Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
New Look Fashion Brand Leaves Romania
British fashion brand New Look, introduced in Romania as a franchise, has decided to leave about four years after the opening of its first store in the country.
IT Sector Salaries Up 17-Fold Since 2000
The high demand for workforce in the IT sector has led to a fast-paced increase in salaries over the last few years, taking the average monthly net income to more than 4,500 lei (EUR1,000),...
Sika: Rebound In Demand From Private Sector Construction Projects
The construction industry in Romania has entered a new cycle of growth, albeit slight, because of private sector investment. However, public construction projects are the ones that can induc...
Ten Largest Furniture Makers Hired 5,000 People In During Crisis
The ten largest furniture manufacturers in Romania had about 12,200 employees last year, an increase of 63% on 2009, the first year of crisis, according to ZF’s calculations based on the Fin...
Albalact Launches Non-Carbonated Fruit Drink Frupt
Albalact, the largest dairy business in Romania, has entered the non-carbonated natural fruit juice segment with the Frupt brand, aiming for a slice of the 150 million liter annual consumpti...
Cargill Regains Top Spot Among Agricultural Commodity Traders In Romania
US-held Cargill and ADM (the former Alfred Toepfer) traded places again in the ranking of the largest agricultural commodity traders in Romania last year, as the former retook the top spot,...
Major Banks Push Leu Deposit Interests To Less Than 1%
Five of the top ten banks in Romania are now offering less than 1% interest per annum for one-month deposits, while the one-year deposits get 0.7% to 2.7%. The abundant supply of cash on the...
US Companies Made $850M Revenue From Oil Industry Equipment And Services In Romania in 2014
Major US suppliers of oil and natural gas industry equipment and services made more than $850 million revenue in Romania last year. More than 2,000 people, most of them in Ploiesti, work on...
Florea, VW: We’re Seeing Moderate Optimism On The Market
As the auto market keeps increasing, the customers who buy a new car are willing to invest more in personalizing it and also inquire about active and passive safety systems available for it.
Ghenea: PC Garage Exit May Happen This Year
Several foreign strategic investors are interested in buying PC Garage, the third leading online computer and electronics retailer in Romania, and a deal might happen this year, owner Marius...
City Point Residential Complex Developers Prepare Over EUR100m Investments
Israeli-held Shikun & Binui and Red Sea Group, the developers of the City Point residential complex in Aviatiei area in northern Bucharest, plan to build about 1,800 apartments on a plot of...
100 Largest Companies To Go Insolvent This Year Posted RON3.7B Revenue In 2014
The 100 largest companies that have gone insolvent since the beginning of 2015 posted 3.7 billion lei (EUR827 million) revenue last year and had tens of thousands of employees.