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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Over 400 Jobs Slashed At LaDorna After Takeover By Lactalis
Dorna Lactate and Dorna SA, the two largest companies in the LaDorna dairy group, acquired from businessman Jean Valvis by France’s Lactalis in 2008, had 640 employees between them last year...
Austrian Banks' Exposure To Romania Down EUR5B Since 2011 Peak
The exposure of Austrian banks to Romania fell by EUR5 billion to EUR25.8 billion at the end of 2013 from a high of more than EUR30 billion in the spring and summer of 2011.
Fondul Proprietatea Getting Ready To Sell Conpet Stocks
Fondul Proprietatea (FP.RO) is getting ready to sell its shares in oil transmission company Conpet Ploiesti (COTE.RO) worth 125 million lei (EUR28 million), market sources say, following the...
Mulliez Family Bet EUR1B On Romania During Crisis
The French Mulliez family, which has built a retail empire with about EUR80 billion yearly sales worldwide, has invested about one billion euros in acquisitions and development in Romania ov...
Lafarge, Most Profitable Cement Company In Romania
Cement producer Lafarge Ciment, the largest company in Romania of France’s Lafarge, which is to sell its local assets in order to merge with Swiss-held Holcim, posted EUR2.4 billion revenue...
Metro’s IT Unit Reaches 800 Employees In Romania
The IT division of Metro, one of the largest retailers in Europe, has discreetly reached about 800 employees in Romania and plans to continue expansion, as Bucharest has become a key center...
No Big Changes In Top Ten Banks And Some Encouraging Signs
An encouraging sign at the top of the bank ranking by assets: BCR, the largest lender in Romania, stopped losing market share and even grew slightly in the first five months of the year from...
Frigoexpres Ends H1 With RON21M Revenue
Oradea-based freight shipping company Frigoexpres, which went insolvent last August, ended the first half of the year with 21 million lei (EUR4.8 million) revenue, down 36% in lei on the yea...
New Winmarkt Boss Says Group Will Focus On Consolidation
Carlo Barban, the Italian appointed to run the Winmarkt retail centers in 13 cities in Romania this spring, says the group is not considering expansion in this country but consolidation and...
Insurance Brokerage Brings Good Profits
Insurance brokers posted an aggregated net profit of 114 million lei (EUR26 million) last year, and the margins of the 15 largest of them ranged from as low as 3% to as much as 75% of the to...
New Car Registrations Up 75% In June
New car registrations went up 75% in June compared with the year-ago period, to almost 7,000 units, the highest level in the last two years, according to the Driver License and Vehicle Regis...
Rapeseed Harvest Expected To Generate EUR300M Revenue
The 1 million ton rapeseed harvest, the highest in Romania’s history, will generate EUR300 million revenue in the next few months when farmers sell it to processors and traders.