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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Romanian M&A Market Down In Volume And Value In H1
The Romanian M&A market is starting to feel the impact of the global and regional economic context in 2023, after a good year for local deals last year, especially in the energy and IT secto...
Romanian Tech Startup Druid AI Secures $30M Funding
Druid AI, a startup developing AI-powered intelligent virtual assistants for companies, established by a team led by entrepreneur Liviu Dragan in 2018, has secured new funding – a series B r...
OMV Petrom Shareholders Approve RON2.8B Special Dividends
OMV Petrom (SNP.RO) shareholders starting with Austria’s OMV, which owns 51% in the company, on September 12 approved distribution of RON2.8 billion special dividends or RON0.045/share.
Emerson Sees Revenue Up 29.3% To RON1.396B In 2022
Global technology and software company Emerson, part of the US Emerson Group, posted RON1.396 billion (EUR283.3 million) revenue in 2022, up 29.3% on the previous year, according to ZF calcu...
Delaco Distribution Posts 25.5% Growth In Revenue To RON559.3M In 2022
Delaco Distribution, owned by the France’s Savencia Fromage & Dairy Group, posted RON559.3 million (EUR113.4 million) revenue in 2022, up 25.5% from the previous year’s RON445.7 million (EUR...
McWin Capital Partners Takes Over Popeyes Franchise In Romania Via Rex Concepts
Private investment firm McWin Capital Partners has become the sole franchisee of the Popeyes brand in Romania, via fast food restaurant platform Rex Concepts.
George Adragai Becomes Sole Owner Of Luca Pretzel Shops
Entrepreneur George Adragai has become the sole shareholder of Luca's pretzel shop chain after Cosmin Postole retired from the business, official data shows. The two co-founded the business...
Simtel Team Sees Consolidated Net Profit Up 119% To RON6.5M In H1
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national leader in renewable energy, made RON6.5 million...
Yazaki Closes Plant In Buzau, Cuts Jobs In Ploiesti
Yazaki Group, one of the largest automotive component suppliers, on Thursday announced it would adjust production capacity given the current situation of the global market, where the electri...
Hosiery Manufacturer Ciserom Sees Growth In Revenue, Returns To Profit In 2022
Hosiery manufacturer Ciserom in Sebes, Alba County, posted over RON19 million (EUR3.8 million) revenue in 2022, up 4.7% on the previous year, according to ZF calculations based on Finance Mi...
Old Three-Room Apartment Prices In Bucharest Up Again In August
The asking prices of old three-room apartments in Bucharest increased in August after a slight decline in July.
Wizrom Software Posts 8% Growth In Revenue To Over EUR1.3M In 2022
Business software developer Wizrom Software ended 2022 with more than EUR1.37 million revenue, an increase of over 8% year-on-year, Finance Ministry data show.