Translator RO-EN
Daniela Stoican
- Fields
- Banks-Insurance, Retail&Consumer, Companies
- Writing for ZF since
- 2011
- Articles
- 176
Record Investments In Private Hospitals In 2011: EUR131M For Eight Units
Private healthcare operators put record amounts in building hospitals, with over EUR130 million worth of projects being completed. In Bucharest, as well as in Brasov and Pitesti, investors r...
Rumor Mill: Bankers Whose Tenures Will Be Extended In 2012
2011 is ending with several announcements regarding the top management teams of the top two Romanian banks – BCR and BRD, as well as with rumors and speculations concerning prospective new m...
BCR Chiefs Blame Past Management For Most Of Non-Performing Loans
More than half the non-performing loans accumulated by BCR were generated during the 2006 - 2007 transitional period and before Erste took over the bank after it won the privatization proces...
Lending Will Be Weak Next Year Either Way - Austrian Banks
Lending will not grow significantly next year anyway because of the overall economic environment, so the lending restrictions of local Austrian-owned banks will not be reflected at market le...
SocGen Wants To Implement BRD’s Strategy In Other Countries Too
French financial group Societe Generale will seek to implement BRD’s commercial and retail strategy on other markets as well, a strategy that brought it major earnings and helped it during t...
Banca Carpatica Needs A Foreign Investor - Analysts
The progress of Banca Comerciala Carpatica (BCC.RO), controlled by Sibiu-based businessman Ilie Carabulea, will depend over the next year on how much the lender will consolidate by attractin...
ADM Farm: 2012 Regulations Will Reconfigure Pharmaceutical Market
Octavian Iacob, who in September was recruited by drug distributor ADM Farm as chief executive officer, is optimistic about the company’s results this year, which could be better than the in...
S-Park Developers To Build An Office Building In Bucharest
Businessmen Emil and Daniel Tanasoiu, known on the real estate market especially for developing and selling business park S-Park in northern Bucharest, will develop a new office building in...
Michelin Looks To Romania For New Investment, But Seeks Incentives
The Michelin group, one of the leading tire manufacturers worldwide, plans to expand production to Eastern Europe, which would serve the European market, through a new investment in a plant...
Bankers Scramble For Company Savings: Euro Deposit Rates Near 4%
In a bid to compensate for the loss of support from parent banks, local bankers try to attract as many resources as possible from companies, paying interest of up to 4% on euro deposits.
Kaufland Becomes Romania’s Most Valuable Retailer
The value chart for local retailers saw a change of leader this year, after German-held Kaufland overtook the reigning champion of several years, Metro Cash&Carry.
Unilever: Two Detergents Made In Romania Reach All Across Europe
Unilever, the second largest local producer of non-food fast-moving consumer goods, has invested EUR50 million in the past two years to boost by 30% the production capacity of its detergent...