Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
First Hilton Garden Inn Hotel To Open In Bucharest’s Old Town
The Lithuanian investors who own the four-star Europa Royale Hotel at the entrance to Bucharest’s Old Town are investing in a new hotel in the area, near Romania’s central bank headquarters,...
Engie CEO: Oil Price Slump Restores Competitiveness To Gas-Fired Power Plants
Ten years ago people did not know where power comes from, now they want to generate it themselves, they want to know whether it comes from nuclear or coal-fired plants.
Resurgence In Domestic Demand Drove Romania’s Power Production Up In 2015
Romania’s power production went up by about 1.7% to 61.6 TWh last year, the highest level since 2003, European Network Of Transmission System Operators For Electricity (ENTSO-E) data show.
Largest Pension Fund In Romania Has EUR80M For Investments In Stocks
The ING mandatory private pension fund, which has 9.1 billion lei (about EUR2 billion) assets and is managed by NN Pensii, plans to invest EUR80 million in the shares of the companies listed...
Atos To Hire 500 People In Romania In 2016
French-held Atos, one of the largest IT solutions integrators in Europe, will expand its local team by 500 people in 2016 so as to reach more than 2,000 employees in Romania by the end of 20...
Wizz Air Aims To Double Passenger Numbers In Romania
Wizz Air will double passenger traffic to and from Romanian airports to 9 million to 10 million people in five years, says the airline’s chief executive officer Jozsef Varadi.
Analyst: Romania Could See Economic Growth Of Over 5% This Year
Romania’s economy might grow by more than 5% this year, as a result of the latest economic developments and the continued rise in consumer spending, Andrei Radulescu, senior economist with B...
With Oil Price Headed To $20, OMV Petrom Is Better Off Importing, Analysts Say
The oil price dropped to less than $30 last week, something that did not happen even when Lehman Brothers collapsed in the fall of 2008.
Astra Rail Industries Works For International Customers Only
Astra Rail Industries, a company built by German Thomas Mans from Astra Vagoane Arad, Meva and Romvag Caracal, only works with customers abroad, having gained some from UK, France and Austri...
Foreign Investors Caught in Low Wage, Underdeveloped Economy Trap
The trap of low wages and underdeveloped economy in some of Romania’s counties has finally caught up with the foreign investors who are unwilling to raise the wage level of those counties, m...
Romanian Employees 67% More Productive Than Ten Years Ago
Romania ranks first in the European Union by increase in labor productivity per employee in the past decade.
Philips Puts Romanian Executive In Charge Of Operations In 11 Countries
Romanian executive Alexandru Popescu has become managing director of Philips South East Europe replacing Robin van Rozen, industry sources told ZF. He will handle import and distribution but...