Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Michael Kors To Open Second Romanian Store In Baneasa Shopping City
US premium brand Michael Kors is getting ready to open its second store in Romania, this time in the Baneasa Shopping City in northern Bucharest.
Teilor Jewelry Store Chain Expects 50% Sales Increase In 2015
Jewelry store chain Teilor of Romanian entrepreneur Florin Enache wants to expand to five or six stores in Bucharest in the next two years and two in each of the major cities of the country...
Romania’s Bicycle Production Hits Record High
Romania made 820,000 bicycles last year, a new record high for the country, which helped it climb to the sixth place in the EU, ahead of France and Portugal for the first time.
Mass-Market And Specialist Retailers Vie Over Slice Of EUR50M Jeans Market
The fast-paced expansion of international giants Zara, H&M and C&A, which dominate the European fashion market and dictate the trends on the local market, as well, can be seen on all the mar...
Electroarges In Talks With Retailer To Sell Its Own Brand Of Vacuum Cleaners
Home appliances manufacturer Electroarges (ELGS.RO) is negotiating putting its own branded products on the shelves of a local retailer with a network of more than 90 stores. The move is part...
Romania’s Banking System Lost One Fifth Of Branches And Employees Since 2008
Almost seven years from the onset of the economic crisis, the banking system has lost one fifth of the jobs and offices. A number of 14,282 people left the system and 1,349 offices and branc...
Romania’s Economy No Longer Reliant On Bucharest
The revenue of the companies registered in Bucharest taken together has dropped 37% to 433 billion lei (EUR98 billion) the past seven years, so the capital city now accounts for only 37% of...
NEPI Holds 20% Of Retail Space In Bucharest
Real estate developer NEPI, which bought Auchan Titan Shopping Center from German-held Aberdeen Asset Management two days ago, has reached EUR446 million investments in retail centers in Buc...
Grup Servicii Petroliere Returned To Profit In 2014
Grup Servicii Petroliere (GSP), the flagship company of the Upetrom group of Constanta businessman Gabriel Comanescu, returned to profit in 2014 from 163 million lei (EUR37 million) loss in...
Government Investments At Ten-Year Low
The Ponta Government announced a record budget surplus of 1% of the gross domestic product, 7 billion lei (EUR1.6 billion) in January-July, some of which it will use for wage raises, while c...
Tiriac Won’t Exit Allianz-Tiriac And Metro Cash & Carry
Businessman Ion Tiriac says he has no intention of exiting Metro Cash & Carry and Allianz Tiriac after having sold his stake in UniCredit Bank, because with the bank the decision was made te...
20 Companies Make Almost 20% Of Profits In Romania
The top 20 companies in Romania by net profit last year became about 12 billion lei (EUR2.7 billion) richer last year. The champions of the local economy account for almost one fifth of the...