Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Fashion Days: Online Fashion Market To Go Beyond EUR200M In 2016
Online sales of apparel, footwear and accessories will see growth of 25% in Romania, and the market will therefore overshoot the EUR200 million mark, the representatives of Fashion Days, one...
80% Of Potatoes Used For Lay’s Chips In Romanian Plant Are Locally Sourced
Star Foods E.M., the local snacks division of PepsiCo, works with 21 Romanian potato farmers in Covasna, Harghita, Brasov, Neamt, Suceava and Dambovita counties, which supply 80% of the nece...
Non-Governmental Lending Annual Growth Rate Slowdown In June
The annual growth rate of the stock of bank loans to companies and consumers slowed down significantly, following the enforcement of the debt discharge law, as lending only increased by 1.2%...
Lactalis Still Unable To Turn Dorna Lactate Around
Dorna Lactate, the maker of the LaDorna dairy products and the largest company France’s Lactalis owns in Romania, ended 2015 with 13.2 million lei (EUR3 million) net loss. Last year was its...
Almost 90,000 Romanians Want To Go Work Abroad
Romania has the highest economic growth rate in Europe (4.3% in the first quarter) and multinationals and Romanian companies are constantly looking for employees, yet almost 90,000 Romanians...
ExxonMobil Ends Year With EUR72M Losses In Romania
ExxonMobil, which signed a deal to explore the deep water sector of the Neptun Block in the Black Sea with OMV Petrom, the only oil and gas producer in Romania in 2008, ended last year with...
Margins Of Euro Mortgage Loans Now Double The Margins Of Leu Loans
The interest margins on leu-denominated mortgage loans is around 3%, while the margin of the euro loans is close to 6%, as Romania is considered much riskier than the euro zone if looking at...
Smart Diesel To Add Two New Markets By Yearend
Private filling station operator Smart Diesel says it will enter two new markets by yearend in addition to the 15 where its commercial customers can refill using the diesel cards issued by t...
Betty Ice: Economic Growth Driving Sales Up This Summer
Sales of ice cream manufacturer Betty Ice were higher at the beginning of the summer than in the year-ago period, driven by the good weather and the economic growth, says owner Vasile Armene...
Romania’s Public Debt Up RON20B One Year After VAT Cut
Romania’s direct public internal and external debt reached 278 billion lei (EUR61.7 billion) at the end of May 2016, having gone up by RON20 billion on the end of May 2015, according to Fina...
Romania’s Furniture Exports Hit All-Time High In 2015
Local furniture manufacturers shipped more than EUR2 billion worth of products abroad last year, an increase of 8.4% on 2014, according to the data of the Romanian Furniture Manufacturers As...
Ikea Supplier Apulum Set To Invest RON113M In Alba Iulia Plant
Porcelain products manufacturer Apulum held by Italian investors will invest 113 million lei (more than EUR25 million) excluding VAT in a new wing at its plant in Alba Iulia (central Romania...