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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Carrefour Romania Sales Up To Over EUR700M In Q3
French-held Carrefour Group posted EUR706 million gross sales (including VAT) in Romania in the third quarter, 5.2% higher than in the year-ago period. This is the second highest growth of t...
CEC Bank And Tarom Sign Partnership For Settlement Of International Ticket Purchases by Card
CEC Bank and Tarom have signed a partnership agreement that will provide payment acceptance services for bank cards issued under the Visa and Mastercard logos, by taking over the settlement...
Socep Constanta Approves Taking EUR19M Loan From BRD-SocGen
Port operator Socep Constanta (SOCP.RO) has approved a loan it will take out from BRD- Groupe Société Générale (BRD.RO) to continue the investment in building a grain terminal, i.e., to comp...
Software Group IPS Solutions Buys Significant Stake In IT Solutions Provider Avaelgo
Avaelgo, an IT solutions provider based in Timisoara and one of the locally relevant partners of Microsoft, has received a "significant strategic investment" from IPS Solutions, a software g...
Bucur Obor Posts RON16.5M Net Profit In Jan-Sep
Bucur Obor (BUCU.RO), which manages the shopping center by the same name in Bucharest, posted RON16.5 million net profit in January-September 2023, 11.6% higher than in the year-ago period,...
Radisson Blu Hotel In Cluj-Napoca Expects To End 2023 With EUR7M Revenue
Five-star Radisson Blu in Cluj-Napoca, developed by Winners Park Invest and opened in June last year, had an average take-up of 65% in September and expects the same level for October.
Fondul Proprietatea Gets RON650M For Its ENEL Romania Stake
Fondul Proprietatea (FP.RO) on Thursday notified the Bucharest Stock Exchange of having collected RON650 million, following completion of the sale of the sale of ENEL Romania. The fund had m...
Julius Meinl Romania Returns To Profit In 2022
Julius Meinl Romania, one of the biggest players on the premium coffee market, posted RON75.9 million (EUR15.4 million) revenue in 2022, up 42.5% from the previous year’s RON53.2 million (EU...
Interpork Plus Revenue Up 52.7% To Over RON460M In 2022
Interpork Plus, which sells meat and meat preparations and is part of the Carmistin group, owned by the Paraschiv family, posted RON460.5 million (EUR93.4 million) revenue in 2022, up 52.7%...
Black Friday Could Generate 10% Growth In Deliveries For Courier Companies This Year
Black Friday, one of the busiest periods for retailers and parcel delivery companies, could generate a 10% to 15% increase in deliveries for the latter compared with last year, the actors in...
Fondul Proprietatea To Spend Up To RON420M To Buy Back 12% Of Its Share Capital
Fondul Proprietatea (FP.RO) has received approval from the Financial Supervisory Authority (ASF) for a new buy-back program of up 12% of its share capital, the Fund’s manager, Franklin Templ...
Prodcereal Sees 147% Growth In Revenue In 2022
Grain producer Prodcereal in Calarasi County, majority owned by Vasile Stoica (73%) and Lucia Stoica (27%), posted RON93.4 million (EUR19 million) revenue in 2022, up 147% from the previous...