Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
BMW Expects IT And Software Hub In Cluj-Napoca To Grow To 1,000 Employees In A Few Years
Germany’s BMW Group expects its new IT and software it opened in Cluj-Napoca together with Japan’s NTT Data Group to reach 1,000 employees in a few years from the current 120 at the moment,...
Phonetastic GSM Revenue And Profit Shrink In 2023
Phonetastic GSM a local distributor of smartphones, gadgets and other IT&C equipment, posted RON200.3 million (EUR40.3 million) revenue last year, 27% lower than in 2022, Finance Ministry da...
Private Pension Funds Sold RON100M Worth Of Banca Transilvania Shares In May
Aripi, BCR Pensii, BRD Pensii and Metropolitan Life Pensii Private are the Pillar II private pension funds that sold about 3.4 million Banca Transilvania (TLV.RO) shares in May, as their inv...
Belgium’s Bekaert Signs Agreement With Rezolv Energy To Buy 100 GWh Of Wind Power
Belgium’s Bekaert has signed an agreement to buy 100 GWh worth of wind power from Romania with electricity generation company Rezolv Energy, held by UK investment firm Actis.
Top Five Video Game Developers Ni Romania See Over RON1B Revenue In 2023
Video game development industry in Romania has been dominated by multinationals for many years, as the top actors are still Electronic Arts (US), Ubisoft (France) and Gameloft (France), but...
Packaging Maker Promateris Got EUR2.3M In Norwegian Funds In Last Four Years
Promateris (PPL.RO), a leading Romanian industrial group that manufacturers biodegradable and compostable packaging, has proven that accessing Norwegian funds can turn an innovative idea int...
Rondocarton Ends 2023 With RON606M Revenue, Slightly Up YoY
Rondocarton, part of Austria’s Rondo Ganahl group, one of the largest corrugated cardboard manufacturers, which operates three plants in Romania, ended last year with RON606 million revenue,...
Adobe Revenue And Profit Up Again In Romania In 2023
Adobe Systems Romania, the local subsidiary of the US group by the same name, one of the largest software businesses in the world, posted RON444 million (EUR89 million) revenue in 2023, an i...
Fornetti Plans To Make RON7M Investments In Romania In 2024
Fornetti Romania, one of the largest actors on the pastry market of the country, has an investment budget of more than RON7 million for this year, after having invested more than RON16 milli...
Biscuit Maker Croco Doubles Profit In 2023 To RON81M
Biscuit maker Croco, based in Onesti, Bacau County (eastern Romania), posted record high profit in 2023, RON81 milion, more than double the 2022 level, Finance Ministry data show.
Five-Star Radisson Blu Hotel In Cluj-Napoca Reaches 70% Occupancy Rate In June, Starts Construction Of Second Wing
Five-star Radisson Blu Hotel in Cluj-Napoca developed by Winners Park Invest and opened in June 2022, operated at an average occupancy rate of 70% in June and entered high season, considerin...
Romgaz Shareholders Greenlight EUR1.5B Note Issuance Program
The shareholders of natural gas producer and supplier Romgaz (SNG.RO) on Monday approved among other things a EUR1.5 billion note issuance program, of which EUR500 million an inaugural issue...