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Loredana Frățilă-Cristescu

Fields
Companies, Capital Market, Retail&Consumer
Writing for ZF since
2011
Articles
9.761
It’s Official: Carrefour Confirms Acquisition of Cora’s Romanian Operations
Retail&Consumer

It’s Official: Carrefour Confirms Acquisition of Cora’s Romanian Operations

French-held Carrefour Group has officially confirmed the acquisition of rival Cora’s stores in Romania, a deal ZF first reported about on Tuesday. The deal includes ten hypermarkets and eigh...

Loredana Frățilă-Cristescu · 27.04.2023 · 21:40 · 1 min
Iulius Group’s Project on Carbochim Site in Cluj-Napoca Now in Permit Securing Stage
Real Estate

Iulius Group’s Project on Carbochim Site in Cluj-Napoca Now in Permit Securing Stage

Cluj-Napoca is the city where real estate developer Iulius is focusing on right now, while Constanta is considered for a future project and Bucharest, too, is on the list of development plan...

Loredana Frățilă-Cristescu · 27.04.2023 · 20:42 · 1 min
OMV Petrom Set to Pay RON2.3B Dividends from 2022’s RON10B Net Profit on June 7
Capital Market

OMV Petrom Set to Pay RON2.3B Dividends from 2022’s RON10B Net Profit on June 7

Romania’s largest oil company OMV Petrom (SNP.RO) on Wednesday secured approval from its shareholders to distribute RON2.3 billion from the RON10 billion net profit of 2022 as dividends. The...

Loredana Frățilă-Cristescu · 26.04.2023 · 23:27 · 1 min
Rompetrol Well Services Approves Dividends with 1.4% Yield from 2022 Profit
Capital Market

Rompetrol Well Services Approves Dividends with 1.4% Yield from 2022 Profit

Rompetrol Well Services (PTR.RO) notified the Bucharest Stock Exchange on Wednesday evening that its shareholders, starting with Kazakhstan’s KMG International, which owns 73% in it, approve...

Loredana Frățilă-Cristescu · 26.04.2023 · 22:47 · 1 min
Romgaz Shareholders Greenlight Dividends with 9% Yield
Capital Market

Romgaz Shareholders Greenlight Dividends with 9% Yield

Natural gas producer and supplier Romgaz (SNG.RO) has notified the capital market of the decision made by its General Meeting of Shareholders on April 26 to distribute the 2022 profit.

Loredana Frățilă-Cristescu · 26.04.2023 · 22:14 · 1 min
Austria’s HS Timber Sells Romanian Company to Ziegler Group
Companies

Austria’s HS Timber Sells Romanian Company to Ziegler Group

Austria’s HS Timber sold its company in Sebes, Romania, to Germany’s Ziegler Group, which has logistics and wood processing operations. With this acquisition, Ziegler Group enters Romania.

Loredana Frățilă-Cristescu · 26.04.2023 · 21:46 · 1 min
Businessman Iulian Dascalu to Operate Family Market via Joint Venture Of US-Romanian Investment Group
Real Estate

Businessman Iulian Dascalu to Operate Family Market via Joint Venture Of US-Romanian Investment Group

Real estate developer Iulius of businessman Iulian Dascalu has established a joint venture with Romanian-American investment group W&E Assets, whose founders include Iasi tech entrepreneur I...

Loredana Frățilă-Cristescu · 26.04.2023 · 20:34 · 1 min
It’s a Deal: Carrefour Buys Cora Out of Romania
Retail&Consumer

It’s a Deal: Carrefour Buys Cora Out of Romania

French-held Carrefour group will take over rival Cora’s operations in Romania in the largest deal in local retail in the last few years, put at EUR70 million to EUR90 million, several source...

Loredana Frățilă-Cristescu · 25.04.2023 · 23:47 · 2 min
One United Properties Greenlights Payment of RON73.1M Dividends From 2022 Profit
Capital Market

One United Properties Greenlights Payment of RON73.1M Dividends From 2022 Profit

Sustainable residential, office, and mixed-use real estate project developer One United Properties on Tuesday held the General Meeting of Shareholders, which approved distribution of the sec...

Loredana Frățilă-Cristescu · 25.04.2023 · 22:55 · 1 min
Former Covalact Boss Cornel Danila Appointed CEO of Agroserv Mariuta
Capital Market

Former Covalact Boss Cornel Danila Appointed CEO of Agroserv Mariuta

Agribusiness company Agroserv Mariuta S.A (MILK.RO)., which owns the Laptaria cu Caimac brand, on Tuesday notified the Bucharest Stock Exchange of changes in its management.

Loredana Frățilă-Cristescu · 25.04.2023 · 21:54 · 1 min
Romgaz Gas Production Down 5% in Q1
Capital Market

Romgaz Gas Production Down 5% in Q1

The hydrocarbon production of Romgaz (SNG.RO), the second largest oil company in Romania declined by 5.4% from 8.45 million to 8.07 million barrel of oil equivalent in the first quarter of 2...

Loredana Frățilă-Cristescu · 25.04.2023 · 21:11 · 1 min
Nuclearelectrica Makes RON130M Term Deposit with Exim Bank
Capital Market

Nuclearelectrica Makes RON130M Term Deposit with Exim Bank

Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Bank a term deposit without extension in the amount of RON130.14 million, the company informed its shareholders and investor...

Loredana Frățilă-Cristescu · 25.04.2023 · 18:45 · 1 min