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Loredana Frățilă-Cristescu

Fields
Companies, Capital Market, Retail&Consumer
Writing for ZF since
2011
Articles
9.761
Banks-Insurance

Only 4% of Romanians Can Answer Simple Personal Finance Questions Correctly

Very few Romanians know how to answer personal finance questions correctly, a financial literacy survey reveals.

Loredana Frățilă-Cristescu · 25.03.2014 · 00:00 · 4 min
Orange Romania Set To Launch Money Transfer Service In Second Half Of 2014
Technology &Telecoms

Orange Romania Set To Launch Money Transfer Service In Second Half Of 2014

Orange Romania, leader on the Romanian mobile telephony market, will partner with a bank to launch Orange Money, a service allowing customers to pay bills or send money to other users from a...

Loredana Frățilă-Cristescu · 24.03.2014 · 00:12 · 4 min
State Paper Yields Hit Fresh All-Time Low In 1Q/2014
Macroeconomics

State Paper Yields Hit Fresh All-Time Low In 1Q/2014

The Romanian Government continued to borrow cheaper in the first quarter of 2014, with state paper yields hitting a fresh all-time low during this period.

Loredana Frățilă-Cristescu · 24.03.2014 · 00:12 · 2 min
One Month’s Salary Enough To Buy 15 Staple Food Baskets In Romania
Retail&Consumer

One Month’s Salary Enough To Buy 15 Staple Food Baskets In Romania

The average net wage in Romania is enough to buy 15 staple food baskets per month, while in Poland and Germany it can buy 25 and 50 food baskets, respectively.

Loredana Frățilă-Cristescu · 24.03.2014 · 00:00 · 3 min
Templeton To Get More Money For Managing Fondul Proprietatea
Capital Market

Templeton To Get More Money For Managing Fondul Proprietatea

Franklin Templeton will get a higher fee under the new agreement to manage the EUR3.2 billion assets of Fondul Proprietatea (FP.RO) for two more years, in addition to distribution fees from...

Loredana Frățilă-Cristescu · 21.03.2014 · 00:00 · 3 min
Construction Sector Generates A Mere 8% Of Romania’s GDP
Macroeconomics

Construction Sector Generates A Mere 8% Of Romania’s GDP

The construction sector, a EUR8 billion to EUR9 billion business a year, which should have helped Romania’s economy grow during the crisis, contributed a mere 7.9% to the gross domestic prod...

Loredana Frățilă-Cristescu · 21.03.2014 · 00:00 · 1 min
Logistics Operators: Romania Can Gain Business From Russia And Ukraine
Automotive

Logistics Operators: Romania Can Gain Business From Russia And Ukraine

Romania can gain logistics business from Ukraine and Russia due to the turmoil in the region, because manufacturers want logistics hubs in stable areas as close to their markets as possible,...

Loredana Frățilă-Cristescu · 20.03.2014 · 22:30 · 1 min
LOT Polish Airlines Introduces Third Bucharest-Warsaw Daily Flight
Automotive

LOT Polish Airlines Introduces Third Bucharest-Warsaw Daily Flight

Polish state-run airline LOT Polish Airlines will introduce a third daily flight on the Bucharest-Warsaw route on March 30, taking the number of flights per week to 20 from the current 13.

Loredana Frățilă-Cristescu · 20.03.2014 · 00:00 · 1 min
Damen Builds Cable Lay Ships In Galati To Install Power Cables In North Sea
Companies

Damen Builds Cable Lay Ships In Galati To Install Power Cables In North Sea

The Galati shipyard held by Netherlands-based Damen group will build a cable lay vessel that can be used to deploy the cables connecting wind farms to the power grid.

Loredana Frățilă-Cristescu · 20.03.2014 · 00:00 · 1 min
Major Power Consumers Pay 50% More For 2013 Green Certificates
Energy

Major Power Consumers Pay 50% More For 2013 Green Certificates

The biggest electricity consumers in Romania, aluminum smelter Alro Slatina and steel plant ArcelorMittal Galati, will have to spend 177 million lei (EUR39 million) to comply with the green...

Loredana Frățilă-Cristescu · 20.03.2014 · 00:00 · 3 min
Sobolewski: Romania Can Attract Significant Investment Before Becoming Emerging Market
Capital Market

Sobolewski: Romania Can Attract Significant Investment Before Becoming Emerging Market

Romania’s stock market can attract significant investments by 2017, the year set as its target for joining the league of emerging markets, Bucharest Stock Exchange chief executive Ludwik Sob...

Loredana Frățilă-Cristescu · 20.03.2014 · 00:00 · 2 min
Ford: Waterway Transportation Cheapest, We Need Good Road To Danube Port
Automotive

Ford: Waterway Transportation Cheapest, We Need Good Road To Danube Port

If Romania wants to attract investors and become competitive in the region, it needs to speed up infrastructure upgrade process, believes Zoltan Brassai, managing director of Ford Romania an...

Loredana Frățilă-Cristescu · 19.03.2014 · 00:00 · 2 min