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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
2015, Cora’s Third Year In The Red In A Row
Cora Romania hypermarket chain ended last year with 40 million lei (EUR9 million) losses, 60% higher than in 2014.
Axxess Capital In Talks To Sell Paint Maker Deutek
Private equity firm Axxess Capital run by Romanian Horia Manda is in talks to sell paint manufacturer Deutek for EUR40 million to EUR50 million, market sources say.
Tax Authority: We Found EUR1B Taken Out Of Romania Via Transfer Pricing
Companies export profits from Romania via overpriced acquisitions, management fees and even via millions of euros in fees for lawyers and consultants.
Radisson Owner: We Are Looking At Cities With More Than 200,000 People In Romania
The Rezidor group, one of the world leading hotel businesses, whose brands include Radisson Blu and Park Inn by Radisson, wants to expand in the cities of more than 200,000 in Romania and ha...
Artic Owner Plans To Build Third Plant In Romania
Turkish Arcelik group, the owner of home appliances manufacturer Arctic, wants to turn Romania into a European manufacturing and export hub so it plans to build a third plant in Romania, mar...
Companies In Romania’s Economy Have EUR300B Assets
The assets of all the companies in Romania’s economy as shown in the 2015 financial statements of the 625,000 businesses operating in the country are worth 1,321 billion lei (almost EUR300 b...
Private Labels Contribute EUR200M To EUR250M To Kaufland’s Sales
Private labels account for about 13% of the products sold in Kaufland stores. If they also contribute 10% to 13% of sales, they generate EUR200 million to EUR250 million of the retailer’s re...
Number Of Courier Service Industry Employees Up 5,000 On 2008
Courier service industry companies had more than 12,600 employees last year, almost 5,000 more than in 2008, as the industry was one of the least affected by the economic crisis, according t...
NN Asigurari Expects Up To 5% Growth In 2016
NN Asigurari, the largest life insurance company in Romania, seeks growth of up to 5% in gross written premiums this year, which means revenue should reach 660 million lei (EUR148 million) a...
Instead Of Urbanizing, Romania Is Going Rural
More than 100,000 Romanians move from urban to rural areas every year and 27% fewer move from rural to urban areas.
Automobile Dacia Drops Tinmar For CEZ To Fill Its Power Needs
Automobile Dacia, the largest company in Romania and also the largest local exporter, will be buying electricity from Czech-held CEZ for one year.
Romania Ranks 14th Among World’s Footwear Exporters
Romania is known as one of the largest shoe manufacturers in the world, ranking 14th among the world’s exporters with $1.3 billion worth of footwear shipped abroad.