Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Supremia Grup Buys Two Companies In Denmark
Food ingredients manufacturer Supremia Grup has bought two companies in Denmark, Tamaco Trading and Tamaco Pak, its owner Levente Bara announced.
December Generates EUR1.2B To EUR1.5B Sales For Retailers
December generates 10% to 20% of the yearly sales of modern retailers – supermarkets and hypermarkets, depending on format. At an average of 15% and annual sales of EUR8.5 billion to EUR98 b...
2015 In Review: Ten Most Important Events In Energy Sector
The slump in the oil price from $115 in the summer of 2014 to a staggering $35 in December, the EUR1.7 billion fraud at Petrotel Lukoil, Enel’s decision to stay in Romania and the largest lo...
BCR Sells EUR1.2B Corporate NPL
BCR, the largest local bank, has sold a set of non-performing corporate loans with a face value of EUR1.2 billion to a consortium comprised of Deutsche Bank, IFC and APS. This is the largest...
Four Debt Collectors Took Over EUR6B Worth Of Loans From Banks
Four large debt collectors, APS (Czech Republic), KRUK (Poland), Kredyt Inkaso (Poland) and EOS (Germany) reached an almost EUR6 billion non-performing loan portfolio at the end this year, w...
US And Middle Eastern Contracts Take Romarm’s Exports To Almost $95M In 2015
Defense company Romarm, a state-owned manufacturer of weapons and military equipment, exported $94.5 million worth this year, almost 10% more than in 2014.
Eberspaecher Invests EUR32M In Automotive Component Plant In Oradea
German automotive air conditioning equipment manufacturer Eberspaecher will start a EUR32 million greenfield investment in a component plant in the Eurobusiness industrial park in Oradea nex...
Leu Loans Account For 75% Of New Loans In Jan-Oct
Banks granted 53.5 billion lei (EUR11.9 billion) worth of new leu, euro and US dollar-denominated loans to consumers and companies in the first ten months of the year. New leu-denominated lo...
2015 In Review: Ten Most Important Events In Pharmaceutical Industry
The year that is about to end was full of deals and business expansion steps of the companies in the private healthcare industry and pharmaceutical retail. While some foreign companies gave...
Orange And Telekom Team Up After Two Years Of Secret Talks
Orange and Telekom, the largest operators on the Romanian communications market, at the end of December signed a deal offering each other access to their landline and 4G networks.
Kredyt Inkaso Buys EUR340M NPL From UniCredit
Polish-held Kredyt Inkaso bought a EUR340 million set of non-performing loans from UniCredit Romania for which it is to pay EUR28 million. This is the largest deal involving NPL this year.
2015 In Review: Ten Most Important Events In Food&Beverage Industry
The year 2015 came with a breath of fresh air for the food and beverage industry in form of a VAT cut for such products, as well as with several international deals that have an impact on th...