Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
IFC Lends Up To EUR50M To UniCredit Leasing
International Finance Corporation (IFC), part of World Bank, is granting an up to EUR50 million loan to UniCredit Leasing Corporation (UCLC), a subsidiary of UniCredit Bank Romania and membe...
Ovidiu Sandor Inaugurates New Building In British International School Campus In Timisoara
Ovidiu Sandor, founder of Mulberry Development, the developer of the mixed-use project ISHO, and of the Art Encounters Foundation, has inaugurated a new building in the British International...
Car-Sharing Company Spark Expands Operations To Four New Areas In Bucharest
Lithuanian-held Spark, a provider of electric car-sharing service via a mobile app, which started operations in Romania in 2019, has expanded its service coverage to four new areas in Buchar...
JYSK To Open New Store In Ramnicu Valcea on November 30, Reaches 138 In Romania
Furniture and home product retailer JYSK continues expansion in Romania with the inauguration of a new store in Ramnicu Valcea on Thursday, November 30, for a total of 138 in the country.
Rondocarton Ends First Nine Months Of 2023 With Over EUR90M Revenue
Rondocarton, part of Austria’s Rondo Ganahl, one of the largest corrugated cardboard manufacturers in Romania, posted more than EUR90 million revenue in the first nine months of 2023 and exp...
RON300M Worth Of Orders To Sell During Fondul Proprietatea’s Buyback Offering So Far
Investors, either retail or institutional, have put in orders with their brokers to sell about RON300 million worth of Fondul Proprietatea (FP.RO) shares so far during a buyback offer, which...
Banca Transilvania Gets Investment Grade Credit Rating From Moody’s
Banca Transilvania (TLV.RO), the largest lender in Romania, got the “investment grade” rating from Moody’s, the bank said in a press release.
Romania Smartphone Market To Reach Almost EUR1.5B In 2023, Up 8% On 2022
Smartphone sales in Romania will reach almost EUR1.5 billion at the end of 2023, an increase of some 8% on 2022, while the volume will continue to shrink, with the decline estimated at some...
Romania’s Banking System Makes Over RON10B Profit In Jan-Sep, As Much As In Entire 2022
The significant rise in banks’ revenue along with the rise in interest rates and continued lending helped Romania’s banking system make a record net profit of more than RON10 billion (EUR2 b...
Boromir Expects EUR160M Revenue In 2023
Industrial bakery business Boromir expects to end 2023 with EUR160 million revenue. However, it seeks fast-paced growth in the future, to reach the EUR500 million revenue mark.
Adrian Tomsa About Talks With Telekom Romania Mobile: We Want To Develop Strong Brand For Local Customers
Entrepreneur Adrian Tomsa, who leads a group of investors negotiating the takeover of mobile telephony operator Telekom Romania Mobile from Greece’s OTE and Germany’s Deutsche Telekom, says...
Sales Of Tractors And Combines Down 23% And 17% In Jan-Oct 2023
Romania’s tractor and combine market, which shows the prosperity of the agricultural sector, saw a 23% decline in the sales of tractors and 17% decline in the sales of combines in the first...