Grow To 55 Gyms In Romania By End Of 2025
Gym network Stay Fit Gym, one of the largest actors on this market in Romania, plans to develop fast in the next two years. It seeks to go from 35 gyms in 15 cities at the moment to 55 by th...
Romania Private Lending Up By 5.7% YoY To RON384.7B In January 2024
Private lending in Romania went up 5.7% to RON384.7 billion in January 2024 compared with January 2023, central bank data showed on Friday (February 23, 2024).