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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Astra Asigurari Has Only RON3.5M In Its Accounts After 18 Months Of Special Administration
Astra Asigurari, a company the Financial Supervisory Authority (ASF) decided had no solution for other than bankruptcy, only has 3.5 million lei (almost EUR790,000) in its accounts compared...
EKR Elektrokontat Romania To Build Wiring Plant In Targu-Jiu
EKR Elektrokontakt Romania, part of Germany’s Nexans, will invest 80 million lei (EUR18 million) in building a wiring plant in Targu-Jiu, Gorj County (southern Romania). The investment will...
Affidea Group Buys Four Clinics From Local Entrepreneurs
Medical service operator Affidea (formerly Euromedic), which specializes in medical imaging, has grown to 18 clinics in Romania, following takeover of four Phoenix diagnostic imaging centers...
Altex Owner Branches Out Into Software Development
Entrepreneur Dan Ostahie, who owns Romania’s leading computer and electronics retailer Altex, has established a company that will develop software for retail and distribution companies.
Former Acer Romania Country Sales Manager Joins Gersim
One of the best-known managers on the local IT market, who served as country sales manager with Acer Romania until August 2014 and then turned consultant, has joined the country’s largest mo...
Bucharest Stock Exchange Sees Worst August In Four Years
The capitalization of the companies listed on the Bucharest Stock Exchange fell by 11.7 billion lei (EUR2.6 billion) in August because of the panic among investors.
New Leu-Denominated Retail Loans Up 46% In July On Year-Ago Month
Individual customers took out 2.6 billion lei (EUR586 million) new leu-denominated loans in July, RON800 million more than in the year-ago month, while companies borrowed RON1.9 billion wort...
Iaciu Wants To Sell 2,000 Apartments By 2018, Grow On Iasi Office Space Market
Gheorghe Iaciu, the entrepreneur who owns real estate developer Impact Developer & Contractor (IMP.RO), believes he will be able to sell 490 apartments in Bucharest compared with 90 last yea...
Poland’s Answear.Com Hires 31-Year Old Romanian To Run Its Local Operations
Poland's leading online fashion retailer answear.com has hired Raluca Radu to run its Romanian operations.
Skin Media Drops IT Product Distribution, Moves To Personal Care
Skin Media group, known as one of the largest IT&C equipment distributors on the Romanian market so far, ended all the partnerships for distribution of IT products last month.
Olive Oil Market Up 33% In Two Years
The olive oil market will reach more than 200 million lei (EUR45 million) this year, an increase of 20% on 2014 and 33% in 2013. This segment is the fastest growing on the oil and fats marke...
Financial Market Turmoil Halves Mandatory Pension Fund Yields
The high volatility on the financial markets halved the yields of the mandatory private pension funds to an average of 3% this year.