Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
GTS Telecom Opens EUR500,000 Data Center In Cluj
GTS Telecom opened its second data center in Romania, in Cluj city, following EUR500,000 investments which could double in the upcoming period, the company said in a statement on Wednesday.
Vola.ro Targets EUR60M Sales In 2016
Online travel agency Vola.ro reported sales of over EUR42 million on the Romanian market in 2015, up 54% on the year, and targets a turnover of EUR55-60 million in 2016, the company said Wed...
Kuma Romania Eyes A 10% Turnover Hike In 2016
Kuma Romania, a producer of washbasins, countertops and furniture for bathroom and kitchen, reported a turnover of EUR3.3 million in 2015, up 10% on the year, and targets another 10% turnove...
Altex Revenue Up 30% To EUR433M In 2015
Electronics retailer Altex, owned by businessman Dan Ostahie, reported revenues worth EUR433 million in 2015, up 30% on the year, the company said Tuesday.
Central Bank Governor: Romania Can’t Talk About Deflation As Domestic Consumption Is Sharply Up
Romania cannot talk about a deflation of the local economy as the country is facing a sharp domestic consumption growth, central bank governor Mugur Isarescu told a conference organized by t...
Investments In Renovation Of Bucharest Historical Buildings Exceeded EUR100M - Esop Consulting
The investments in the renovation of historical buildings in capital Bucharest totaled over EUR100 million in the last three years, as the number of persons interested in buying old building...
Press Review - March 15, 2016
IMF Recommends A Budget Deficit Of 2.5% Of GDP For Romania This Year The International Monetary Fund (IMF) on Monday presented the conclusions of its mission in Bucharest, recommending a bud...
Arabesque To Open New Store In Pitesti, Following EUR10M Investment
Construction materials distributor Arabesque will open its 19th store in Romania, in Pitesti city, on March 24, following EUR10 million investments, the company said in a statement.
Lidl Opens New Store In Radauti Town
German retailer Lidl, part of Lidl & Schwartz group, will open its first store in Radauti town, northeastern Romania, reaching 194 units in Romania, the company said in a statement Monday.
Hervis Opens First Store In Hunedoara, Reaches 16-Unit Network In Romania
Sports equipment retailer Hervis will open on Thursday its first store in Hunedoara, following EUR1 million investment, thus reaching a 16-unit network in Romania, the company said in a stat...
Press Review - March 14, 2016
PM Dacian Ciolos On Emergency Ordinance Regulating Wiretapping Romanian Prime Minister Dacian Ciolos talked about the emergency ordinance on wiretapping, saying that Romanian Intelligence Se...
Number Of Apartments Completed In 2015 Up 5% To 47,000 Units
The number of apartments finalized last year in Romania rose 5% on the year, to approximately 47,000 units, a level exceeded only in 2010, when the number of finalized apartments rose by nea...