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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Retail Leu Deposits Reached Lowest Level After 2008 In November
Individual customers made 6.4 billion lei (EUR1.41 billion) deposits with local banks in November, the lowest level of leu-denominated monthly savings since December 2008, Romania’s central...
Romania Plans To Export Black Sea Gas While 2/3 Of Households Not Connected To Gas Network
While the authorities are already working on export routes for the Black Sea natural gas, two in three homes in Romania use propane tanks or wood for heating and cooking.
Decathlon Now Covers All Key Areas In Bucharest
Decathlon, the leader of the local sporting goods retail market, is now covering all the key areas in Bucharest, following the opening of the store in Baneasa, in the north of the city. This...
Five Leading Courier Service Companies Ended 2015 With More Than 10,000 Employees
Five leading courier service companies in Romania, including FAN Curier and Urgent Cargus, had more than 10,000 employees and independent contractors together at the end of last year, after...
One Third Of Insurance Brokers To Cease Operations This Year
Almost one third of the 450 insurance brokers operating in Romania will have to close up shop this year due the stricter capital requirements of the Financial Supervisory Authority, accordin...
Romania Starts 2016 With Lowest Leu Loan Cost Ever
The year 2016 came with a first for the post-communist interbank market in Romania: the three-month ROBOR, used as a reference for the cost of leu loans fell to the all-time low of 0.98% per...
Otter Distribution Sees Double-Digit Growth In 2015
Otter Distribution, one of the largest local footwear retailers, ended last year with EUR26 million sales, an increase of more than 10% on 2014. The growth drivers were the rise in consumer...
Romanian Consumers Spent EUR3.5B In Stores In December
December generated EUR3.5 billion to EUR3.7 billion sales for retailers in Romania and most of the money went to food, while the rest went to clothing, cosmetics, computer and electronics pr...
Catena Overshoots 550 Retail Pharmacy Mark
Catena pharmacy network, the retail business of the Fildas group of entrepreneur Anca Vlad, ended 2015 with more than 550 pharmacies, compared with 500 at the beginning of the year.
Cris-Tim Group Aims For EUR120M Revenue In 2016
Cris-Tim, one of the largest meat industry groups in Romania, is headed towards EUR120m revenue in 2016, after having posted EUR105 million sales last year.
SIF Moldova Develops Residential Complex In Bucharest
Regional investment fund SIF Moldova (SIF2.RO), which manages 1.5 billion lei (EUR337 million) assets, plans to start developing a residential complex on one of the plots of the former texti...
Romanians’ Migration Cost Romania’s Economy EUR1B In 2014
Almost 185,000 Romanians left Romania in 2014 (according to the latest data available) and UK became the second most important destination for emigration after Italy.