Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Top Performing Mutual Fund Posts 40% Yield In 2015
Mutual fund Audas Piscator, managed by Atlas Asset Management, is the top performer of 2015, with a 40% yield in euros it got from the bet on the rise of the Swiss franc against the euro.
Tinmar Seeks International Expansion, Entry On Household Consumer Segment
Tinmar Ind, a company whose revenue could reach EUR700 million from electricity, natural gas and oil product trade in 2015, says one of the main avenues for development it will pursue this y...
Leu Stable And Likely To Gain Ground On Euro In 2016
The leu/euro exchange rate should remain stable this year, with a clear trend to gain ground against the euro, as Romania’s central bank might pursue a more predictable policy and less volat...
OMV Replaces Gabriel Selischi At The Helm Of Petrom’s Upstream Activity
Austria’s OMV group, the majority shareholder of OMV Petrom has replaced Gabriel Selischi, who was in charge of Petrom’s Upstream activity, with German executive Peter Zeilinger, before the...
Lending To Agriculture Sector Sees Highest Growth Rate In 2015
Loans to the agricultural sector saw the fastest increase in January-November 2015, compared with the same time in 2014, 8%, while other sectors like industry and services saw only modest in...
Only 22% Of Romanian Farms’ Milk Production Reaches Dairy Plants
Only 22% of the milk produced by Romanian farmers reaches local plants for processing, a Eurostat survey reveals. Romania therefore has the widest gap between farms and plants in Europe, con...
Romanians Bought Almost EUR4B Worth Of Cars In 2015
The local auto market reached more than EUR3.7 billion last year, according to ZF calculations, EUR2.5 billion of which old cars imported from Western Europe.
Oscar Downstream Sees Revenue Up To EUR430M In 2015
Oscar Downstream, a company specializing in wholesale fuel distribution, has grown to 1,300 in-house fueling stations (fueling stations installed at its customers) and a network of 30 regula...
Former New Yorker Area Manager Takes Reins Of Second Hand Clothing Retailer
Mihai Sindrilaru, the Romanian executive who developed the New Yorker fashion brand in Romania over the past eight years, has become international retail manager for five countries of second...
Three Investors Looking To Buy Intercapital IM
Three investors, among which a commercial bank, are interested to buy asset manager Intercapital Investment Management from brokerage firm Intercapital Invest, market sources say. A new play...
Kaufland Headed For EUR2B Sales
German-held discount hypermarket chain Kaufland ended 2015 with EUR2 billion sales generated by a network of 107 stores, according to ZF estimates, following a very good December helped by t...
More And More Companies Switch To Private Medical Insurance
The number of large companies switching from clinic memberships to private medical insurance for their employees increased last year and the upward trend might continue in 2016, as well, fol...