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Loredana Frățilă-Cristescu

Fields
Companies, Capital Market, Retail&Consumer
Writing for ZF since
2011
Articles
9.761
City Grill Narrows Gap To Top Three Operators On Restaurant Market
Retail&Consumer

City Grill Narrows Gap To Top Three Operators On Restaurant Market

Restaurant and cafe operator City Grill of Dragos Petrescu ended last year with 115 million lei (EUR26 million) revenue, up 28% on 2014 and almost double the 2012 level.

Loredana Frățilă-Cristescu · 26.05.2016 · 09:00 · 1 min
Intel Closes Software Development Center In Bucharest
HR

Intel Closes Software Development Center In Bucharest

US-held Intel will close its software development center in Bucharest that it opened in 2010 and employed about 200 programmers, ZF has found.

Loredana Frățilă-Cristescu · 26.05.2016 · 09:00 · 1 min
300 Entrepreneurs In Oltenia: We Need To Be A Single Voice Before Authorities
Companies

300 Entrepreneurs In Oltenia: We Need To Be A Single Voice Before Authorities

Support for the industry, differentiated taxation for the companies in the manufacturing business and reintroducing vocational schools are the steps that will help domestic capital, the entr...

Loredana Frățilă-Cristescu · 25.05.2016 · 09:00 · 3 min
Dedeman Close To EUR1B Sales In 2015
Retail&Consumer

Dedeman Close To EUR1B Sales In 2015

Do-it-yourself retailer Dedeman is the first Romanian entrepreneurial business to get close to the EUR1 billion revenue mark, which only ten multinationals have hit and overshot.

Loredana Frățilă-Cristescu · 25.05.2016 · 09:00 · 1 min
Footwear Retailer Benvenuti Sees Sales Up To RON19.8M In Q1
Retail&Consumer

Footwear Retailer Benvenuti Sees Sales Up To RON19.8M In Q1

Footwear retailer Benvenuti posted 19.8 million lei (EUR4.4 million) revenue in the first quarter, higher than in the year-ago period and expects 2016 revenue to reach RON90 million.

Loredana Frățilă-Cristescu · 25.05.2016 · 00:00 · 1 min
UK Beats Germany As Destination For Romanians Looking For Work Abroad
Social/Politics

UK Beats Germany As Destination For Romanians Looking For Work Abroad

The United Kingdom beat Germany as a destination for Romanians who left for work abroad in 2014, with 32,500 Romanians going there and Germany only attracting 23,700, 7% more than in 2013.

Loredana Frățilă-Cristescu · 24.05.2016 · 00:00 · 1 min
Renault Looking At Two Offers For Its New Romanian Headquarters
Real Estate

Renault Looking At Two Offers For Its New Romanian Headquarters

Groupe Renault Romania, which has the entire range of operations from car design to car, engine and component manufacturing, sales and logistics on the local market, is looking for a new pla...

Loredana Frățilă-Cristescu · 24.05.2016 · 00:00 · 2 min
Romania’s Banking System Sees Almost RON1.2B Profit In Q1
Banks-Insurance

Romania’s Banking System Sees Almost RON1.2B Profit In Q1

Romania’s banking sector posted 1.17 billion lei (EUR259 million) profit in the first quarter, while assets decreased to RON370.2 billion.

Loredana Frățilă-Cristescu · 24.05.2016 · 00:00 · 1 min
Lidl Has 6.5 Hectares Of Land Up For Sale
Real Estate

Lidl Has 6.5 Hectares Of Land Up For Sale

German-held retailer Lidl, which has almost 200 discount stores in Romania, has put up for sale 14 plots of land and large and medium-sized cities in the country.

Loredana Frățilă-Cristescu · 24.05.2016 · 00:00 · 1 min
Kaufland To Hire 1,000 People In 2016
Retail&Consumer

Kaufland To Hire 1,000 People In 2016

Local modern retail leader Kaufland plans to invest EUR110.6 million into expansion, land and remodeling of existing stores this year, the company officials said.

Loredana Frățilă-Cristescu · 23.05.2016 · 09:50 · 1 min
Romanian Government Stakes In Nuclearelectrica And Romgaz Worth EUR1B Less
Capital Market

Romanian Government Stakes In Nuclearelectrica And Romgaz Worth EUR1B Less

In one year, state-run Nuclearelectrica (SNN.RO) and Romgaz (SNG.RO) stock prices dropped 33% and 38%, which means the Energy Ministry’s stakes are worth about 4.3 billion lei (about EUR1 bi...

Loredana Frățilă-Cristescu · 23.05.2016 · 00:00 · 2 min
Lantmannen Unibake Buys GoodMills' Retail and Bakery Operations
Companies

Lantmannen Unibake Buys GoodMills' Retail and Bakery Operations

Lantmannen Unibake, held by a cooperative of 27,000 Swedish farmers, has bought the retail and bakery operations of GoodMills in Romania (the former Titan company) from Austria’s Raiffeisen...

Loredana Frățilă-Cristescu · 23.05.2016 · 00:00 · 1 min