Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Top Ten Processing Industry Companies Posted RON58B Revenue In 2014
The top ten foreign investors in Romania’s processing industry posted more than 58 billion lei (EUR13 billion) revenue in 2014 and the top ten Romanian investors in the same sector posted mo...
MOL VP: Appetite For Acquisitions Still Far From Satisfied
MOL has about $2 billion available for acquisitions a year and can raise a further $4 billion from banks, which means a lot of room for acquisitions, says Ferenc Horvath, executive vice pres...
Croco Headed Towards RON140M Revenue From Pretzel Sticks And Biscuits
The Croco plant in Onesti, established by former physical education teacher Damian Mereu twenty-one years ago, is now exporting biscuits and pretzel sticks to several countries in Europe suc...
Romania, Region’s Insolvency Champion
More than 120,000 companies or 20% of all the companies in Romania and over 25% of those active in the country have gone insolvent since 2010.
Economy Ministry Won’t Sell Salrom
Economy Ministry will not sell its stake in salt producer Salrom, a top ten company in Europe in its industry, and will not have it float either. However, it is willing to buy Fondul Proprie...
Four Malls In Bucharest Changed Bosses This Year
AFI Palace Cotroceni, Mega Mall, Promenada, and Anchor Grup Romania made management changes this year, putting new people in charge of malls.
Ubisoft HR Manager: Rise In IT Salaries Artificial
The generous salary packages offered to candidates in the IT industry are artificial and fueled by the state aid that subsidizes most of the payroll costs company incur, says Grigoriada Stro...
Drought Causes Economic Growth Forecasts Revision
The extended drought that announces a very bad agricultural year is making macroeconomists revise their 2015 growth forecasts downwards.
US Fund Encouraged To Do Some Cleanup In Romania’s Banking System
US private equity fund J.C. Flowers has finally reached an agreement with the group run by businessman Ilie Carabulea to take over Banca Carpatica (BCC.RO), the first move in a broader plan...
Schaeffler Close To 4,000 Employees At Its Plant Near Brasov
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler, has increased the number of employees at its ball bearings plant in Cristian, Brasov County, to 3,900 and plans to hire more...
Romanian Entrepreneurs Cautious About Taking On Debt
Only 40 of the 100 largest entrepreneurial businesses in Romania have a debt ratio above their sector average, ZF has calculated based on Trade Registry and Finance Ministry data.
Altius Fotovoltaic Working Hard To Keep Up With Solar Panel Demand
Photovoltaic panel manufacturer Altius Fotovoltaic is working hard to keep up with demand from abroad and the significant interest in the sector from industrial companies in Romania, says ch...