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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Cocor Posts 11% Decline In Profit In H1
Cocor (COCR.RO), the company that manages the shopping center by the same name in downtown Bucharest, posted RON993,546 net profit in the first half of 2023, down 11.1% on the year-ago perio...
Italy’s Intesa In Talks To Buy First Bank, Competes With Vista Bank Over It
Italy’s Intesa Group, which owns a bank in Romania, is in talks to buy First Bank, competing with Vista Bank over it, banking sources say.
Mercedes-Benz Puts Natalie Thompson In Charge Of Romanian Operations
Natalie Thompson (32), currently Head of Marketing and Communications at MBGD in Dubai, will take over as CEO of Mercedes-Benz Romania from the fourth quarter of 2023.
Deloitte: Romania Ranks Third Among Countries With Cheapest Housing In Europe
Romania ranks third among European countries with cheapest housing, after Bosnia and Herzegovina and Greece, as the average price of a new home is EUR1,417/square meter, up from EUR1,266/squ...
Agista Buys Minority Stake In Medical Clinic Network Centrokinetic
Romanian-held growth equity fund Agista, which is in the process of being licensed by Romania’s Financial Supervisory Authority has signed a contract to buy a minority stake in medical clini...
Sale Of OTP Bank Romania Makes Progress, Final Bids Expected For Early September
The sale of OTP Bank Romania is going ahead, and in Bucharest these days there are "management presentations" between OTP and the three banks it is in talks with.
Moara Cibin Switches To Profit In H1
Bakery company Moara Cibin (MOIB.RO) held by Boromir, ended he first half of 2023 with RON2.7 million net profit, compared with a loss of RON184,700 in the year-ago period, on RON113.5 milli...
MAM Bricolaj Posts 3% Decline In Sales To RON26.9M In H1
DIY retailer MAM Bricolaj (MAM.RO), which sells furniture materials and accessories, ended the first half of 2023 with RON200,409 net profit, a 60% decline compared with the first half of 20...
Fast-Food Chain Fryday To Grow To 8 Restaurants By End Of 2023
Romanian-held fast-food chain Fryday will grow to eight restaurants by the end of November, in only four years after opening. Its founder, Suceava entrepreneur Lucian Florea expects EUR5 mil...
Integrisoft Solutions Posts 9% Decline In Revenue To Less Than EUR5M In 2022
Integrisoft Solutions, a developer and provider of software applications and solutions for central and local public administration, posted 9% decrease in revenue to EUR4.5 million (RON22.7 m...
Finance Ministry Raises RON674M From Banks On August 21
Romania's Finance Ministry raised RON674 million from banks on Monday (August 21), selling government paper with a nominal value of RON500 million due in October 2028, at an annual average y...
All Seven Romanian Companies Remain In FTSE Global All Cap
Global provider of benchmarks, analytics, and data solutions FTSE Russell announced the results of the six-month review that will be implemented as of September 18, 2023. All seven Romanian...