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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Card Payments At Merchants Reach RON8B In Jan-March
billion) from cash dispensers in January-March, while payments at merchants made with the 11 million active cards amounted to RON7.8 billion, an 18% increase on the year-ago period.
Advent International Expects Non-Binding Bids For Regina Maria This Week
Private equity fund Advent International is expecting non-binding offers for the majority stake in private medical service provider Regina Maria, the only business it has left in Romania.
Bucharest Accounts For One Third Of Romania’s Restaurant And Coffee Shop Market
Bucharest accommodates more than 3,400 restaurants, coffee shops and bars, whose sales amount to almost 2.5 billon lei (EUR562 million) and is the most important market for this industry by...
ArcelorMittal Galati To Shed Jobs For 3-4 More Years, CEO Says
ArcelorMittal Galati, the largest steel plant in Romania, will continue to shed jobs for three to four years from now. This is a vital condition for the survival of the plant that had 27,000...
Ghetea: Most Difficult Moment Of My Career Was Announcing Romania’s Default
Radu Gratian Ghetea, who is due to retire from his position as CEC Bank president after eight years, says the most difficult moment of his entire 43-year career in the banking sector was the...
Dell Relies On SME Sector For Growth In Romania
US computer technology company Dell wants to gain ground in Romania with its entire range of IT solutions for small and medium-sized companies and for major corporations.
Atos Doubles Number Of Employees In Romania
French-held Atos, one of the leading IT solution integrators in Europe, doubled the number of employees in Romania to more than 1,000 last year. Atos has three centers in the country, in Buc...
Ruris Plans To Make Small Tractors In Craiova
Agricultural machinery manufacturer Ruris, a company owned by Romanian entrepreneur Catalin Stroe, is working on a project to build a small tractor and hopes to have the prototype completed...
Ursus Breweries: Sales On The Rise Since November
Sales returned to growth in November on restored consumer confidence, following the elections that month, says Igor Tikhonov, president of Ursus Breweries, the largest brewer in Romania. The...
Petrotel-Lukoil Cuts Losses To RON308M In 2014
Petrotel refinery in Ploiesti, owned by Russia’s Lukoil group, ended last year with 308 million lei (EUR69 million) losses.
22% Of Fondul Proprietatea Moved To London
The first shareholder structure of Fondul Proprietatea (FP.RO) after its listing on the London Stock Exchange revealed that 22% in it has already been packaged into global depository receipt...
BCR Puts Largest Set Of NPLs In Romania’s History Up For Sale
BCR has put up for sale the largest set of non-performing loans in Romania’s history, worth about EUR3.6 billion in lei equivalent, much higher than initially discussed. The move shows Roman...