Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Bank Of Beirut Tries To Persuade BNR To Approve Takeover Of Marfin Bank Romania
Bank of Beirut, the sixth leading bank in Lebanon, is trying to persuade Romania’s central bank (BNR) to approve its takeover of Marfin Bank Romania, banking sources say.
Billionaires That Put Romania On Their Investment Map
Almost thirty of the richest people in the world, with a cumulated fortune of more than $400 billion, are doing business in Romania, either directly or indirectly in the country’s retail sec...
Romania’s Banking System Posts EUR1B Profit In 2015
Romania’s banking sector stepped back into the black last year, when it posted about EUR1 billion profit, after the record losses of 2014, central bank data reveal.
Temporary Workforce Market Down, Number Of Employees Up
The number of temporary employees in Romania fell by 25% to almost 78,000 in the third quarter of 2015 from 101,800 at the end of the second quarter, according to Eurostat data.
Kruk Manages RON8.6B Worth Of Bad Debt
Polish-held debt collection specialist Kruk is managing about one million receivables worth 8.6 billion lei (almost EUR2 billion), 600,000 of which bank loans that may be worth up to 80% of...
Vel Pitar Buys Bankrupt Rival Spicul’s Plant
Vel Pitar, one of the largest bakery industry businesses in Romania, bought the plant of rival Spicul, a company with a 160-year history.
Qfort Door And Window Manufacturer Owner Invests EUR20M In Residential Development
Stefan Cherciu, the majority shareholder and chairman of the Qfort window and door systems manufacturer Casa Noastra based in Craiova, is developing a seven apartment building complex in the...
Distressed Asset Specialist Buys Two Construction Material Plants In Romania
Two door and window manufacturing plants located in Ilfov and Prahova Counties (southern Romania) have been acquired by private equity firm CEE Special Situations Fund, whose main backers ar...
Netin, Lenovo: PC Market Flat In 2015
The computer (laptop, desktop, server) market was flat at almost 800,000 units in Romania last year and laptops accounted for most of the sales, Aurel Netin, country manager of Lenovo Romani...
February, One Of Leu’s Best Months In Years
The Romanian currency has gained 1.5% against the euro since the beginning of the year going from 4.52 points to one euro to 4.45, which makes it one of the top three currencies in the regio...
Alexandrion Seeks To Expand International Presence
Alexandrion Grup Romania, the country’s largest spirits producer, is currently exporting products to about 18 markets in Europe and exports account for about 5% of its production.
Honda Trading In Talks To Take Over Imports In Bulgaria
Honda Trading Romania, the local importer of the Japanese carmaker and part of Honda Trading Corporation held by Honda Motor Company is to become a regional operation once it has taken over...