Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Mobexpert’s 2015 Better Than Expected
Mobexpert group of businessman Dan Sucu posted about 12.5% increase in sales of furniture and décor last year, significantly higher than budgeted, the entrepreneur says, adding there is an a...
Turmoil On International Financial Markets Cause For Concern In Bucharest
The German stock market fell by another 2% on Thursday, and the decline since the beginning of the year reached 18%. The Greek stock market has dropped by more than 30% since the beginning o...
Romanians Spent RON3.5B On Cosmetics And Perfume in 2015
Romanians spent 3.5 billion lei (EUR781 million) on cosmetics, care products and perfume in 2015, 2.8% more than in 2014, according to ZF calculations based on the information supplied by ma...
What Future Might Have In Store For Romania’s Modern Retail Sector
Local modern retail, an about EUR8 billion to EUR9 billion market, numbers 12 actors and will undergo changes over the coming years, following aggressive expansion by some retailers and merg...
Consumer Loans Up 11% In 2015
Leu-denominated consumer loans granted by banks reached 33 billion lei (EUR7.3 billion) at the end of last year, an increase of almost 11% on 2014, according to Romania’s central bank data....
Pharmaceutical Market Sees First Decline In Ten Years
Sales of pharmaceutical drugs fell by 4.7% to 11.7 billion lei (EUR2.6 billion) last year (January-December), according to market research company Cegedim Romania data. This is the first dec...
Hanner: Customers Earning Over EUR1,000/Month Will Be Able To Afford Higher Down Payment
The developers of residential projects where apartments are priced at almost or above EUR100,000 say the debt discharge law as it is now and the down payment hike by banks to 35% and 40% for...
L’Oreal Romania Expects 6% To 7% Growth In 2016
Cosmetics manufacturer L’Oreal set out to pursue two avenues for growth in Romania in 2016, online and its own stores under such brands as Kiehl’s, Maybelline and Nyx. Another growth driver...
Isarescu: There Will Be No Negative Interest Rates In Romania
Romania is getting capital inflows, which will only boost liquidity in the banking system even further, causing interest rates to drop. However, Romania’s central bank governor Mugur Isaresc...
RCS&RDS Renews Alliance With Vodafone
RCS&RDS, the largest local cable TV provider, has renewed its national roaming agreement with Vodafone, the second leading mobile phone operator in Romania, local communications industry sou...
Exports Generate Almost 40% Of Poultry Processor Coco Rico's Revenue
Romanian-held meat processing group Aalyex exported about 17,000 tons of poultry to 16 countries in Europe and beyond last year.
TotalSoft To Expand Team To Over 500 People This Year
TotalSoft, a local business software solutions provider, grew to 450 employees last year, 70 more than in 2014, and most of them were hired after internships with the company, as the IT indu...