Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Cheap Oil Hurts Suppliers Of Equipment And Services
Oil and gas producers have had to cut investments due to the sudden drop in oil price, which translates into a lower demand for drilling equipment, pipes and drilling services.
Ten Most Debt-Laden Sectors Have Over 80% Debt Ratio
Coal mining, restaurant, building construction, advertising and gambling are among the ten most debt-laden industries, whose debt ratio exceeds 80%, according to a ZF ranking based on Financ...
1Q In Review: Ten Most Important Events In Tourism Business
Tourism, a sector with almost 7,000 hotel companies that generate 4 billion lei (almost EUR1 billion) revenue a year, saw the government deciding to cut the value added tax to 9% for accommo...
VAT Cut To Leave Consumers With RON5B Disposable Income If Retailers Cut Prices, Too
In a surprise move, the Romanian government announced a value added tax cut to 9% from 24% as of June 1 not only for staple foods, but also for all agri-food products, non-alcoholic beverage...
1Q In Review: Ten Most Important Events In FMCG Industry
The fast moving consumer goods market witnessed legislative changes in the cigarette business, several changes of managers such as the head of Lactalis Romania and Mondelez, Milka importer,...
OMV Petrom Sees 40% Lower Profit In 2015, Shaves 12% Off Investment Budget
OMV Petrom (SNP.RO) is preparing to endure a whole year of low oil prices and has budgeted 1.1 billion lei (EUR249 million) in net profit for 2015, 40% lower than in 2014, which in turn was...
Lafarge Romania: Good Agricultural Year Gives Construction Sector A Boost
The start of the year came with positive signals from the construction market, says Costin Borc, the Romanian who has been running construction material manufacturer Lafarge Romania, the loc...
Top Five Banks In Romania Hold Over 50% Of Assets, Loans And Deposits
The five largest local banks held 54% of the assets, loans and deposits of the banking system at the end of last year.
Medicover To Step Up Investment In Romania
The Medicover group will step up investment in Romania and plans to expand the hospital in the Baneasa area in northern Bucharest and open at least three clinics every year, says chief opera...
Profi Heading Towards EUR500M Revenue
Supermarket chain Profi held by Polish private equity firm Enterprise Investors will hire about 1,100 people this year, following expansion by as much as 100 stores in 2015 alone. Under the...
The Story Of The 30-Year Old Romanian Who Is Now Developing Three H&M Brands In China
After having been part of the team that established H&M’s presence in Romania for three years, Cristian Chipaila decided to go to China to supervise the development of all the other brands o...
Coffee Shop Market Shows Signs Of Rebound
The coffee shop market was one of the worst hit by the crisis, as Romanian consumers chose to give up going out for a cup of coffee rather than going out for lunch.