Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Online Fashion Retail Beyond EUR100M In 2014
Online orders of apparel, footwear and other lifestyle products reached about EUR100 million in Romania last year. Overall electronic commerce market stood at about EUR1.1 billion and is exp...
Sixt Wants To Teach Romanians To Share A Car
Sixt, one of the largest rent-a-car businesses in the world, plans to expand the DriveNow car sharing service developed in partnership with the BMW Group to Central and Eastern Europe, inclu...
Wizz Air Paradox In Romania: 300 Employees, RON27M Losses, Zero Revenue
Low-cost airline Wizz Air Romania posted zero revenue and 27 million lei (EUR6.1 million) losses and had an average number of 300 employees last year, according to its Finance Ministry filin...
Microbreweries Gaining Ground In Romania
Microbreweries, also known as craft breweries, which number in the hundreds or thousands in UK, Italy, France, or Spain, are gaining ground in Romania, so the number of brands made in such f...
Radulescu, Sony: Sales Of TV Sets Up 6% In H1
Sales of TV sets stood at 350,000 units in the first half, about 6% more than in the year-ago period, and were worth 500 million lei (EUR113 million). Smart TV market share went up to 40% fr...
Government Connects Transylvania To Budapest Instead Of Bucharest By Highway
For the first time ever Timisoara and Arad (western Romania) are connected by a highway to a European capital as of Saturday, but that capital is not Romania’s but Hungary’s.
Ford Romania’s Revenue Down 17% In 2014
Ford Romania, the second most important carmaker in Romania, posted EUR912 million revenue last year, down 17% on 2013, according to Finance Ministry data.
Tinmar Ind Overshoots EUR500M Revenue Mark
Tinmar Ind, the largest private electricity trader in Romania, ended last year with more than 2.4 billion lei (EUR541 million) revenue, higher than expected.
Medicover Buys Romgermed’s Clinics, Expands Network To 20 In Romania
Swedish-held Medicover group, the third leading private medical service provider in Romania, has taken over the four clinics of Romgermed in Bucharest and Constanta, market sources say. Its...
Sporting Goods Retailer Hervis' Sales Up 20% In H1
Sporting goods retailer Hervis saw its revenue rise by more than 20% in the first half, as a result of the stable economy and of the increase in disposable income and in the number of people...
Valvis Puts Aqua Carpatica On US Store Shelves
Businessman Jean Valvis has taken Aqua Carpatica mineral water brand to US retail chains’ shelves, in an attempt to develop his international operations, which should generate 50% of revenue...
Forte Partners Invests EUR70m In Office Developments In Bucharest
Real estate developer Forte Partners, founded by three businessmen - Geo Margescu, Ionut Dumitrescu and Johny Jabra, is preparing about EUR70 million investments in two office projects in Bu...