Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Stefan Vuza Steps Down As Chimcomplex CEO
Chimcomplex (CRC.RO), the largest chemical plant in Romania, informed investors in a report to the Bucharest Stock Exchange on Tuesday that its chief executive officer Stefan Vuza stepped do...
Law Firm Clifford Chance Badea Assisted J.C. Flowers In First Bank Sale
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised J.C. Flowers & Co. in connection with the sale of First Bank to the Italian group Intesa, a transa...
Romradiatoare Steps Into The Black In Jan-Sep
Electrical components manufacturer Romradiatoare Brasov (RRD.RO) recorded a profit of RON843,126 in January-September 2023, up from a loss of RON1.48 million in the same period last year, th...
Three-Month ROBOR Ends October At 6.35%
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, dropped to 6.35% on Tuesday, Oc...
Dan Air Set To Leave Brasov, Move Flights To Bacau Airport
Airline Dan Air has announced it will cease operations on the Brasov Airport and move to Bacau, as a result of the decision of the Brasov Airport to delay extending the opening hours for Jan...
Developer Hagag Starts Restoration Work On Stirbei Palace In Bucharest
Real estate investor-developer Hagag Development Europe has started work on the restoration, consolidation and refunctionalization of Stirbei Palace on Calea Victoriei. H Stirbei Palace is t...
OVES Enterprise Launches Security Platform For Drone Networks IXXERA
OVES Enterprise, a Romanian software development company, launches IXXERA, a security platform for drone networks ensuring the safeguarding of unmanned aerial vehicles (UAV) against cyber-at...
Finance Ministry Raises RON303M From Banks On October 30
Romania's Finance Ministry raised RON303 million from banks on Monday (October 30), less than the planned RON400 million, selling bonds due in April 2036 in an auction, at an average yield o...
First Bank Announces Sale To Italy’s Intesa Group
US private investment firm J.C. Flowers has reached an agreement with Intesa Sanpaolo over the sale of First Bank Romania.
Competition Council OK’s Carrefour’s Takeover Of Cora’s Operations In Romania
The Competition Council approved Carrefour’s acquisition of retailer Cora’s operations in Romania. The deal should therefore be completed in the next few weeks, Carrefour officials announced...
Law Firm RTPR Assisted MidEuropa Partners In Profi Sale
Law firm RTPR assisted private equity firm MidEuropa Partners in the sale of Profi, while providing Profi support in the largest deal in the retail sector ever concluded in Romania, which st...
Kaufland Plans To Grow To 200 Hypermarkets In Romania By 2025
German-held retailer Kaufland plans to reach the 200-hypermarket mark in Romania by 2025, from the current 171 it has at the moment, developing at a steady pace of at least 10 new stores eve...