Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Romania Becomes Major Destination For Renewable Energy Investments Of Greece’s PPC
Greece’s PPC Group, which officially became the owner of all Enel companies in Romania in 2023, estimates Romania’s electricity demand will increase by 10% by 2030, which means additional in...
World’s Largest MVNO Lyca Mobile Shut Down Romanian Operations
World’s largest mobile virtual network operator (MVNO) Lyca Mobile, based in the UK, shut down its operations in Romania at the end of last year, eight years after launch, blaming an increas...
Dolo Trans Olimp Expects 30% To 35% Growth In Revenue In 2024
Road freight carrier Dolo Trans Olimp (DTO), held by entrepreneur Cristian Dolofan, posted EUR97 million revenue in 2023 and expects 30% to 35% growth this year, its officials say.
Vitantis Shopping Center To Reach 100% Occupancy Soon
Vitantis Shopping Center in Bucharest will get new tenants soon and reach 100% occupancy rate. This is the project that got the highest investment volume made by its owner, businessman Omer...
Orange Set To Gradually Phase Out 3G Technology Starting June 2024
Orange Romania announces plans to gradually phase out the 3G network starting June 2024, which will allow the company to concentrate its efforts on the development of the 4G/5G networks, as...
UBC 3 Building Of Palas Iasi Gets V7 Startup Studio As New Tenant
United Business Center 3 (UBC) office building in the Palas complex in Iasi developed by the Iulius Group will have a coworking space for the business community in the city as of the second...
Romania’s Airports See Traffic Of 25 Million Passengers In 2023, Higher Than In 2019 Even
Passenger traffic on Romania’s airports reached 25 million people in 2023, an increase of 17% on the previous year, data from the Romanian Airport Association (AAR) show.
Cold Cuts Producer Aldis Set To Invest EUR20M To Boost Production
Aldis, one of the largest meat processors in Romania, plans to make a more than EUR20 million investment in boosting production capacity. The company submitted a RON103 million (over EUR20 m...
Mega Image Almost Halts Expansion In 2023, When Parent Group Announced Acquisition Of Rival Profi
Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, significantly slowed down expansion in Romania in 2023, the year when its parent group negotiated and announced takeover of r...
Lensa Gets Chief Commercial And Acquisition Officer From Carrefour
Lensa, one of the leading actors on the eyewear market in Romania, has recruited executive Gabriel Cubatov as chief commercial & acquisition officer.
Farmacia Tei And Bebe Tei Expand To ElectroPutere Mall In Craiova
Tei Group, which owns Farmacia Tei and Bebe Tei retail chains, has rented about 2,400 square meters in ElectroPutere Mall in Craiova, held by France’s Catinvest.
Lockheed Martin And Aerostar Bacau Open Maintenance Center For S-70 Black Hawk Helicopters
Global security and aerospace company Lockheed Martin and Aerostar Bacau (ARS.RO), which is already doing maintenance for Romania’s F-16 fleet, have inaugurated a maintenance and repair cent...