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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Romgaz To Step Up Exploration Efforts In 2015
State-run Romgaz (SNG.RO), the largest local gas producer, says it will step up exploration efforts to identify new gas deposits, so it will drill 40 exploration wells this year, double as m...
Elliott, One Of The Major Beneficiaries Of Property Restitution Process In Romania
US hedge fund Elliott Associates, the largest shareholder of Fondul Proprietatea (FP.RO) with an over 19% stake, bought into the fund as early as 2009-2010. At the time Fondul Proprietatea h...
Transport Ministry-Owned Companies Posted RON650M Profit In 2014
The companies subordinated to the Transport Ministry posted total profit of almost 650 million lei (EUR147 million) in 2014, after having posted total losses of RON460 million in 2013.
FAN Courier Revenue Up 19% In 1Q
Local courier service market leader FAN Courier ended the first quarter with a 19% rise in sales, which is more than budgeted and wants to end the year with 383.7 million lei (EUR87 million)...
RCS&RDS Takes On Electricity Market
RCS&RDS, the largest cable TV and fixed Internet service provider in Romania and a growing presence on the mobile telephony and media markets, wants to take on the energy sector, hoping it w...
MG-Tec Group Owner Expects 10% Growth In 2015
Romanian entrepreneur Ioan Tecar, owner of the Dej-based MG-Tec group with construction and paper operations mainly, expects 645 million lei (EUR146 million) revenue this year, an increase o...
Romania Exported EUR15B Worth Of Services In 2014
Romania’s service exports reached EUR15 billion last year, an increase of 12% on 2013, and double as much as in 2005, central bank data shows. Transport, business services, goods processing...
Russian Product Supermarket Chain Plans To Expand By Five Stores In Bucharest In 2015
Berezka supermarket chain, which sells only Slavic and especially Russian products, has already reached 25 stores in Bulgaria and started development in Romania at the end of last year, wher...
GDF Suez Energy Romania To Rebrand To ENGIE
GDF Suez Energy Romania, the largest local natural gas supplier, will become ENGIE by yearend, following a group-wide decision to rebrand.
Company Lifespan In Romania: Nine Years, Nine Months And 22 Days
The Romanian economy has seen 2.6 million attempts at starting a business since December 1990. Only 20 businesses established in 1990 are still standing today.
Pharmaceutical Producers Pin Hopes On OTC Drugs And Exports For Growth
The five largest pharmaceutical producers in Romania posted slight growth of merely 2% to 2 billion lei (EUR453 million) on a market that increased by almost 7% in 2014 and are bracing thems...
Romanian Farmers, One Of DuPont Pioneer’s Main Interests
Romanian farmers are one of the main interests of US’ DuPont Pioneer, now that the local market is connected to the global agricultural commodity trade and the agricultural sector has reache...