Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Halewood: We Want To Be In China Because Its Market Will Skyrocket
Wine deliveries to China will amount to 450,000 bottles this year, almost twice as many as in 2014 (250,000), says Dan Muntean, general manager of Halewood Romania, one of the large local wi...
Furniture Retail Attracts New Companies
Three new retailers have entered the furniture retail in the last two months, an over EUR700 million market denominated by local entrepreneurs. Since few retailers ventured into the market d...
Manufacturing SMEs Employ More Than 800,000 People
Only one out of nine small and medium-sized enterprises in Romania has manufacturing as its core business, according to ZF’s calculations based on the European Commission 2014 estimates.
Philips' Romanian Plant Saw EUR116 Million Revenue In 2014
Philips’ plant in Orastie, central Romania, ended last year with EUR116 million revenue, an increase of 14% on 2013 and five times higher than in 2009 when the Dutch group bought it. At that...
Brise Group Close To EUR300M Revenue From Agribusiness
Brise Group, of Constanta entrepreneur Marius Bucur, ended last year with EUR289 million revenue, 10% above the 2013 level and its highest ever.
ArcelorMittal Galati Posted Almost EUR1B Losses In 2009-2014
Steel plant ArcelorMittal Galati posted 3.59 billion lei (EUR805 million) revenue last year, 3.2% lower than in 2013 and RON480 million loss. The plant’s business was hurt by the drop in ste...
Sucu, Mobexpert: All Signals Are Positive
The Mobexpert group posted 12% higher sales in the first four months of 2015, the first double-digit increase after the crisis, and owner Dan Sucu says it is now time for growth in the furni...
Stefanel: Flagship Romanian Store Contributes 25% Of Sales
The Stefanel brand, which started fashion retail in Romania at the beginning of the nineties when other international names were not even considering expansion to this country, is negotiatin...
Softronic’s Exports Reach RON11M In 2015
Craiova-based Softronic, held by Romanian entrepreneurs sold its 20th locomotive made in Craiova abroad and expects to export one more by yearend.
Smart Diesel Saw 45-Fold Growth In Five Years To EUR100M
An Arad company held by several little known businessmen saw 45-fold growth in revenue from its core business, sale of diesel oil to small and medium-sized transport companies, in 2010-2014.
State-Run Listed Energy Companies’ Bosses Earned RON4.4M Together In 2014
The private sector managers who became chief executive officers of the largest listed state-run energy companies collected 4.4 million lei (EUR1 million) in base salary plus bonuses in 2014,...
Mastermind Of Zara’s Expansion In Romania Moves To Moscow
Mihai Cioltea, the Romanian executive who supervised the expansion of Inditex (Zara) in Romania, has taken the position of head of expansion for the Russian Federation and Kazakhstan with th...