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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
BCR Prepares to Sell BCR Chisinau to Republic of Moldova’s Victoriabank
BCR has signed an agreement with Victoriabank – one of the largest in the Republic of Moldova, controlled by Banca Transilvania and EBRD, for the sale of the entire stake in BCR Chisinau.
Top Ten Banks in Romania Increased Assets by 5% to 56% in 2022
The ten largest banks by assets in Romania increased their assets at different paces in 2022, going from 5% to 56%, while the net assets of the entire banking system increased by almost 10%...
Aquila Part Prod Budgets 10% Growth in Revenue, 9% Decline in Profit in 2023
Distribution and logistics company Aquila Part Prod (AQ.RO) expects RON2.4 billion revenue in 2023, up from the RON2.2 billion of 2022.
OTP Bank: Romania’s Economic Growth to Slow Down in H1, Rebound in H2
Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a...
Caru’ Cu Bere Restaurant Overshoots EUR10M Sales Mark in 2022
Caru’ cu Bere restaurant in Bucharest saw record high sales of more than EUR10 million in 2022.
Alro Slatina Budgets 79% Lower Net Profit for 2023
Aluminum smelter Alro Slatina (ALR.RO) has budgeted $783 million (RON3.6 billion) revenue for 2023, an increase of 15.5% on 2022, $82 million (RON374.8 million) EBITDA, down 51.2%, pre-tax p...
Six Million Fondul Proprietatea Shares Change Hands for RON12.72M
A Deals transaction was recorded by the Bucharest Stock Exchange on Tuesday at 3:46 p.m., which involved six million shares of Fondul Proprietatea (FP.RO) worth RON12.72 million.
JYSK Opens New Store in Campulung Muscel
Furniture and home products retailer JYSK continues its expansion plans in Romania and opens a new store in Campulung Muscel on Thursday, March 30, bringing its network to 131 stores in the...
Finance Ministry Raises RON556M from Banks on March 27
Romania's Finance Ministry raised RON556 million from banks on Monday (March 27) selling bonds maturing in 2027, at an annual average yield of 7.15%.
Unilever Completes EUR40M-EUR50M Investment in Ploiesti
Unilever, one of the world's largest producers of consumer goods, has completed its investment in the development of food production in Prahova County (Ploiesti) in Romania, ZF sources say....
Eximbank SA Becomes Exim Banca Romaneasca
Banca de Export Import a Romaniei (Romania’s Export-Import Bank) - EximBank SA will become Exim Banca Romaneasca on May 10, 2023, as the change of the bank's name and logo were approved by t...
AirConnect Launches First Regular Flights, from Bucharest and Cluj
AirConnect, an airline established by Tudor Constantinescu and four other private investors in 2021, launched its first scheduled domestic and international flights on Monday.