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Loredana Frățilă-Cristescu

Fields
Companies, Capital Market, Retail&Consumer
Writing for ZF since
2011
Articles
9.761
Health

Retail Pharmacy Sales Doubled Since 2008

Romanians spend more than 15 billion lei (EUR3.3 billion) in pharmacies in Romania every year, almost double as much as they did in 2008, when the local economy peaked, ZF has calculated bas...

Loredana Frățilă-Cristescu · 26.01.2016 · 08:47 · 1 min
IKEA Expands On Three Fronts In Romania
Real Estate

IKEA Expands On Three Fronts In Romania

Sweden’s IKEA only had one store in Romania for eight years, but last spring its strategy changed with investment reaching EUR300 million, according to ZF estimates. The group is pursuing th...

Loredana Frățilă-Cristescu · 25.01.2016 · 10:12 · 2 min
McDonald’s Sells Romanian Operations
Companies

McDonald’s Sells Romanian Operations

McDonald’s Romania, the largest player on the restaurant market, has changed owners this weekend when the US McDonald’s group sold the Romanian operations to a Malta-based franchisee, ZF has...

Loredana Frățilă-Cristescu · 25.01.2016 · 00:00 · 2 min
Petrom City Further Development Put On Hold
Real Estate

Petrom City Further Development Put On Hold

OMV Petrom (SNP.RO), the only local oil and natural gas producer, intends to complete the Petrom City project in Straulesti, northern Bucharest, where it moved more than 2,500 employees in 2...

Loredana Frățilă-Cristescu · 25.01.2016 · 00:00 · 1 min
Gral Has EUR3.5M For Investments
Health

Gral Has EUR3.5M For Investments

Private medical service operator Gral Medical has EUR3.5 million earmarked for investments this year, the company said.

Loredana Frățilă-Cristescu · 25.01.2016 · 00:00 · 1 min
More Than 20,000 Foreign Students Enrolled In Romania’s Universities
Health

More Than 20,000 Foreign Students Enrolled In Romania’s Universities

Although regarded as the "black sheep” of Romania’s education system by most employers, the universities of the country have attracted more than 20,000 foreign students, many of whom coming...

Loredana Frățilă-Cristescu · 22.01.2016 · 10:17 · 1 min
Low-Cost Airlines Challenge Tarom’s Grip On Domestic Flights
Companies

Low-Cost Airlines Challenge Tarom’s Grip On Domestic Flights

Three low-cost airlines – Blue Air, Wizz Air and Ryanair, are vying for the top spot now held by national airline Tarom and national railroad passenger carrier CFR Calatori on the segment of...

Loredana Frățilă-Cristescu · 22.01.2016 · 10:12 · 2 min
Grocery Retail In Romania; 5% Of Stores Account For More Than Half Of Sales
Retail&Consumer

Grocery Retail In Romania; 5% Of Stores Account For More Than Half Of Sales

Modern retail accounts for less than one quarter of the total number of grocery stores in Central and Eastern Europe, yet it contributes 75% of the total business, according to ZF’s calculat...

Loredana Frățilă-Cristescu · 22.01.2016 · 10:09 · 2 min
Romania 13th Best Destination For Services Investments In 2016
HR

Romania 13th Best Destination For Services Investments In 2016

Romania is the 13th best destination for investments in services in the world, having climbed five positions in the raking compared with 2014, according to the “Global services location inde...

Loredana Frățilă-Cristescu · 21.01.2016 · 10:21 · 1 min
Erste: BCR Still Has Over EUR1B Worth Of NPL To Sell
Banks-Insurance

Erste: BCR Still Has Over EUR1B Worth Of NPL To Sell

BCR will continue to ”over one billion euros’ worth” of non-performing loans and then focus on growing the business and lending, says Jozef Sikela, member of the Erste Board responsible for...

Loredana Frățilă-Cristescu · 21.01.2016 · 09:55 · 1 min
Macroeconomics

Govt Spends RON15B More In December, Drives Budget Into Deficit

Romania’s general consolidated budget switched from a surplus of 5.3 billion lei (EUR1.2 billion) or 0.76% of the gross domestic product in November 2015 to a deficit of about RON9 billion t...

Loredana Frățilă-Cristescu · 21.01.2016 · 09:53 · 1 min
Samsung: Mobile Phone Sales To Go Up 10% In 2016
Technology &Telecoms

Samsung: Mobile Phone Sales To Go Up 10% In 2016

The local mobile phone market will see about 10% growth in value to more than EUR700 million this year and smartphones will account for 90% of the sales, according to the estimates of the lo...

Loredana Frățilă-Cristescu · 20.01.2016 · 10:34 · 1 min