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Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Dunca Expeditii Expects High Single Digit Growth In 2014
Dunca Expeditii, one of the largest road freight carriers in Romania, forecasts a growth of 5% to 10% in revenue next year, as a result of the fleet expansion in 2013, owner Romeo Dunca told...
Saint-Gobain: Plasterboard Market Could See 7%-8% Decline In 2013
The difficulties affecting the Romanian economy and the construction sector made an impact on the plasterboard business, as well, which could see a 7% to 8% decline this year, according to R...
Govt Spent Over EUR430M On Clunkers Program, Boosted Used Car Stock Instead
This year will see the second highest level of used car imports in a decade, 225,000 units, and the average age of the car stock in the country is rising towards 14 years compared with 11 in...
Sales Of Furniture Showing Signs Of Rebound
Furniture sales in Romania increased 4% in the first eight months of the year compared to the year-ago period. This is the first positive sign coming from the industry after four years of de...
Isarescu Suggests Euro Adoption Will Only Happen In 2023
Mugur Isarescu, Romania’s central bank governor, took everyone by surprise on Wednesday when he suggested a later adoption of the euro than in any of the scenarios mentioned so far.
Turkish Fashion Retailer Koton Buys Building In Bucharest’s Old Town
Turkish fashion retailer Koton, which has four stores in Bucharest, has bought a 1,200 square meter building in the city’s Old Town for EUR4.5 million from an Irish businessman, sources clos...
Most Important Construction Projects Completed In 2013
Besides the bitter taste, which many companies in the construction business felt this year, 2013 will go down in history as the year of a number of major projects delivered on the local mark...
2013 Difficult Year For Brewers, Market Down 2.6% in Jan-Sept
Beer sales reached 14 million hectoliters (1.4 billion liters or 2.8 million 0.5 liter cans) in the first nine months of the year, down 2.6% on the year-ago period, ZF has calculated based o...
Top Three Leasing Companies Make Up 35% Of The Market
The top three leasing companies in January-September were UniCredit Leasing, Impuls Leasing and Porsche Leasing, whose funding volume stood at almost EUR300 million, according to market sour...
Tinmar Ind Sees EUR270M Revenue In January-September
Tinmar Ind, the largest private electricity trader in Romania, posted revenues of over 1.2 billion lei (EUR270 million) in the first nine months of the year, 24% more than in the year-ago pe...
AFI Europe’s CEO Recipe For EUR100M Investments During Hard Times
He came in Romania when the crisis was in full swing, in early 2011, after having worked in the United States, Nigeria and Canada and managed to have EUR100 million worth of project built in...
Dutch Investor Buys Bucuresti Department Store For EUR4M
A Dutch investor has bought the building of the former Bucuresti department store, one of the most important retail destinations in Bucharest before 1989, from the heirs of the founders for...