Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Arctic Exported Almost EUR300M Worth Of Refrigerators In 2015
Home appliances manufacturer Arctic exported 1.2 billion lei (EUR266 million) worth of refrigerators and freezers made in its Gaesti plant (southern Romania) last year, an increase of 13.4%...
Cable TV Service Provider AKTA’s Revenue Up 13% In 2015
The largest independent cable TV service provider in Romania, which operates under the AKTA brand via two companies – Digital Cable Systems (DCS) and AKTA Telecom, posted 226.13 million lei...
Travel Agencies Expect Up To 30% Rise In Revenue In 2016
Travel agencies in Romania budgeted up to 30% higher revenue for this year from ticketing, charter holidays and services for corporate customers.
2015, Most Profitable Year For Furniture Maker Taparo
Furniture manufacturer Taparo, one of the top five furniture exporters in Romania, posted 9.2 million lei (EUR2 million) profit last year, six times higher than in 2014. This is its highest...
Modern Retail Grows To 60% Of Grocery Retail From 40% In 2008
Hypermarkets now account for almost one third the local grocery retail, as Romanian consumers spend about EUR5 billion in such stores every year. Modern retail has grown to 60% of the overal...
Porsche Romania Sees More Than EUR450M Revenue In 2015
Porsche Romania, the largest local auto importer, posted EUR453 million revenue last year, an increase of 14% on 2014. This makes 2015 its best year after 2009, when revenue stood at EUR382...
UniCredit Wants Romania To Be Its Second Most Important Services Center
Romania will be a global competence center for Italy’s UniCredit, which will independently develop the applications and programs used by the group, said Paolo Cederle, chief executive office...
Deputy PM: Romania Needs Vocational Schools To Attract Third Carmaker
Infrastructure and highways are a solution for Romania to attract large investments in the auto industry only if the major companies can find the necessary skilled labor here.
2015, First Year With Four Retailers With Over EUR1B Sales
Expansion, food VAT cut and the rebound of consumer spending were the growth drivers of retailers’ sales last year, which went up by as much as 40%, a record level like in the boom years.
Gral Medical Expects 10% Growth In 2016
Private medical service operator Gral Medical, one of the top five companies on its market in Romania, expects revenue to reach 95.5 million lei (EUR21 million) in 2016, up 9.7% on the previ...
US And UK Investors Hold One Third Of BCR Owner Erste
US and and UK investors hold 31.5% in Austria’s Erste Bank (EBS.RO) together, which owns Romania’s largest lender BCR.
Most Energy Sector Entrepreneurs Optimistic About 2016
The most powerful entrepreneurs in Romania’s energy sector expect growth in 2016, and most of them plan to expand on the markets they built their businesses on and diversify their operations...