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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
International Lazar Sees Decline In H1
International Lazar, a freight forwarding company controlled by entrepreneur Ion Lazarus, ended the first half of this year with a 10%-12% decline in revenue, amid lower demand for freight f...
Philip Morris International To Invest $130M In Romanian Plant
Philip Morris International (PMI), one of the largest manufacturers of cigarettes and IQOS heated tobacco products, will invest $130 million in its plant in Otopeni, near Bucharest, Romania,...
Inditex Confirms Arrival Of Lefties Brand In Romania
Spain’s Inditex Group, which owns some of the best-known fashion brands in the world, among which Zara, confirms the opening of the first Lefties store in Romania. ZF has recently reported t...
Softbinator Technologies Ends H1 With RON17.6M Revenue And RON556,000 Loss
Softbinator Technologies (CODE.RO), a group of IT companies, ended the first half of 2023 with RON17.6 million revenue, an increase of 57% on the year-ago period, as well as RON556,000 loss,...
Accor Set To Open ibis Styles Hotel In Pitesti
Accor, one of the largest hotel chains in the world, will open a new ibis Styles Hotel in Pitesti, the group said. The hotel chain signed a franchising agreement with HR Eden 2007, which run...
ACAROM: New Car Registrations Up 19% To 99,466 In January-August 2023
New car registrations in Romania increased by 2.82% to 12,891 in August 2023 compared with August 2022, and by 19.3% to 99,466 in January-August 2023, Romanian carmakers’ association ACAROM...
ASF Licenses First Digital Crowdfunding Platform For Real Estate Developers
The Financial Supervisory Authority (ASF) has licensed the first digital crowdfunding platform in Romania, which real estate developers can use to secure funding from investors for up to 60...
Infinity Capital Investments Seeks To Sell 5,700 Sqm Of Flaros Land In Bucharest
Flaros (FLAO.RO), a company that leases out its own space and is held by Infinity Capital Investments (formerly SIF Oltenia), has secured approval from shareholders to sell four plots of lan...
Braiconf Posts RON820,100 Net Profit In H1
Textile manufacturer Braiconf (BRCR.RO) announced RON820,128 net profit in the first half of 2023, up 8.5% compared with the year-ago period, while revenue stood at RON13.34 million, compare...
Patria Bank Makes RON11.2M Profit In H1
Patria Bank (PBK.RO), a lender owned by private equity fund Emerging Europe Accession Fund (EEAF), ended the first half of 2023 with RON11.2 million net profit, up 10.9% from the same period...
Foraj Sonde Videle Posts 66% Growth In Revenue To RON77M In H1
Oil drilling company Foraj Sonde Videle (FOJE.RO) posted RON77.1 million revenue in the first half of 2023, up from RON46.7 million in the same period of 2022 and went from a loss of RON2 mi...
Cemacon Ends H1 With RON79M Revenue And RON28.7M Net Profit
Construction materials manufacturer Cemacon (CEON.RO), a company controlled by Dedeman's Paval brothers, posted RON79 million revenue in the first half of 2023, down 36% compared with the sa...