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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Mega Image And Decathlon Set Up Shop Near Baneasa Shopping City
Mega Image supermarket chain and sporting goods retailer Decathlon are developing a new project across the street from the Ikea store and the Baneasa Shopping City.
Loan To Deposit Ratio Reaches 93% In May
The loan to deposit ratio, one of the indicators of the lending potential of the banking system, reached 93% at the end of May, the highest this year, driven by the resurgence of loan sales...
VAT Revenue Up 17% In Jan-May
The value added tax revenue in the first five months of the year was 17% higher than in the year-earlier period, and the 3.5 billion lei (EUR779 million) surplus is enough to offset the decl...
Napolact Expects Another Year Of Double-Digit Growth
Napolact, the flagship brand of the local subsidiary of Dutch group FrieslandCampina and one of the oldest Romanian dairy brands, might end another year with double-digit growth in sales vol...
Inditex Revenue Close To EUR200M In Romania
Spanish-held Inditex group, which operates via seven fashion brands in Romania, came close to EUR200 million (872.6 million lei) revenue last year, an increase of 12% without opening a singl...
Dedeman Starts Hiring For Second Store In Timisoara
Bacau-based do-it-yourself retailer Dedeman, the largest entrepreneurial business in Romania, has started looking for people to hire at its new store in Timisoara. This is the second store o...
BriseGroup Aims For 25% Growth
Agribusiness company BriseGroup of Constanta businessman Marius Bucur targets a 25% increase in revenue to almost 1.6 billion lei (EUR359 million) this year, after climbing to fourth place a...
Sales Of Electric Cars Are On The Rise
A number of seven electric cars have been sold in Romania in the first five months of 2015, while last year’s sales stood at nine such units, according to the Automotive Manufacturers and Im...
Wind Farm Developer Monsson Expands Into Turbine Servicing Business
The Monsson group of businessman Emanuel Muntmark, the largest local wind farm developer, ended last year with EUR50 million revenue, an increase on 2013 and might reach about EUR60 million...
Xavier Piesvaux, Mega Image: We’ll Expand To 500 Stores In Bucharest
Xavier Piesvaux came to Romania a decade ago when the Mega Image network numbered 19 stores and during his term the retailer became the largest in Romania, growing to 420 stores under severa...
Intersport Sees 15% Increase In Sales
Sporting goods retailer Intersport, which has 28 stores in Romania, has seen sales up 15% this year, driven by consumer spending rebound and by some of the steps it took a while ago.
Smartphone Penetration Rate Up To 40% In Romania, Still Lagging Behind EU’s
Smartphones, which became available on the Romania market about a decade ago, reached a penetration rate of 40% at the end of 2014, up from 29% at the end of 2013.