Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
De’Longhi Revenue Up To Over RON500M In 2015
Italian home appliances manufacturer De’Longhi’s revenue in Romania has grown to more than 500 million lei since start of production in the country in Jucu, Cluj in 2013.
ZF Bankers: Bankers Admit Need For Faster Bank Restructuring
Local banks need to speed up restructuring as the lack of efficiency is causing an unbelievably high waste of money, bankers and consultants attending ZF Bankers Summit’16 on Wednesday said.
Xerox Services Centers Reach Almost 2,000 Employees
US-held Xerox’s services centers in Romania hired more than 400 people last year for a total of almost 2,000, according to its filing with the Finance Ministry available on the ministry’s we...
ZF Bankers: Banks Still Have Some NPL Left To Clean Up
Banks have not completed the non-performing loan cleanup process and still have about EUR5 billion to EUR6 billion worth of bad debt in their portfolios, especially on the corporate segment,...
Automobile Dacia’s Car Plant Manager To Supervise Turkey And Russian Operations, As Well
Cornel Olendraru, the current manager of Uzina Vehicule Dacia (Dacia’s car plant) will become Renault’s regional industrial manager for Eurasia as of October.
Romanian Consumers Spent RON160B In Grocery, DIY, Furniture And Home Appliances Stores In 2015
Retail is the second most important industry of Romania by revenue, 160 billion lei (EUR35 billion) last year, an increase of 10% on 2014, behind wholesale and ahead of manufacturing and ele...
British Companies In Romania: RON30B Revenue And 67,000 Employees
British capital invested in Romania has yet to overshoot the EUR1 billion mark and its share of total foreign investment halved compared with 2006.
Cafea Fortuna sees EUR35M sales in 2015
Cafea Fortuna, the largest Romanian-held coffee business, posted 156 million lei (EUR35 million) revenue last year, an increase of 14% on 2014 and its fifth year of growth in a row.
Dacia Expects 5% To 6% Sales Growth In 2016
Romanian carmaker Dacia expects 5% to 6% increase in sales in 2016, after having sold 550,000 cars in 2015, its tenth year of growth in a row, said Francois Mariotte, Dacia sales and marketi...
Allview Sales Slightly Down In 2015
Visual Fan (Allview), the biggest smartphone and tablet business held by a Romanian entrepreneur, posted the first decline in sales last year after three years of spectacular growth.
CA Immo: Some Office Buildings Will Become Less Attractive, Owners Will Have To Consider Reconversion
Austrian-held CA Immo, which is active on the real estate development market in Romania, is considering buying new plots of land or even finished projects in view of local expansion and the...
Romania Exported EUR15M Worth Of Wine To EU Markets At A Price Of EUR1.4/Liter in 2015
Romania’s wine export volume rose by 42% in 2015 compared with 2014 while the value went up by 25%, which means the price of wine exported to the EU was lower despite the rise in volume.