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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Value4Capital Buys Hearing Aid Retailer Clarfon
Private equity firm Value4Capital (V4C) has bought the Clarfon retail chain, which has more than 50 stores in Romania. The deal was concluded with the help of ACP Credit, which specializes i...
Former Somaco CEO Sorin Miron Moves To Rival Prefab
Sorin Miron, the former CEO of autoclaved cellular concrete block maker Somaco Grup Prefabricate, became chief executive officer of Prefab, a company in the same business, at the end of 2022...
Elis Pavaje Revenue Rises To Over EUR77M In 2022
Paver maker Elis Pavaje (Alba County) posted RON380.7 million (EUR77.2 million) revenue in 2022, an increase of 21.5% on the previous year, ZF has calculated from the Finance Ministry data.
Accent Travel Ends 2022 With RON138M Sales
Accent Travel, an agency specializing in business travel, ended last year with RON138 million sales, its officials said, and expects a 43% increase in the sales volume in 2023.
Simtel Team Appoints Mihai Tudor CEO
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and national leader in the renewable energy field, announced ap...
Greece’s AVAX Signs EUR673.5M Contract With MGH For New Mintia Power Plant
Greece’s AVAX Group has signed a EUR673.5 million contract with Iraq’s Mass Group Holding (MGH) to design, build and make operational the combined cycle power plant in Mintia, near Deva, it...
JW Marriott Hotel In Bucharest Doubles Revenue To RON154M In 2022
JW Marriott Hotel in Bucharest doubled its revenue to RON154 million in 2022, Finance Ministry data show. Last year’s revenue was its highest ever.
Artrom Steel Tubes Posts 32% Growth In Revenue To RON1.9B In 2022
Artrom Steel Tubes (formerly TMK Artrom), a manufacturer of industrial pipes, ended last year with RON1.9 billion (EUR386 million) revenue, an increase of 32% year-on-year, its officials sai...
Arobs Group Doubles Revenue In Q1, 2023
Arobs Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange, posted consolidated operating revenue of RON133.2 million in the first quarter...
Adobe Revenue Increases 34% In Romania In 2022
US-held Adobe, one of the largest software businesses in the world, mainly known for its photo and video editing applications (Photoshop, Lightroom and Premiere Pro), posted growth in revenu...
Huawei Revenue Up 31% To RON1.9B In Romania In 2022
China’s Huawei saw growth in Romania in 2022 despite the restrictions it is facing on the 5G technology segment and the decline of the smartphone business due to being denied access to hardw...
One United Properties Shares To Be Included In Two MSCI Indices As Of June 1
The shares of real estate developer One United Properties (ONE.RO) will be included in the MSCI Frontier Markets Small Cap and MCSI Romania Small Cap indices, the company said in a release.