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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
RCS&RDS Close To Half A Billion Euro Revenue In 2013
Cable TV service company RCS&RDS, founded by Oradea businessman Zoltan Teszari, posted a 4% increase in revenue to EUR476 million last year, coming close to the half a billion euro mark, acc...
Ford’s B-Max Loses Ground In Europe, Drops To Third Place
The sales of the B-Max model made in Craiova, southern Romania, fell 9% in the first quarter of the year to less than 16,900 units in Europe, on a small multipurpose vehicle (MPV) market tha...
Mueller Launches Cheese Brand; Mulls Buying Local Producer Again
Mueller Dairy Romania, the local branch of the German group by the same name, expects turnover to go up by 20% to 62 million lei (about EUR14 million) this year, after starting a partnership...
The Drama Of Ilie Vonica, Most Powerful Entrepreneur In Romanian Healthcare Business
Businessman Ilie Vonica, who built the Polisano group in Sibiu, jumped to his death from a window of his home on Tuesday, seemingly unable to cope with the pressure of a fraud investigation...
Private Sector Manager Blames Politicians For Recent Management Changes At Several State Companies
Something that should have helped state-owned companies achieve efficiency, the ‘Private sector CEO for state-run companies” project, turned out to be just an instrument for political interf...
Large Insurers In Romania Sacked 1,500 Staff In 2013
The seven largest insurers in Romania cut the number of employees by 15% last year, keeping only 9,000, which shows the restructuring process has picked up speed after five years of signific...
PayPoint Expands Into Mobile Payment Business
UK’s PayPoint, which operates a network of more than 8,000 terminals enabling users to pay various bills across Romania, plans to expand with new online and mobile payment processing service...
Ambassador Brasioli Says There Are 40,000 Italian-Held Companies In Romania
The number of Italian companies investing in Romania is on the rise and the stability of the economic environment is essential to attract even more firms, said the Italian Ambassador to Roma...
Central Bank Greenlights Major Portfolio Cleanup Across Banking System
Banks will be allowed to remove from their balance sheets six billion lei (EUR1.36 billion) worth of non-performing loans (NPLs) fully provisioned for and without any reasonable hope of reco...
Lukoil’s Petrotel Refinery Processed 15% Lower Volumes In 2013
Ploiesti-based Petrotel refinery, owned by Russia’s oil group Lukoil, refined 1.89 million tons of oil last year, 15% fewer than in 2012, according to the reports of the company.
Betty Ice Exports Ice Cream To Five Countries
Ice cream producer Betty Ice based in Suceava, northern Romania, and owned by Romanian entrepreneur Vasile Armenean, has budgeted 2.5 million lei (almost EUR570,000) exports in 2014, an incr...
Super Sports Cars Sales Up In January-April
Sales of super sports cars were the only ones to go up on the over EUR200,000 price segment in January-April, while luxury car sales went down.