Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Paint Maker Köber to Open New R&D Center
Romanian paint and coatings maker Köber based in Neamt County (NE Romania), the leader of its market, will inaugurate a research and development center near its plant in Dumbrava Rosie, Neam...
Qualitance Posts 35% Growth in Revenue to EUR17.5M in 2022
Technology company Qualitance ended 2022 with EUR17.5 million revenue, an increase of about 35% on 2021, higher than expected.
Penny Romania Gets EUR160M from Parent Company to Speed Up Development
Discount retailer Penny Romania has received a EUR160 milion cash infusion from its parent company in Germany, which it will use to speed up development, ZF has found.
Dunca Expeditii Ends 2022 with RON210M Revenue
Dunca Expeditii, one of the largest freight carriers in Romania, ended last year with RON210 million revenue, an increase of about 9%, ZF has calculated, and expects the revenue to be flat t...
Siemens Energy to Supply Key Components for Gas-Fired Mintia Power Plant
Siemens Energy and independent power producer Mass Global Energy Rom S.R.L. have signed an agreement, which will see the former supply the HL-class gas turbine for the Mintia combined-cycle...
Investment Advisory Firm ACP in Talks to Buy Telekom Romania Mobile
European investment advisory firm ACP is in talks to buy Telekom Romania Mobile, and the deal is up to the approval of the relevant authorities in Bucharest, financial market sources say.
New Owner of Mintia Thermoelectric Power Plant to Complete EUR1B Investment in 36 Months
The first phase of the EUR1 billion investment in the Mintia thermoelectric power plant will be completed in 24 months, while the entire project will be completed 12 months after that, the n...
BNP Paribas Personal Finance’s Consumer Finance Unit Cetelem to Cease Operations in Romania
BNP Paribas Personal Finance announces the start of the steps to cease operations of its consumer finance unit, Cetelem, in Romania, after having failed to find a partner to continue in the...
Government: AE Solar to Invest EUR1B in Solar Panel Plant in Romania
Solar panel manufacturer AE Solar will invest EUR1 billion in a plant to make solar panels in Romania, Romania’s government announced in a release, following a meeting of Prime Minister Nico...
Telekom Romania Mobile Gets Back Its Digital Division From Orange
Telekom Romania Mobile, a mobile phone operator with more than 4 million customers, which is held by Germany’s Deutsche Telekom and Greece’s OTE, made an unexpected move by bringing back its...
Frames: Romania Insurance Market to Reach Record High of RON16B in 2023
The insurance market in Romania could reach an all-time high of more than RON16 billion in 2023, supported by the increase in the value of policies, but also by the growing interest of Roman...
Elbit Systems to Supply Turrets, Weapon Stations and Mortar Systems to Romanian Military
Israel's Elbit Systems will deliver $120 million worth of turrets, weapon stations and mortar systems to the Romanian Military, the company announced on Friday.