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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Top Ten Road Carriers Saw Almost RON3B Revenue In 2015
The ten largest road carriers in Romania, which own thousands of trucks together, posted 2.92 billion lei (EUR655 million) revenue in 2015, an increase of 14% on 2014, according to Finance M...
Romanian-Owned SaladBox Expands To US
SaladBox, a quick service restaurant brand developed by four entrepreneurs in Cluj (NW Romania), has grown to more than 40 restaurants in Romania, Hungary, Germany and Algeria and is getting...
Romania’s Footwear Export Close To Decade Low
Romania exported $1 billion worth of shoes last year and its main trade partners were Italy, Austria, Germany, Slovakia and France. It is one of the world’s biggest footwear manufacturers bu...
Former Manager Buys Casa Brutarilor And Belforno Fresh Stores
The former manager of the bakery products stores Casa Brutarilor and Belforno Fresh, Dragos Serb, has taken over the 45 stores under the two brands from Goodmills Romania (the former Titan S...
Banca Transilvania Sees Profit Up 141% In H1
Banca Transilvania (TLV.RO), the third largest bank in Romania by assets, saw an almost 50% rise in operating income in the first half, largely because of the interest income and posted 458....
Second Tier Fashion Brands See Over RON1B Sales From 450 Stores In Romania
On a market dominated by Inditex (Zara), H&M and C&A, whose sales stand at 2 billion lei (EUR449 million) generated by 200 stores, there are also second tier brands, both local and internati...
Mahle To Hire 400 People In Timisoara
German-held Mahle Componente de Motor Timisoara, one of the largest exporters in the Timis County (western Romania) plans to invest a new plant to boost production capacity and meet rising d...
Ten Largest Companies To Go Insolvent In H1 Posted RON2B Losses In 2015
The ten largest businesses that went insolvent in the first half posted about 2 billion lei (EUR448 million) losses in 2015, almost as high as their revenue. These companies employ about 15,...
Whirlpool To Introduce Premium Home Appliances Brand In Romania
Home appliances manufacturer Whirlpool will introduce a new brand in Romania, KitchenAid, positioned on the premium segment. The brand will be available as all the other brands of the group...
Kaercher To Start Manufacturing In Romania In September
German-held Kaercher group will begin production at its Curtea de Arges plant in southern Romania in September. The plant will make vacuum cleaners for industrial and household use.
UPC Romania’s CEO Robert Redeleanu To Also Supervise Hungarian Operations
Robert Redeleanu, who became chief executive officer of the cable TV company UPC Romania in July 2015, will also take the reins of the Hungarian subsidiary of UPC’s owner US-held Liberty Glo...
Astra Rail Management Gmbh Holds 25% Of Jolidon’s Debt
German entrepreneur Thomas Manns, who has previously bought the railroad car plants of businessman Cristian Burci via Astra Rail Management Gmbh, owns almost one quarter of the confirmed deb...