Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Luxury Watch Retailer EraVault Opens First Store In Bucharest
Luxury watch retailer EraVault has opened its first store in Bucharest, in a EUR250,000 investment.
Alpha Bank Romania Posts EUR11M Net Profit In Q1
Alpha Bank Romania posted EUR11 million net profit in the first quarter of 2023, while its assets reached EUR4.4 billion, 13% higher than in the year-ago period.
Ascott Group’s The Crest Collection Hotel Brand Enters Romania Via Partnership With Forty Management
Real estate developer Forty Management has signed an agreement with Ascott hotel chain held by Singapore’s largest real estate investment company to bring The Crest Collection brand to Bucha...
Alpha Bank In Talks To Buy Orange Money IFN Romania
Alpha Bank, one of the ten largest banks in Romania, is in talks with telecommunications group Orange over buying Orange Money IFN Romania, financial market sources told ZF.
Footwear Retailer Benvenuti Sees 31% Growth In Revenue To RON30.8M In Q1
Footwear retailer Benvenuti posted RON30.8 million revenue in the first quarter of 2023, an increase of about 31% on the year-ago period, the retailer said.
Altex Plans To Open At Least 14 New Stores In 2023
Computer and electronics retailer Altex, the leader of the local market, has budgeted EUR30 million investments for this year, which will go mostly to buying land and building stores. The am...
Rompetrol Well Services Appoints Batyrzhan Tergeussizov Chairman Of The Board Of Directors
Rompetrol Well Services (PTR.RO), Rompetrol’s oil services division, has appointed Batyrzhan Tergeussizov Chairman of the Board of Directors for a three-year term starting May 1, 2023.
Bittnet Seeks to Raise RON5M via Bond Issue
Bittnet Systems (BNET.RO), a group of IT companies listed on the main market of the Bucharest Stock Exchange, has notified investors that its Board of Directors decided to conduct a primary...
Small Investors Buy RON2.9M Worth of Shares in First Day of Agricover IPO
Small investors bought about RON2.9 million worth of shares in the first day of the Agricover Holding initial public offering on the Bucharest Stock Exchange, Thursday, May 4, 2023, ZF has f...
Hungary’s OTP Starts Probing Market for Interest in OTP Bank Romania
Hungary’s OTP Bank Group, one of the largest banking groups in the region, has started to discreetly probe the market to assess interest from other banks to buy OTP Bank Romania, banking sou...
EY Assisted Carrefour in Acquisition of Cora’s Romanian Operations
EY assisted the Carrefour Group in the signing of the agreement with Louis Delhaize Group to buy the latter’s Romanian business, which includes 10 Cora hypermarkets and 8 Cora Urban stores,...
Carrefour Romania Sales Rise Almost 15% to EUR638M in Q1
French-held Carrefour Group, which has more than 400 stores under different formats in Romania, has expanded its network in the country by 36 stores in the past year (April 1, 2022 – March 3...