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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Cargus Expects 20% Growth In Revenue In 2023
Cargus, one of the largest parcel delivery companies in Romania, expects 20% higher revenue in 2023, the company said. This year’s plans are to expand to other countries in Europe.
Lion Capital Sells 5% In Argus Constanta For RON4.44M
Lion Capital (LION.RO), formerly SIF Banat-Crisana (SIF1.RO) sold its 5% stake in vegetable oil producer Argus Constanta (UARG.RO) in the June 2 session, a report to the Bucharest Stock Exch...
Norofert Gets RON5M Loan From CEC Bank
Romanian producer of organic farming inputs Norofert (NRF.RO) has notified shareholders about taking out a RON5 million loan from CEC Bank to use for working capital, a report to the Buchare...
Antibiotice Iasi Gets RON4.1M Funding For Photovoltaic Park
Antibiotice Iasi (ATB.RO), Romania’s largest producer of generic drugs, on Wednesday notified the Bucharest Stock Exchange of having received RON4.08 million from the Ministry of European In...
TotalSoft Posts 23% Growth In Revenue In Q1, 2023
TotalSoft, one of the largest software developers in Romania, saw a significant rise in sales in the first quarter of 2023, the company said in a release.
Three-Month ROBOR Starts June Stuck At 6.55%
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, remained flat at the start of J...
Intesa Sanpaolo Romania Posts EUR2M Net Profit In Q1
Intesa Sanpaolo Romania, the local subsidiary of Italy’s banking group by the same name, posted EUR2 million net profit in the first quarter of 2023, a report of its parent group shows.
Dairy Producer Carmo-Lact Prod Sees Revenue Up 32% To RON209.4M In 2022
Carmo-Lact Prod (Bistrita-Nasaud), which makes the Monor dairy products, posted RON209.4 million (EUR42.2 million) revenue in 2022, an increase of more than 32% on the previous year, ZF has...
Hidroelectrica Officially Announces Intention To Go Public On Bucharest Stock Exchange
Romania’s largest power producer Hidroelectrica on June 6 officially announced intention to go public on the Bucharest Stock Exchange through a sale of up to 20% of the stake held by minorit...
Liberty Galati Posts RON822M Loss In 2022
Liberty Galati, the largest integrated steel producer in Romania, posted RON822 million loss in 2022 compared with RON1.4 billion net profit in 2021, Finance Ministry data show.
Romania Forex Reserves Shrink To EUR53.08B On Month In May 2023
Romania's foreign exchange reserves stood at EUR53.08 billion in May 2023, lower than the EUR53.34 billion in April, central bank data showed on Friday (June 2).
Paval Holding Posts RON1.7B Revenue And RON1.5B Net Profit In 2022
Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, posted RON1.7 billion revenue and RON1.52 billion net profit in 2022. In comparison, the company, which its ow...