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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Penny Market Plans To Expand At A Rate Of 20 To 25 Stores A Year
Discount store operator Rewe Romania, which has two brands on the local market – Penny Market and XXL Mega Discount, wants to open 20 to 25 stores annually over the next few years for a tota...
Dacia Is Heading Towards RON20B Revenue
Carmaker Automobile Dacia’s revenue is close to 20 billion lei (almost EUR4.5 billion) in 2015, which puts it farther ahead of OMV Petrom SA, the largest company in Romania by revenue for ye...
Most Analysts Expect Romania’s Central Bank To Keep Key Rate Unchanged In 2016
Most analysts expect Romania’s central bank (BNR) to keep the key rate at the all-time low of 1.75% this year, but signs of economy overheating and inflation returning to positive territory...
Hidroelectrica Profit Stays Above RON1B
Hydropower producer Hidroelectrica, the most valuable state-owned company in Romania, managed to keep its gross profit above the one billion lei (EUR221 million) mark last year, despite a de...
Profi Becomes Expansion Champion Of 2015
Modern retailers opened almost 200 new stores in 2015, keeping the same expansion pace as in the last few years. They mostly opened smaller stores, that is supermarkets and convenience store...
100 Trends for 2016
Consumer spending will increase because of the VAT cut, and the gross domestic product is headed for overheating. Leu loan interest rates will go up towards the end of the year. The exchange...
JC Flowers Takeover Of Piraeus And Carpatica Falls Through
What should have been the most important event of 2015 in the Romanian banking sector, the entry of private investment firm JC Flowers via the acquisition of two banks, Piraeus and Carpatica...
Currency In Circulation Hit Record High In November
The currency in circulation, which contributes directly to the development of the informal economy, rose to an all-time high of 45.5 billion (EUR10 billion) in November, an increase of 17% o...
Popoviciu Put In Charge Of RCS&RDS Energy Company
Valentin Popoviciu, who this year was promoted to vice-president of RCS&RDS, the largest cable TV company in Romania, has replaced Ioan Bendei at the helm of Foto Distributie SRL, one of the...
2015 In Review: Ten Most Important Events In Insurance Industry
2015 was the most challenging year of the insurance industry, marked by Astra’s bankruptcy, stress tests and legislative changes.
Noriel: Tablets, Cars And Licensed Products 2015 Best-Sellers
The best-sellers of 2015 were NorielPad tablets, iDrive cars and licensed merchandise such as Frozen products, toy retailer, distributor and manufacturer Noriel announced.
Decathlon Orders 1 Million Bicycles From Velocity In 2016 And 2017
Bicycle plant VeloCity Resita in Caras Severin County (SW Romania) has received orders to make one million bicycles over the next two years and will have to hire 50 more people to complement...