Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Romania’s Banking System Posts RON1.2B Profit In H1
Romania’s banking system, which numbers 40 lenders, posted almost 1.2 billion lei (EUR271 million) profit in the first half. Solvency remained high and the non-performing loan ratio went dow...
More Than Half Of IT&C Jobs Created In 2008-2013 Based In Cluj
Out of the more than 10,000 jobs created in the IT&C sector in Romania in 2008-2013, over 6,200 were based in Cluj, according to the latest National Statistics Institute data.
Only Four Out Of World’s Ten Largest Companies Operate In Romania
Only four of the world’s ten largest companies and 35 out of top 100 are present in Romania, according to ZF’s calculations based on the Fortune Global 500.
Non-Resident Deposits Down At Six-Year Low
Non-residents’ medium and long-term deposits, which are mostly a form of support from parent banks abroad, stood at EUR5.4 billion (24 billion lei equivalent) at the end of June, down EUR500...
What’s Next For Regina Maria After Sale To Mid Europa
The sale of private medical service provider Regina Maria took six months and eventually investment fund Mid Europa emerged as victor after an ‘intense’ weeklong final round.
Second Tier Fashion Brands See Almost RON1B Sales From Over 500 Stores
International giants like Inditex (Zara), H&M and C&A, dominate the European fashion retail market, as well as the Romanian market, where their sales reach almost 1.7 billion lei (EUR384 mil...
30-Year Old Romanian In Charge Of Global Expansion Of H&M’s COS Brand
Romanian executive Cristian Chipaila was put in charge of the global expansion of COS, the second most important brand of Swedish fashion retailer H&M by number of stores, at the beginning o...
Major Energy Markets Showing Signs Of Rebound
The major energy markets, fuel and electricity, showed signs of rebound in the first half after years of decline. Gas consumption, on the other hand, did not, given the hard times the local...
No Change Among The Top Three Banks In H1
The three largest banks in Romania posted decline in interest income in the first half and the ranking by assets remained unchanged even after the completion of the deal between Banca Transi...
Developers To Add 150,000 Sqm Of Office Space In Bucharest In 2015
The year 2015 appears to be the most productive after 2011 in terms of new office space deliveries, with about 154,000 square meters (enough to accommodate 15,000 people) set to open by the...
Malta’s Premier Capital Takes Over McDonald’s Operations In Romania
US-held fast-food restaurant chain McDonald’s, which entered the Romanian market directly in 1995, has sold the local operations to Malta’s Premier Capital. Premier Capital holds the franchi...
Te-Rox Wants To Get 50% Of Raw Materials From Romania
Te-Rox group, which makes car seats for kids, gets 20% of the necessary raw materials from the Romanian market and wants to get as much as 50% in the coming years, says owner Doina Cepalis.