Translator RO-EN
Daniela Stoican
- Fields
- Banks-Insurance, Retail&Consumer, Companies
- Writing for ZF since
- 2011
- Articles
- 176
Six Banks With No Offices In Romania Hold EUR450M In Romanian Government Bonds
Six European banks with no subsidiaries in Romania have an exposure of EUR450 million to the Eastern European country, according to data published by the European Banking Authority.
How Much UK Really Stands To Gain From Romania
The UK is afraid Romanian migrants could invade its territory after January 2014, when labor market restrictions imposed to Romania workers are lifted, but too little is said about the gains...
Borsec Mineral Water Production Up 20-Fold Since 1996
Production of Borsec, the best-selling mineral water brand in Romania, has gone up 20-fold after becoming part of Romaqua Group portfolio, to 320 million liters last year.
Central Bank: SMEs Are Not Taking Out Loans Because Of Too High Interest Rates
Almost half the small and medium-sized enterprises in Romania surveyed by central bank BNR says they are not eager to take out bank loans because of too high costs.
Over 1,300 Employees Make Clothing For Alison Hayes Near Bucharest
Over 1,300 employees, 700,000 items of clothing made each month for international retailers such as Top Shop, Primark and Debenhams, two plants, one sample center and turnover of over EUR40...
Romania’s Sole Geothermal Power Station Doomed To Remain Pilot Project
The only power station in Romania fueled by geothermal water has proved an unprofitable investment, with power prices on the decline and with no way of receiving the subsidies matching those...
Orange Vice-President: Three Major Telecom Companies Will Remain In Romania In Long Run
The Romanian telecommunications market, which is estimated at around EUR3.2 billion per year, will not be able to cope with four major players in the long term, Benoit Scheen, vice-president...
Romanian Brands Become Market Leaders In Less Than 20 Years
Romanian brands such as Mobexpert, Altex and AdePlast have managed to become no. 1 on their respective markets and boast turnovers of hundreds of millions of euros, although they were built...
Cement Market Continues Decline As Investments In Infrastructure Dwindle
Autumn did not come with the expected thawing of the Romanian cement market, so after the 2011 rise and the 2012 stagnation Romanian cement production will decline again this year, writes Bu...
Deposit Outflows Bring Record High Inflows For Mutual Funds In November
Mutual funds in Romania ended November with record-high net inflows of 777.8 million lei (EUR174 million), the largest monthly amount ever attracted on this market.
Giant UK Investment Fund Buys EUR30M Romanian Farm
British investment fund Insight Investment, which manages assets of 271.9 billion pounds worldwide, has bought Romanian company Agricom Borcea, which holds a 13,600-ha farm in Calarasi count...
Giant Schlumberger Reaches 450 Employees In Romania, Plans New Hiring
Schlumberger group, the world’s largest provider of technology and solutions for oil and gas companies, has reached 450 employees in Romania after opening a services center with 170 employee...