Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Alpha Bank Branches Out Into Real Estate Development
Alpha Bank, a top ten lender in Romania by assets, has set up its own real estate division to develop residential projects. The bank is thus trying to recoup some of the money invested in su...
Schmidt, Automobile Bavaria: Romania Has Potential For At Least 10 Rolls-Royce Cars A Year
Michael Schmidt, the businessman who owns Automobile Bavaria group and a Rolls-Royce dealer in Munich, Germany, plans to boost Rolls-Royce sales in Romania as the segment of over EUR200,000...
Tablet Sales Down 20% In 2015
Tablet sales in Romania amounted to about 800,000 units in 2015 and went down in value by 20% due to the fiercer competition on the market. Sales in 2014 reached EUR90 million.
Raiffeisen Bank: We Raised Required Down Payment Over New Mortgage Law
The decision to raise the required down payment for mortgage loans was because of the impact we estimate the enforcement of the new mortgage lending law will have on the risk taken by our ba...
FAN Courier: Busiest Start Of The Year Ever
The start of the year was very good for the courier service industry, says Adrian Mihai, one of the founders of FAN Courier, and volumes were higher than usually in January.
Hidden Problem Of Companies: There Are Only 103,000 Managers In Romania
Romania has only 103,000 employees on management positions or 1.8% of the total number of employees, much lower than the European average of 5%, which shows how poor the market is in this de...
Four Brokerage Firms Account For Half Of Stock Transactions In January
Four major brokerage firms handled more than half of the 1.2 billion lei (EUR265 million) stock transactions in January. Their main customers are foreign investment funds, which gives a clue...
Smoking Ban To Cost Bars And Restaurants RON80M In Lost Sales
The law banning smoking in closed public places due to enforce in mid-March will have a small impact on the sales of restaurants, cafes, clubs and bars in Romania, no more than 5% for only t...
Lamy, Leroy Merlin: Only Three DIY Market Actors Will Remain In Ten Years
Consolidation, exits, and acquisitions will continue in Romania over the next decade and only three out of the nine players on the do-it-yourself retail market will still be there by 2026, b...
EBRD: Monetary Policy Should Support Access To Finance For Businesses
Monetary policy should support access to finance for businesses, especially SMEs outside Bucharest, and private customers to put growth on a wider and more diversified basis, says Sir Suma C...
IKEA Buys EUR400M Worth Of ‘Made In Romania’ Products A Year
Swedish furniture retailer IKEA buys more than EUR400 million worth of ‘made in Romania’ products a year, Stefan Vanoverbeke, IKEA’s retail manager for SE Europe (Croatia, Romania, Serbia an...
Cheap Oil Could Drive OMV Petrom Into The Red For First Time Since Privatization
OMV Petrom (SNP.RO), Romania’s only oil and natural gas producer, could end 2015 in the red, as the oil price slump caused it two successive impairments of exploration and production asset v...