Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Romania’s Central Bank Stays In The Black
Romania’s central bank (BNR) posted 500 million lei (about EUR110 million) net income last year, according to the estimates based on the amount of money it transferred to the budget, while c...
Saint-Gobain Invests EUR2M To Boost Production Capacity In Romania
Saint-Gobain group posted almost EUR10 million higher revenue in Romania in 2015 than in 2014, EUR171.8 million, while the number of employees in all its plants in the country stood at 1,100...
Alexandrion Taps Into Coffee And Soft Drinks Market
Largest local spirits producer Alexandrion Grup Romania wants to expand into distribution of products such as coffee, water and soft drinks and is in talks to make it happen.
Bucharest Hotel Occupancy Rate Up To Five-Year High In 2015
The occupancy rate of hotels in Bucharest rose by 8.6% to 68% last year, making 2015 the best year in the last five, ZF has found from analyzing research company STR Global data.
Renault: Interest In New Cars On The Rise, Customers’ Purchasing Power Improving
The local auto market stands all the chances of witnessing a third year of growth in a row after the crisis, driven by sales to both companies and individuals, which are beginning to choose...
Avon: VAT Cut Could Steer Customers To Upper Range Products
Consumer spending will go up this year following the overall VAT cut from 24% to 20% as of January 1, believes Razvan Diratian, general manager of cosmetics company Avon Romania.
Mall And Office Space Mix Latest Trend In Bucharest
Plaza Romania, AFI Cotroceni and Sun Plaza, all of which in Bucharest, are three of the malls that chose to surround themselves with office space. South Africa’s NEPI, the owner of Promenada...
Deutsche Telekom: We Continue To Believe In Romania
Germany’s Deutsche Telekom group continues to believe in Romania and despite the challenging environment – a market with fierce competition and a low average revenue per user, it will keep i...
Arctic Confirms Construction Of Washing Machine Plant
The shareholders of Arctic, Romania’s largest home appliances manufacturer, approved construction of the second plant in the country in mid-February.
Farmec Cluj-Napoca To Open Five New Stores in 2016
Farmec Cluj-Napoca, the largest local cosmetics producer by revenue, sells its products in 23,000 stores and pharmacies in Romania, thus covering one quarter of the number of grocery stores...
Home Appliances Production, Romania’s New ‘Automotive Sector’
De’Longhi (Italy), Kaercher (Germany) and Arcelik (Turkey) are paving the way for the development of a new industrial sector in Romania: home appliances manufacturing.
Fuel Market Stays At EUR9B In 2015 Despite Higher Sales Volumes
The sales of the more than 2,000 gas stations in Romania were almost flat at EUR9 billion last year despite a 9% rise in the fuel sales volume driven by demand for diesel, according to Natio...