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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Business Sector: Come Up With A Budget And Keep The 5% Social Security Tax Cut In 2015
Romania has elected a new president, Klaus Iohannis, but has the same government led by Prime Minister Victor Ponta, and no budget for next year. A budget, which, regardless of how it is dev...
Auchan: Number Of Former Real Hypermarkets' Customers On The Rise
The number of customers of the 20 Real hypermarkets that Auchan bought rose 10% to 30%, says Frederic Bellon, the executive put in charge of the local operations of Auchan this spring. Also,...
Weight Loss Surgery Hospital Ponderas Relocates To Office Building
Weight loss surgery hospital Ponderas will move from the Dristor area of Bucharest to Art Business Center office building on Nicolae Caramfil Street in the north of the city early next year,...
Dan Ivan, Actavis: We Thoroughly Changed Our Business Model
Retail sales (via pharmacies) are now at more than 60% of the total at the moment, because of a decision made to change the business model at the end of 2011, says Dan Ivan, general manager...
Susli: We've Made Offers To Buy Praktiker Store Spaces
After buying the operations of German group Praktiker in Romania earlier this year, Turkish-born businessman Omer Susli wants to buy the spaces where the stores operate.
Hypermarket Chains Cook An Almost EUR500M Business In House
Hypermarket chains’ own meat and bakery shops and rotisseries contributed EUR417 million or more than 10% of the revenues of Kaufland, Auchan, Carrefour, Real and Cora last year.
Ferrero Romania Sees Revenue Up 25% In H1
Sweets company Ferrero Romania posted 96.6 million lei (EUR22 million) revenue in the first half, an increase of 25% on the year-earlier period, according to publicly available information.
Romania Sees Bumper Grain And Oilseed Crops, Lags Behind By Yield
Romanian farmers harvested 25.1 million tons of grain and oilseeds this summer and autumn, one of the best harvests ever. This was not because of radical changes in this sector but because o...
Foreign-Held Companies In Romania Operate At 5% Profit Margin And Employ 1.2 Million People
The Romanian economy needs big entrepreneurial businesses to be able to offset the foreign capital that currently accounts for half of the revenue and more than 45% of the profit even though...
OMV Petrom To Drop 30 Marginal Fields
Romania's only oil and gas producer OMV Petrom (SNP.RO) is dropping 30 onshore productive fields, which have a marginal contribution to its total production, up to 0.6%, saying they might be...
Uniqa Real Estate Management Repositions Floreasca Tower
Uniqa Real Estate Management, the company that manages the real estate portfolio of Austrian insurance group Uniqa, is trying to reposition the Floreasca Tower office building in northern Bu...
Altex Revenue Back To EUR300M After Five Difficult Years
The local computer and electronics retail leader Altex, of businessman Dan Ostahie, will end the year with EUR300 million revenue, for the first time since 2008.