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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Dragos Dinu One Step Away From Becoming Tiriac Holdings CEO
Dragos Dinu is one step away from taking the position of chief executive officer of Tiriac Holdings, a group of more than 40 companies in automotive, real estate, aviation, retail, energy an...
CEZ Stays In Romania, Puts Major Investments On Hold
CEZ Romania will stay on the local market, as it believes Romania has potential, but will not pursue any major development plans for the time being, says chief executive officer Martin Zmeli...
Asus And Acer Sold 70,000 Laptops In 1H In Romania
Taiwanese PC manufacturers Asus and Acer, which are among the global top five companies in the industry, sold about 70,000 notebooks in Romania in the first half. The total market stood at a...
Greek-Held Marinopoulos No Longer Has Any Business In Romania
Greek-held Marinopoulos, one of the most important franchise holders in Romania during the economic boom years of the last decade, has no more operations left in the country, following the l...
Lenovo: PC Market Shows Signs Of Rebound
After surging sales of tablets worldwide and in Romania over the last few years, which competed with sales of entry-level laptops, the PC market is starting to rebound and even saw double-di...
Treasury And Bucharest Stock Exchange Work On Government Paper Issue For Retail Investors
The government paper issue the Finance Ministry is preparing together with the Bucharest Stock Exchange will most likely be released in October-November and be worth up to 100 million lei (E...
Dräxlmaier Reaches 15,000 Employees In Romania, Continues Hiring
Germany’s automotive group Dräxlmaier has reached 15,000 employees in its five plants in Romania, but the hiring process will continue this year, as well.
Ion Tiriac Pays EUR2M To Ioan Rus For 15% In Car Dealer
Romanian businessman Ion Tiriac has increased his stake in Cluj-based car dealer RMB Inter Auto, which he owns together with the current transport minister Ioan Rus, from 55% to 70%, accordi...
Banks Cling On To Very High Margins On Consumer Loans
The leu consumer loans, whose resurgence bankers expect to boost their revenue, are being offered at a more than 10% yearly interest, even though banks pay 2% to 3% for deposits from consume...
OMV Petrom Opens 3D Visualization Center
OMV Petrom (SNP.RO), the only local oil and gas producer, will step up exploration efforts to discover new oil and gas reserves. To that end it has completed a EUR0.5 million investment in a...
Local Grocery Retail Might Follow DIY Retail Consolidation Model
Romania has one of the most competitive retail markets in Europe, and the top three companies operating on it by revenue, Kaufland, Carrefour and Auchan account for 25% together, while the E...
Budget Revenue Share Of GDP Down To Four-Year Low
The government came with two successive waves of taxation changes in 2013, followed by a new taxation increase in the first half of this year, but despite the new or higher taxes, the total...